Disclaimer: The Industry Talk section features insights from crypto industry players and is not a part of the editorial content of Cryptonews.com.
Altcoin season is a blanket term used to describe a period of time when investors flock to buy cryptocurrencies other than Bitcoin. Timing is everything, so this guide sheds some light on the top cryptocurrencies to buy ahead of the next altcoin season.
We analyze a range of different altcoin projects for ultimate diversification – which includes presales, those that are new on the scene, and long-existing crypto assets.
10 Coins to Add to Buy Before the Next Altcoin Season
Below is a quick-view list of the top 10 tokens to consider investing in before the next altcoin season begins.
- Dash 2 Trade – Best Presale Crypto Investment for the Next Alt Season
- IMPT – Trade Carbon Credits on the Blockchain
- Calvaria – NFT Card Game With Monthly Tournaments
- Lucky Block – Crypto and NFT Gaming Project With Giveaways
- Ethereum – Largest Altcoin by Market Cap With Smart Contracts
- Binance Coin – Digitial Currency Fuelling the World’s Biggest Crypto Exchange
- Dogecoin – Original Meme Token With Strong Online Community
- Polkadot – Innovative Web3 Software Project on the Blockchain
- Cardano – Third-Generation Proof of Stake Blockchain Platform
- XRP – Underlying Currency of Payment Processing Network Ripple
A Closer Look at the Best Coins for the Next Alt Season
Investors should do their homework, rather than just allocating funds to the first new crypto project they come across. This is especially the case in such a saturated and volatile market.
To shorten this process and enable investors to make informed decisions, we’ve analyzed the top 10 best altcoins to buy ahead of the next altcoin season.
1. Dash 2 Trade – Best Presale Crypto Investment for the Next Alt Season
D2T is an altcoin that is in the midst of one of the biggest presale campaigns of the year. The token was created by the developers behind the intelligence and analytics terminal Dash 2 Trade. This terminal is being thoughtfully built to provide intelligent insight to a range of investors with varying levels of expertise.
Essentially, the terminal will be a one-stop shop for crypto investors looking for pointers on the best assets to buy and sell, for the next altcoin season, and beyond. As such, this could be described as the Bloomberg terminal of crypto. The platform will offer numerous services and tools to help investors make wise choices.
Some basic features are available for free. Although to really make the most out of this platform, investors will need to subscribe using D2T tokens. By subscribing, they will be able to access a plethora of information to assist them in placing the right orders and potentially making money with crypto.
Presales can offer heaps of upside potential. As such, Dash 2 Trade will alert all D2T holders to new profitable ICOs (initial coin offerings) and presales. The experienced team will combine advanced crypto trading bots with human expertise to provide a plethora of high-upside opportunities.
Bots scan social media platforms such as Twitter and Reddit around the clock. The goal is to find information surrounding sentiment on specific crypto assets and find currencies that might create gains for investors. Dash 2 Trade will also supply data on any noteworthy whale wallet movements.
For any investors who are unfamiliar with the term ‘whales’, this refers to those that buy, sell, and own crypto in large quantities. This is often several million dollars worth of crypto at any given time. Investors who utilize cryptocurrency whale tracker data, such as that offered by Dash 2 Trade, can better anticipate significant market swings.
Meanwhile, the crypto signals included in Dash 2 Trade subscriptions indicate the point at which an investor might enter the market and which asset to buy or sell. The platform also includes risk/reward parameters, which means each signal features a tip on where to place a take-profit and stop-loss order.
These orders prevent losses from getting out of control or lock in gains before the opportunity slips away – whichever comes first. There are plenty of tools, and D2T tokens can be purchased now on presale at a discounted price of $0.0513 each. A minimum order of only 1,000 D2T is required.
The project has raised more than $5.7 million thus far making it one of the best crypto presales of 2022. Tokens will increase to $0.0533 in stage four, which will begin when the target of just over $8.7 million has been reached.
2. IMPT – Trade Carbon Credits on the Blockchain
The environmentally friendly blockchain project, IMPT will mint carbon credits as NFTs to enable businesses and investors alike to reduce their emissions. This could be described as a hybrid of regenerative and decentralized finance.
IMPT is the most energy-efficient crypto that powers the ecosystem. Investors can purchase IMPT tokens and use them to buy carbon credits. Because they are NFTs, the investor retains full ownership of the carbon credits and can therefore buy, sell, or burn them within the IMPT ecosystem.
Retired carbon credits allow investors to compensate for their footprint. All burned carbon credits are sent to a null wallet and the investors who choose to take this route will be rewarded with a collectible NFT each time. Investors can also earn IMPT tokens by shopping with the many socially responsible brands that have partnered with the platform.
We studied the roadmap and whitepaper and discovered the platform is going to incorporate a social platform. This will include a system that allows investors and corporations to collect points and track their scores based on their activities.
There is a range of impactful projects to pick from. This includes the preservation of forests, sustainable agriculture, the production of renewable energy in developing nations, and others. By 2035, it is predicted that the amount of credit needed worldwide will have multiplied at least 20-fold.
As such, IMPT is a worthy addition to any portfolio when looking ahead to the altcoin season in 2023. Before choosing a project, IMPT allows investors to assess the CO2 compensation quality of each one. The IMPT project is still in its infancy. In fact, the native token is in phase two of its presale at the time of writing and has already raised over $12.5 million.
Right now, IMPT tokens can be purchased for $0.023 each. However, the price of IMPT will increase in increments as the presale campaign progresses toward its listing on an exchange.
3. Calvaria – NFT Card Game With Monthly Tournaments
Calvaria is another project to consider in the run-up to the next alt season. This is a new platform that has created a play-to-earn (P2E) game on the blockchain called Duels of Eternity. Here’s how it works; players create unique card decks and compete with one another in a fully immersive fantasy world.
Each individual card depicts a distinct character and has its own abilities within the Calvaria realm. In Calvaria, every in-game card is an NFT, therefore players are able to take ownership of their entire deck. Furthermore, the peer-to-peer marketplace within the Calvaria ecosystem provides a mechanism for users to monetize their decks.
Alternatively, they can put together a special deck, and freely trade their NFT cards. The native currency of Calvaria is an ERC-20 token called RIA. Meanwhile, battle victories in Calvaria reward players with eRIA tokens.
RIA can be used to buy NFT cards and increase players’ chances of winning battles. The platform will also host monthly tournaments and offer prizes to those that do well. Although not active at the time of writing, the platform will also introduce staking.
This will enable RIA investors to earn rewards. In other words, by purchasing RIA and then locking tokens up for a specific period of time, investors can earn a passive income from idle cryptocurrencies. At the time of writing, RIA tokens are 75% into the fourth presale phase.
At this time, it costs $1 for 40 RIA tokens. However, as soon as the campaign progresses to phase five of the presale, $1 will allow investors to buy just 33.33 RIA tokens instead.
Beginners can find a full guide on how to buy Calvaria tokens (RIA) here.
4. Lucky Block – Crypto and NFT Gaming Project With Giveaways
Top NFT Competition ecosystem Lucky Block had one of the most successful crypto ICOs ever. Once it was listed, LBLOCK became the quickest token to hit a billion-dollar market capitalization. LBLOCK is among the best investments for NFT fans in the build-up to the next altcoin season.
Lucky Block creates the best NFTs that coincide with the platform’s various competitions. Investors can take a look at the competition on offer, and then purchase the NFT specified to gain entry.
One of the most noteworthy Lucky Block competition rewards includes $1 million worth of Bitcoin. To enter this one, investors can buy one or more BTC1M NFTs. Each represents a ticket.
Other prizes include NFT giveaways, a Bored Ape Yacht Club NFT, a 5-star vacation, and a $1 million house. Interested investors can buy a BAYC, 5HOLIDAY, and/or 1MHOUSE NFT respectively, from the Lucky Block platform to enter. The platform is also giving away a Lamborghini. In this case, investors must buy a Platinum Rollers Club (PRC) NFT for entry.
LBLOCK tokens come in two different versions, V1 is a BEP20 coin and is used for rewards, games, and DEX trading. On the other hand, V2 is built on Ethereum, which is more liquid, can be traded on CEX exchanges, and eliminates taxation charges.
The market cap of V1 is around $8.7 million. As of writing, LBLOCK V2 has a fully diluted market capitalization of around $850k. A bridge was launched in October 2022, allowing investors to upgrade from V1 to V2 if they wish.
5. Ethereum – Largest Altcoin by Market Cap With Smart Contracts
Ethereum is a well-known global software platform that uses blockchain technology to power various applications. This includes the verification and execution of smart contracts. There are also lots of P2E games built on Ethereum.
Ethereum is also a popular option for developers who want to create open-source dApps. Ether tokens, or ETH, were introduced in 2015. This large-cap cryptocurrency has been one of the preferred options during many altcoin seasons.
Ethereum was a proof-of-work cryptocurrency with high fees and slow transaction times compared with others. The network’s algorithm has now been upgraded to 2.0. As such, ETH is now a proof-of-stake token. This allows it to be less energy intensive and means that 1,000 transactions can be completed in one second.
Previously, in the same timeframe, only 15 transactions were processed. Ethereum is the biggest altcoin by market capitalization. As of the time of writing, ETH has a market capitalization of about $179 billion.
Your capital is at risk. Crypto asset investments are highly volatile and speculative.
6. Binance Coin – Digital Currency Fueling the World’s Biggest Crypto Exchange
Binance Coin, or BNB, is the native cryptocurrency of the Binance exchange. Binance should need little introduction as it is the largest exchange in the world by trading volume. BNB is the native currency of the exchange and it was originally created utilizing the ERC-20 token standard. BNB now operates on its own blockchain network – the Binance Chain.
BNB is a popular option for investors during the altcoin season. A maximum of 200 million BNB tokens were created by Binance. However, this is a deflationary cryptocurrency as Binance regularly burns BNB tokens from the circulating supply.
Its main purpose is to support exchange operations while allowing traders to use the token for transaction fees on the platform.
BNB can also be used to invest in a range of other markets such as equities, as well as to pay for products and services (where accepted as a form of payment).
According to CoinMarketCap, BNB is the fourth largest crypto asset by market capitalization. At the time of writing, the market capitalization of Binance Coin is over $51 billion.
Your capital is at risk. Crypto asset investments are highly volatile and speculative.
7. Dogecoin – Original Meme Token With Strong Online Community
Thanks to a huge community of online supporters, including famous faces such as Elon Musk, Dogecoin is a popular investment during the altcoin season. DOGE became the first-ever meme token when it was released in 2013.
However, it wasn’t until the short squeeze of stocks like Gamestop and AMC in late 2020/early 2021 that Dogecoin really gained mainstream attention.
Online retail investors rallied together to buy DOGE, turning it from a bit of a joke, into a top ten crypto asset. Dogecoin skyrocketed, going from a market capitalization of $1.3 billion to $16.5 billion between January and May 2021.
The value of DOGE tokens increased by thousands of percent, creating huge gains for those who cashed out at the right time. DOGE has no real use cases and there is no cap on its supply. However, it still has a sizable and loyal following on social media platforms such as Reddit and Twitter.
Dogecoin is among the top ten crypto assets by market capitalization. This stands at over $13 billion at the time of writing.
Your capital is at risk. Crypto asset investments are highly volatile and speculative.
8. Polkadot – Innovative Web3 Software Project on the Blockchain
Those looking to invest now for altcoin season 2023 should consider Polkadot. DOT powers an ecosystem whereby creators can develop blockchains and much more. The name comes from the network’s ability to connect the dots, allowing blockchains to communicate with one another.
These specialized blockchains are referred to as parachains. Polkadot’s development is future-proof and community-driven. Network updates are planned on-chain, implemented independently, and without forking the network.
In recent news, the company behind Polkadot, Web3 Foundation, has engaged with the SEC to make DOT a software product rather than a security. The DOT token’s price increased, suggesting that it had positively reacted to the most recent announcement.
DOT started November 2022 with a market capitalization of just over $7 billion. Within a week it increased to a valuation of $8.5 billion.
Your capital is at risk. Crypto asset investments are highly volatile and speculative.
9. Cardano – Third-Generation Proof of Stake Blockchain Platform
The native coin of the Cardano blockchain, ADA, is employed to support P2P transactions. Cardano is an open-source blockchain that uses the Ouroboros proof-of-stake model. Scalability, adherence to rules, voter fraud, and interoperability are just some of the issues the Cardano seeks to address.
The peer-reviewed technology used by the network gives it legitimacy and a technical edge over competitors, making it hugely popular in the run-up to the crypto alt season.
Moreover, Cardano is thought to be one of the pioneers of the proof-of-stake mechanism mentioned earlier. This means fast transactions, low fees, and enhanced security. Cardano’s market capitalization at the time of writing is almost $14 billion.
Your capital is at risk. Crypto asset investments are highly volatile and speculative.
10. XRP – Underlying Currency of Payment Processing Network Ripple
A well-known digital payment network and protocol built on the blockchain called Ripple has its own currency, XRP. This is one to watch for the next altcoin season.
Similar to the SWIFT system for international money and security transfers, the primary purpose of Ripple is payment settlements.
On the Ripple network, transactions are settled in a matter of seconds, and the platform can handle nearly 1,500 transfers per second. This is clearly preferable to traditional financial institutions, which may need days to complete a wire transfer.
The market capitalization of XRP is over $22 billion at the time of writing.
Your capital is at risk. Crypto asset investments are highly volatile and speculative.
What is an Altcoin Season?
Those who invest in cryptocurrencies are typically interested in the idea of ‘timing the market’ for the best gains.
This entails identifying patterns and trends to guide their entry and departure points when placing an order.
Like with equities, investors have declared different ‘seasons’ in the crypto markets.
See below:
- Better-known seasons include crypto winter and summer
- Winter brings market-wide prolonged depressed prices for digital currencies
- Meanwhile, DeFi Summer was coined in 2020, with reference to a surge in the popularity of decentralized finance projects
So what exactly is a crypto altcoin season?
- Altcoins are digital currencies outside of Bitcoin
- This season refers to a shorter period of time when altcoins are on an upward trajectory
- This does not include stablecoins such as USDT, BUSD, or PAX, or those pegged to physical assets
Once investors identify the start of an altcoin season, they begin to buy Bitcoin alternatives. The overarching goal is to find altcoins likely to blow up.
In some cases they outperform Bitcoin. On the other hand, it gives investors the chance to enter and make gains from the crypto market without forking out thousands of dollars on a single BTC token.
Altcoin seasons are also a good time for early-bird investors to diversify and find new presale and ICO projects like Dash 2 Trade.
Is it Alt Season Now?
According to the altcoin season index provided by BlockchainCenter, the time has not arrived just yet. To clarify, the index is based on the performance of altcoins in comparison to Bitcoin.
In a nutshell:
- If 75% or more of crypto assets have performed better than Bitcoin, it is officially crypto alt season
- At the time of writing, only 43% of altcoins have outperformed BTC tokens
As such, this presents early investors with an opportunity to build their portfolio before the next alt season.
As we mentioned earlier, Dash 2 Trade is currently on presale at a discounted price. D2T tokens can be purchased for only $0.0513 each as of writing. This offers a superb entry point before the next altcoin season.
Will There be Another Altcoin Season?
It is inevitable that there will be another altcoin season. As with stock trading and other markets, altcoin prices tend to move in cycles.
As we said, investors refer to these trading cycles as seasons.
As such, investors can be all but sure that at some point, altcoin season will begin. When the market seems to be bullish for Bitcoin, this is usually a sign that an altcoin season is on the horizon.
This is because investors who might not have the funds for a BTC token opt for more affordable cryptocurrencies for fear of missing out. That said, outside influences can always affect the crypto market, so investors will need to conduct thorough research.
On a side note: some investors consider trading signals for tips if they don’t understand how to read technical indicators and charts. This is something that will be offered on the upcoming Dash 2 Trade terminal.
When is the Next Altcoin Season?
As we touched on, the next altcoin season will likely be triggered by a Bitcoin pump. That said, an accurate date of when the next altcoin season begins is unknown. The cryptocurrency markets are highly volatile and unpredictable for the most part.
That said, as well as checking an alt season index, investors can also look at charts that illustrate Bitcoin’s dominance themselves. Bitcoin’s overall market capitalization is relative to the rest of the crypto market, and this is one of the best tools for identifying an altcoin season.
Consider that at the time of writing, TradingView’s Bitcoin Dominance Index illustrates 40.1%. This indicates that 40.1% of the market capitalization of all cryptocurrencies is held by Bitcoin. To put this into perspective, Bitcoin’s market dominance was over 70% at the end of 2020.
As such, investors might identify an upcoming altcoin season by spotting a significant, long-lasting decline in Bitcoin’s market dominance over a period of weeks or months. Another way to identify a potential altcoin season is large-scale hype like that seen in 2020/2021.
Should You Invest Before Altcoin Season?
It’s common for investors to start entering positions before altcoin season, although many place orders during too. One of the hardest parts about trading crypto assets is timing the markets.
That is to say, unless the crypto asset is bought and sold at the right time, the investor can make a loss when they close their position.
- Investors can look for blockchain trends on various social media sites and exchanges to try and identify the next alt season
- For example, this might include an increased interest in analytics platforms, cryptos that can be swapped for carbon credits, or P2E projects like Calvaria
- As we said, another signal of a potential altcoin season is when Bitcoin is in the midst of a bull run
- At this time, the price of large-cap altcoins tends to increase as well
There is no right or wrong answer to the question of ‘should I invest before altcoin season?’. Investors should consider their own interests and goals. It’s also important to create a realistic budget and consider diversifying a portfolio to try and mitigate risk.
Conclusion
Today, we’ve reviewed the top trending cryptos to buy ahead of the next altcoin season. This includes a range of established and presale Bitcoin alternatives that many believe are a worthy addition to any portfolio.
The best thing about the D2T presale is that tokens can currently be locked in at a price of $0.0513. Once they go live on an exchange, holders of D2T can head over to Dash 2 Trade to claim their tokens.
Furthermore, D2T tokens can be used to pay for a subscription to access a slew of benefits including trading signals and other tools to aid profitability.
Visit Dash 2 Trade Presale Now
FAQs
Will there be an altcoin season in 2023?
It’s hard to say whether there will be an altcoin season in 2023. Some market commentators think an alt season is around the corner. That said, investors should make their own decision based on metrics like Bitcoin market dominance charts, and altcoin index data. When 75% of altcoins have outperformed BTC, the alt season begins for most investors.
What is meant by altcoin season?
An altcoin season is what investors call a period of time whereby altcoins experience a short-term bull run. This is usually down to a Bitcoin rally which leads to FOMO, causing smaller investors to buy upcoming or cheaper altcoins. Altcoin season can also be kickstarted by a meme rally or another sharp increase in interest.
What altcoins should I buy in 2022?
Some of the best altcoins to buy in 2022 are Dash 2 Trade’s native token D2T, IMPT, and Calvaria’s RIA. D2T is on presale and can be used to pay for Dash 2 Trade subscriptions for market insights and analytics. IMPT tokens can be used to buy tradable carbon credit NFTs. Meanwhile, Calvaria is a P2E NFT battle card game with rewards and its currency RIA is on presale as of writing.