The difference between the previous counterfeit coin season and this one!❤️
In the past, altcoins were usually funded by Bitcoin
The flow of funds from BTC to other cryptocurrencies (altcoins) causes the altcoins to rise more than BTC.
The three core elements of the traditional altcoin season include:
Fund rotation: BTC’s rise slows down, funds flow to ETH, mainstream altcoins, and finally spread to small market value tokens.
The rise of altcoins is better than BTC: the market has seen a general increase, with some altcoins skyrocketing several times in the short term.
Market sentiment FOMO: A large number of retail investors have entered the market, and the hype in the community is on the rise.
However, the market environment in 2025 is different from the past, presenting the characteristics of the “altcoin season 2.0”:
Funds are no longer just overflowing from BTC, but directly flowing into specific narrative sectors (such as AI, RWA, PolitiFi, etc.) through stablecoins (such as USDT, USDC).
The rotation of sectors is accelerating, and funds are concentrated in a few high-quality projects rather than a general rise.
Institutional funding and narrative driven, rather than retail FOMO led.
Market funds have changed their direction of operation, and only by abandoning traditional thinking can they make money in this changing market.
Author: BitcoinKOL，Source: https://bitcoinkol.com/what-are-the-characteristics-of-this-crypto-altcoin-season%ef%bc%9f/
