Altcoins in the “What the Altcoin?!” Season

by

So get ready, because this week in crypto is about to remind you what turbulence really feels like. 🎢 While Altcoin ETFs are throwing trading records out the window, the actual altcoins are more down than my mood during a power outage. Bitcoin? Below $98,000-ouch. Anyone else in their worst November attire ever?

Altcoins Fall Even As New ETFs Break Trampling Records

Get this: a new altcoin ETF is outperforming expectations while altcoins are breaking records for sliding faster than Piet, The Flying Dutchman’s, flight when it rains. The star of the lot? Canary XRP ETF, affectionately known as XRPC, which debuted on Nasdaq. On day one, it saw a whopping $58.5 million in volume, just sidestepping the previous record held by Bitwise Solana at $57 million. Over 2.26 million shares were traded, yet the price of XRP couldn’t muster up enough energy to kiss $3.

Why ETFs Didn’t Spark a Firework Show

For the investors out there, you were pretty jazzed about a prelaunch advocate-style rally. But nope, the market said, “Thanks, but no thanks,” and dipped instead. Steven McClurg from Canary Capital chimed in to say if new records for altcoin ETFs don’t pump up your enthusiasm, perhaps just look at it like commodity ETFs: Gold gets to sprint, silver jogs, and the smaller metals are just standing in the crowd nosebleed-style. Long story short, crypto modeling might follow suit-though only a few get VIP treatment.

The Mega Reasons Altcoins are Crashing Hard (no, it’s not a surprise)

Here’s a backstory, folks: XRP and SOL are not the only ones on life support. The broader crypto market is turning colder than a winter in Siberia because the mighty Bitcoin has decided to be a dawdle since September. Complex names like “rising dominance,” “macro pressure,” and “profit taking” are all conspirators in this game of macro-networking. Even the strongest ETF launches couldn’t fight back against this trend like your favorite protagonist facing a multi-level boss.

When Will Altcoins finally Rise?

Analysts are peering over their crystal balls and closely watching something called “Bitcoin dominance.” It bounced off the 50-week EMA like a bad basketball pass-similar to its 2021 refusal to cooperate. When dominance takes a nosedive, altcoins try to rub their eyes and wonder if they dreamt of a good day.

In September 2023, I predicted a mini Altcoin Season, and everyone rolled their eyes like: “Come on, not again.”

Now I’m declaring the major #AltcoinSeason will happen in Q1 2026, and let’s see who’s rolling their eyes this time.

– @CryptoELlTES (Nov 12, 2025)

That same analyst who was a prophet for a mini altcoin season in 2023 now sees the major altcoin rollercoaster popping up in 2026-the designated quarter for financial surprises. If it all plays as predicted, XRP, HBAR, SOL, and ETH might achieve their flashiest moment after Bitcoin finally completes its epic comeback saga.

Conclusion

These ETF launches are sort of like reality TV-everyone is watching, money is changing hands faster than a card shark in Vegas, yet the altcoin smackdown you’ve been craving hasn’t quite hit its stride. It looks like the altcoin rally party has just a glimmer of patience, waiting for the signal that Bitcoin dominance is finally cracking. Once that happens, it’s time to break out the confetti! 🎉

Read More

2025-11-14 09:59