‘Early Signals’ of Altcoin Season as OG Tokens Pump Following XRP, BTC All-time Highs
2025-07-18 11:59:25
Main Idea
Old-school cryptocurrencies like Ethereum Classic, Litecoin, and Bitcoin Cash are experiencing significant price surges, potentially signaling the start of an altcoin season following Bitcoin's dominance decline.
Key Points
1. Ethereum Classic surged 20.3% in 24 hours, though still down 85% from its 2021 all-time high; it originated from a 2016 Ethereum hard fork after The DAO hack.
2. Litecoin reached a four-month high of $110.12, up 9% daily, designed as a Bitcoin-inspired cryptocurrency by ex-Google employee Charlie Lee.
3. Bitcoin Cash rose 6.4%, though down 86% from its 2017 peak; it resulted from a Bitcoin block size dispute and subsequent hard forks.
4. XRP set a new all-time high of $3.65 after seven years, amid its nearing resolution with the SEC, while other altcoins like Uniswap and Dogecoin also saw gains.
5. Analysts suggest a rotation into altcoins indicates growing momentum, with older coins benefiting from liquidity and investor familiarity.
Description
XRP set an all-time high on Thursday as old-school cryptocurrencies Ethereum Classic, Litecoin, and Bitcoin Cash also saw notable gains.
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