- Altcoins post triple-digit gains, but macro and retail trends suggest more upside.
- Rising retail activity and looser Fed outlook may fuel further crypto expansion.
- Q3 and Q4 historically boost crypto, with key sectors yet to peak this cycle.
Over the past month, the crypto market has staged a powerful rebound from its June lows, sparking a wave of investor enthusiasm. According to Our Crypto Talk, an analytic firm analysis, several altcoins have posted triple-digit gains, and even large-cap tokens have joined the rally. This has prompted many traders to ask whether it’s time to lock in profits.
While profit-taking remains a valid strategy, current market dynamics suggest that the broader uptrend could still have room to run. Retail interest is rising again, macro conditions are turning favorable, and key altcoin sectors have yet to hit peak momentum.
Altcoins Rally as Momentum Builds Across the Market
Since the recent bottom one month ago, several altcoins have delivered strong performances. TAOBOT climbed by 162%, trading at $0.5738, despite a 2.25% pullback in the last 24 hours.
ANYONE followed closely with a 150% surge, though it dropped by 8.96% today to $0.7251. HBAR advanced 93% and now trades at $0.2638, down 7.17% over the same period.
CPOOL gained 84% in a month, now priced at $0.169 with a 2.50% dip in the past day. ALGO added 78%, trading at $0.2865 after a 7.36% decline.
TEL posted a 73% jump but is down 8.01% today at $0.006382. KAS stands out with a 71% rise and a positive daily gain of 7.90%, trading at $0.1139.
SEI rose by 68% but has cooled off, trading at $0.3386 with a 8.05% drop today. XRP is up 67% month-over-month, now at $3.45 after a 3.32% decline. ETH rounded out the list with a 63% gain, currently priced at $3,667.45, down 3.34% in 24 hours.
Retail Returns, While Macro Shifts Add Fuel to the Rally
Besides the price movements, several key indicators point toward growing market strength. Google Trends has shown a sharp rise in crypto-related searches, signaling renewed retail interest. Additionally, new wallet creation is climbing, and liquidity across exchanges is improving.
Significantly, macroeconomic winds are turning in favor of risk assets. The upcoming US elections may lead to a shift in Fed policy, particularly around interest rates. A Trump-favored candidate could push for rate cuts, introducing looser financial conditions that typically benefit crypto assets.
Smart Profit-Taking Matters, But the Cycle May Not Be Done
While taking profits after massive gains is logical, it’s essential to consider the market’s position in the cycle. Historically, Q3 and Q4 have delivered strong returns for crypto investors. Moreover, key altcoin sectors like RWA, AI, DePIN, and Layer 1s remain far below their euphoric highs.