Market participants are asking when the long-awaited altcoin season will begin. Despite Bitcoin Dominance’s drop below 58, the altcoin index is still trading below the 50 mark.
This phase in the crypto market is usually marked by capital shifting from Bitcoin to smaller tokens, but so far, the index shows no signs of a full bull market recovery in August.
Ethereum’s outperformance against Bitcoin has been the only strong indicator, while other metrics suggest a delayed altcoin season. Analysts say it is likely that mixed signals from indicators make it unclear when it will happen.
While established altcoins like Ethereum and XRP experience a correction, attention is shifting to low-cap meme coins that could ride the degen meme narrative frenzy. Two standouts of the season are: MaxiDoge and Token6900, both leading the meme pack from the front.
As the crypto market enters a correction, these outlier tokens may offer huge upside in the short term as narrative frenzy builds.
What’s Next For the Altcoins Market?
The total altcoin market (TOTAL2) has dipped from the recently achieved multi-year high of $1.69 trillion to $1.55 trillion. The decline was driven by broader market profit-taking and inflation data, which fueled caution among risk-averse investors.
Total altcoin market cap. Image Courtesy: TradingView
Ethereum was the standout in the last rally, which outperformed Bitcoin by a huge margin. Despite the last 30 days of high volatility, ETH managed to deliver 16% while Bitcoin posted a negative 6% move.
However, only ETH’s outperformance cannot lead the way to an altcoin season. While tokens like BNB and TRX show steady growth, BTC stands out with stronger liquidity and wider investor appeal, making it the top choice for most investors.
Open interest spiked@CoinMarketCap's Altcoin Season Index says alt season begins when 75% of the top 50 altcoins outperform $BTC over the last 90 days— it’s currently at 40%.
But a liquidity wave in late 3Q25/early 4Q25 could accelerate the rotation of capital from other… pic.twitter.com/UVBPzpAcvD
— Coinbase Institutional ?️ (@CoinbaseInsto) August 14, 2025
Analysts believe that a true regime shift will occur once the Altcoin Season Index pushes beyond 75, coupled with large-cap alts outperforming Bitcoin. Until then, experts are turning towards selective narratives that could provide explosive growth potential despite market weakness.
Maxi Doge Smashes Through $1.5 Million With Degen Narrative
Despite so many meme coins in the market, none have dared to challenge Dogecoin’s dominance as a top dog. But Dogecoin’s own cousin, Maxi Doge, is attempting to dethrone it with a “win at all costs” mindset, YOLOing into 1,000x trades.
Maxi Doge isn’t another ordinary dog coin. He embodies the Gen Z hustle mindset – hard work, building muscle, and living on caffeine – fitting perfectly into the degen meme coin narrative. And this has tremendously worked for it:
Maxi Doge presale has raised over $1.5 million
Strong investors appeal in early stages
Rapid growth in presale
Growing up, MAXI was ignored, but now it’s ready to hit the meme coin space with the ambitious mission to become the greatest meme coin on the planet – a dream resonating with the true meme coin era.
But that’s not all! Maxi Doge is here for community growth as it features a staking mechanism that currently offers a 217% APY, significantly exceeding that of established tokens. This allows holders to earn passive rewards over time, with up to 100x potential price returns.
Right now, each MAXI token is available at a basement price of $0.0002535 due early phase, but this won’t be the case forever. With its low market cap, attractive branding, and meme investor narrative, Maxi Doge clearly shows potential in the meme coin space.
