The author of the article argues that while it may seem like there isn't currently an altcoin season, there are actually many smaller coins that have been reaching all-time highs. The author analyzed the top 1,000 coins by market cap and found that out of 361 coins, 136 of them had set new price records in 2024 or 2025. Additionally, there were 124 coins that had established price records in 2021 that are still not broken today. The author suggests that while this altcoin season may not fit the typical mold, it does indicate something about the state of the market. They note that over half of the coins to break price records in the past year and this year were memecoins or coins tied to AI agents. The author concludes that altcoin season may already be here, but it is difficult to take advantage of it due to the fast-paced nature of the smaller coin market.



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