2024

Drops

Epic

Chainlink

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The former head of the world's largest crypto exchange Binance,<a href="https://x.com/cz_binance/status/1863846884529377485" rel="noopener noreferrer nofollow">Changpeng Zhao</a>, also known as CZ, has shaken the crypto space with an interesting post today. CZ, in his address to the public, attached a photo of a keyboard with the Alt key in focus. Zhao accompanied his post with a caption asking the question, “which key is available on Windows and Linux, but not on Mac?”
The answer seems obvious from these two variables, but let's just state it clearly: Alt. It seems that the only motivation for the former Binance boss to publish something like this is to hint at the season of alternative cryptocurrencies.
<blockquote class="twitter-tweet">
 Which key is available on Windows and Linux, but not on Mac? <a href="https://t.co/z4wfZbPbbD" rel="noopener noreferrer nofollow">pic.twitter.com/z4wfZbPbbD</a>— CZ 🔶 BNB (@cz_binance) <a href="https://twitter.com/cz_binance/status/1863846884529377485?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 3, 2024</a>
</blockquote>
After the price of<a href="https://u.today/ancient-bitcoin-wallet-revives-with-staggering-10817-profit-details" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> added over 125% since the beginning of the year, the altcoin market has only added 93%, and that is considering that they should be growing at a more explosive rate. Moreover, the price of Bitcoin has already set two new all-time highs for the year and is approaching the coveted $100,000 mark. <img src="https://u.today/sites/default/files/inline-images/BTCUSDT_2024-12-03_15-10-39.png" data-entity-uuid="e2c7ff2c-350c-4772-b300-013787f2ffb8" data-entity-type="file" alt="&quot;&quot;" data-caption="Source: <a href=&quot;https://www.tradingview.com/x/s1dsEm14/&quot;>TradingView</a>">
At the same time, alternative cryptocurrencies are literally hundreds of percent away from their all-time highs and are just starting to recover this gap with BTC, with <a href="https://u.today/centralized-or-unique-ripple-cto-defends-xrp-design-amid-criticism" rel="noopener noreferrer nofollow">XRP</a>, Cardano (ADA) and Chainlink as the most evident examples.
If we pay attention to the TOTAL2 index, which displays the market capitalization of alternative<a href="https://u.today/top-crypto-influencers-ask-elon-musk-not-to-shut-down-doge-in-2026" rel="noopener noreferrer nofollow">cryptocurrencies</a>, its all-time high was set at $1.71 trillion in 2021, and at the moment the index value is $1.5 trillion. In other words, altcoins have not once updated the all-time high in this cycle but have not even come close to it.
It is possible that CZ's post will be the trigger or marker for the start of a finally full-fledged altcoin punch-up, but it would not be surprising if the market once again outplays everyone and does things in its own way. <a href="https://u.today/ex-binance-ceo-cz-drops-epic-altcoin-season-hint" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Ex-Binance CEO CZ Drops Epic Altcoin Season Hint

U_Today

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