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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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A Positive Signal for Altcoins from Tron: $20 Billion Record Broken! - Coin Bulletin
Tron reached an all-time high with a market cap exceeding 20 billion dollars.
Tron (TRX), with a market capitalization exceeding 20 billion dollars, achieved a significant success and signaled optimism for altcoins towards the year 2025.
TRX's new peak came after Tron founder Justin Sun's announcement that he invested $30 million in World Liberty Financial (WLFI) tokens by investing in Donald Trump's crypto project. Sun's statement was an important factor that influenced the rise of the token.
Some analysts pointed out that TRX's new peak is a signal of the start of altcoin season and may lead to a rise in small cryptocurrencies in December.
An increasing number of analysts predict that the altcoin season will begin towards 2025, and this could cause Ethereum to rise up to $4,000.
Meanwhile, Bitcoin (BTC) dominance dropped below the support level of the past two years on November 30, pointing to the start of the altcoin season. This decline in Bitcoin's dominance indicates that investors are taking profits from Bitcoin positions and directing these funds to altcoins.
Looking at historical data, it can be seen that the altcoin rally started in December. Mikybull Crypto emphasized in a post dated December 3rd that the decrease in the ratio of altcoins to Bitcoin's market capitalization prepared the ground for this rally.