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End of Bitcoin dominance? Analyst lists 10 altcoins that could explode in 2025
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Bitcoin (BTC) dominance has reached its peak and liquidity will flow into altcoins soon. This is what Symbiote, a popular cryptocurrency analyst and investor, believes. With over 94k followers on X.com, he describes himself as someone who enjoys writing topics and sharing strategies on how to make money with cryptocurrencies.
In his last publication made on Thursday (28) he presented some of the reasons that lead him to believe in end of the Bitcoin empire. Furthermore, it listed 10 altcoins which he believes are set to explode in the coming years.
Anyone who even follows financial news at all has come across the name Bitcoin. Even those who don’t even know exactly what cryptocurrencies are. In the end, This cryptocurrency emerged with the intention of being a safe and private method of exchanging values. Soon, BTC became one of the most valuable market assets, surpassing even gold.
Since the creation of Bitcoin, a lot has changed, especially in Bitcoin’s market presence. Until mid-2017, BTC held almost the entire market. Ten out of ten investors interested in cryptocurrencies bought Bitcoin. BTC was a cheap cryptocurrency considering today’s price. In January of that year, for example, it was worth about $1,000.
The fall of the Bitcoin empire
However, throughout the year, a series of events took place that pushed the price of Bitcoin to around US$20,000. Thus, the high price made savers-investors look for other, cheaper and more accessible cryptocurrencies.
It was precisely in 2017 that there were a series of new cryptocurrency offeringsmany derivatives of the network Ethereum. Launched in 2014 by Vitalik Buterin, the platform facilitated the development of new projects blockchain and cryptocurrenciesbeing one of the main responsible for the sharp drop in Bitcoin’s dominance in the market.
This cycle, of Bitcoin market capitalization loss and other altcoins gainingwas repeated once again in 2021. At the time, cryptocurrencies created by Satoshi Nakamoto represented 70% of the entire cryptocurrency market. In the following years, this share fell even further, below 50%, then rose again but ended the 5-year cycle with just 60%.
All this data was presented by Symbiote in his publication on X. For him, the market is facing yet another Bitcoin liquidity spike which, just like in 2017 and 2021, will lose value and reduce its market share. The investor remembers that, whenever this cryptocurrency enters a downward bias, the altcoins end up benefiting.
As the analyst suggested, the altcoins have potential to generate returns in the range of 100x and 1,000x and that this growth is more likely in low market value currencies. Lastly, Symbiote lists 10 of the altcoins that he believes will have the greatest yield capacity in the coming years. Here they are:
In addition to altcoins, memecoins also remain interesting alternatives for investors who want low-cost investors. In the guide to the top memecoins to invest in, you can now find some of them.
End of Bitcoin dominance? Analyst lists 10 altcoins that could explode in 2025
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End of Bitcoin dominance? Analyst lists 10 altcoins that could explode in 2025
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End of Bitcoin dominance? Analyst lists 10 altcoins that could explode in 2025
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End of Bitcoin dominance? Analyst lists 10 altcoins that could explode in 2025
