Metacade, Avalanche lead monthly crypto gains as alt season looms

December 02, 2023 02:13 AM PST | By Invezz

Metacade, Avalanche lead monthly crypto gains as alt season looms — Image source: Invezz

Altcoins outshine Bitcoin

Meanwhile, the bellwether crypto BTC saw a 10% uptick in November, swaying between the value area of $34K – $38K. Multiple breakout attempts supported Bitcoin to exit the range on 30 November to explore new yearly peaks at $38.8K.

Also, Ethereum jumped 13% during the November session to consolidate above $2,000.

Investors likely switched to other alternative tokens as market leaders displayed slowed momentum. Crypto analysts believe we are entering the altcoin season, a period where smaller digital coins outshine Bitcoin.

Captain Faibik stated that alts are preparing for a bull run, and December will see altcoins painting green price charts.

#Altcoins also seem to be gearing up for another Bullish Rally.

Similar to October and November, December is Expected to be a Bullish Month.#Crypto #Altcoin pic.twitter.com/7yA8gH2SJL
— Captain Faibik (@CryptoFaibik) December 1, 2023

Metacade and Avalanche will likely remain elevated through the year’s end. Invezz.com highlighted AVAX as among the tokens that could explode in December.

Meanwhile, AI-related deals position MCADE for massive rallies upon broad-based market surges.

You can find more information about Metacade on their website.

The post Metacade, Avalanche lead monthly crypto gains as alt season looms appeared first on Invezz

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