In fact, major rallies for BTC often lead to significant gains in altcoin markets as well. Experienced crypto traders refer to these movements as "altcoin season."
This year, six altcoins have exhibited growth ranging from 1249% to an astonishing 1.84 million percent.
Fartcoin
A quiet yet explosive rally for Fartcoin has taken the cryptocurrency markets by storm this year. This meme coin is quite new, having started its rapid ascent shortly after its launch in mid-October.
Trump's reelection boosted most cryptocurrency markets, but Fartcoin soared by 300% in just a few days, from November 5 to November 18. Then, in December, Fartcoin made another leap, surpassing the $1 mark by December 19.
Currently, Fartcoin is poised to rise to $2 per token. According to CoinMarketCap, since its debut, the price of Fartcoin has increased by 1,847,357%.
Mantra (OM)
The cryptocurrency Mantra (OM) is the currency that powers a first-layer blockchain focused on security and optimized for the tokenization of real-world assets (RWA). The platform is built from the ground up to meet regulatory requirements for accounting for real assets and ensure compliance.