{"id":5479,"date":"2025-05-02T18:15:00","date_gmt":"2025-05-02T17:15:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=5479"},"modified":"2025-05-02T18:07:32","modified_gmt":"2025-05-02T17:07:32","slug":"altcoins-doge-jasmy-link-pi-surge-crypto","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/altcoins-doge-jasmy-link-pi-surge-crypto\/","title":{"rendered":"Altcoins Explode : DOGE, JASMY, LINK & PI Lead Today\u2019s Crypto Rally"},"content":{"rendered":"\n

A Strong Comeback Driven by Bitcoin<\/h2>\n\n\n\n

As the crypto market surpasses the symbolic mark of $3 trillion in market capitalization<\/strong>, investors are witnessing a dramatic surge <\/strong>in several altcoins<\/strong>. Jasmy (JASMY)<\/strong>, Chainlink (LINK)<\/strong>, Dogecoin <\/a>(DOGE)<\/strong>, and Pi Network (PI)<\/strong> are all delivering notable performances early this month. This trend is driven by the rebound of Bitcoin <\/a>(BTC)<\/strong>, which crossed the psychological threshold of $97,000<\/strong> for the first time since February. Historically, a bullish BTC momentum acts as a catalyst for all altcoins, a phenomenon widely known as “altseason.”<\/p>\n\n\n

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\"Bitcoin
Source: CoinMarketCap<\/figcaption><\/figure>\n<\/div>\n\n\n

Analysts are highly optimistic <\/strong>about Bitcoin’s outlook. Ark Invest<\/em> predicts that the price could reach $2.4 million by 2030. The UK bank Standard Chartered<\/em> forecasts a BTC price of $120,000<\/strong> by the end of the year. Joe Burnett, an analyst at Unchained Capital<\/em>, even considers a push towards $250,000: “If Bitcoin breaks a new all-time high, we could enter an intensified parabolic trend. All signals are green: narratives are aligned, the macro context is favorable.”<\/em><\/p>\n\n\n\n

Impressive Performances for Altcoins<\/h2>\n\n\n\n

Here are the weekly performances of the mentioned altcoins:<\/p>\n\n\n

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\"Altcoins
Source: CoinMarketCap<\/figcaption><\/figure>\n<\/div>\n\n\n

This consistent rise aligns with the overall resurgence of risk appetite in highly volatile and community-driven<\/strong> cryptocurrencies<\/a>.<\/p>\n\n\n\n

The surge in altcoins is also fueled by the rebound in the US stock markets. Dow Jones, S&P 500,<\/strong> Nasdaq 100<\/strong>… all ended the week in the green, with gains exceeding 1%. This uptrend follows Donald Trump’s announcement of tariff reductions<\/strong> as part of his economic stimulus policy.<\/p>\n\n\n\n

Furthermore, speculations about an imminent cut in interest rates by the Federal Reserve<\/strong> (Fed) are growing, with the chances of a 25 basis point hike in June now at 47%<\/strong> on the Polymarket<\/strong> platform. Such a move is traditionally seen as positive for risk assets, including most altcoins.<\/p>\n\n\n\n

The Key Role of Accommodative Monetary Policy<\/h2>\n\n\n\n

The link between the accommodative policies of the ECB or the Fed and crypto<\/a> expansion phases is well established. During the 2021 rally, driven by post-COVID stimulus measures, the crypto market cap exceeded $2.5 trillion<\/strong>. Presently, similar patterns emerge, with massive flows directed towards altcoins.<\/p>\n\n\n\n

Notably, tokens with strong community engagement like Dogecoin or Pi Network<\/a>, or innovative<\/strong> technological<\/strong> offerings like Jasmy in data tokenization, or Chainlink in decentralized oracles, are re-attracting buyers.<\/p>\n\n\n\n

While Bitcoin’s dominance remains relatively stable around 52%<\/strong>, signals point to a gradual capital rotation towards altcoins with strong value propositions. This trend could accelerate once Bitcoin reaches new all-time highs<\/strong>, triggering a phase of widespread euphoria in the crypto markets.<\/p>\n\n\n\n

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Buy altcoins on Bitget !<\/strong><\/a><\/div>\n<\/div>\n\n\n\n

More on this topic :<\/strong><\/p>\n\n\n\n