Why Are ALTs Pumping Hard: A Quick Market Overview $UNI $XLM $HBAR $WLD

The truth is, this ongoing bullish momentum the market is seeing has been suppressed for a long time, and the June 7 crash made it worse. However, that crash was a blessing; it offered investors the perfect entry price on promising altcoins and Bitcoin itself.

Also, most of these coins pumping are backed by narratives; $WLD and $NEAR are backed by the "Al Coins" narrative; $ZEC and $XMR are pumping because of the "Privacy Coin" narrative; $HYPE, $UNI, and $XLM, are pumping because of fundamental catalysts and blockchain expansions; $FIL and $ENA are way underpriced and institutional investors are starting to fill in.

ALTs are getting massive volumes because they

are mostly oversold and underpriced, and so

investors are weighing in on these "discounted

prices." It is important to note that these coins

have not even reached their last month's, so

there's still more green candles to see.

CMC's ALT season indications have started showing that the market is nearing a potential ALT season run, but BTC dominance remains a big hindrance as it is still stuck at 58%. What ALTs are you buying?#World Cup hydration break controversy #ZKsync institutional adoption #Fed holds interest rates