The analysis suggests that the recent price increase of XRP may only be the beginning of a larger rally. The decline in Bitcoin dominance could trigger a shift of capital from Bitcoin to altcoins like XRP. In previous market cycles, substantial declines in Bitcoin dominance have resulted in significant price surges for XRP, while currently, Bitcoin dominance has only dropped by about 5%. However, despite this, XRP has increased by nearly 500% since November. The present gains in XRP may be attributed to new capital entering the market rather than a shift from Bitcoin. The gradual decline of Bitcoin dominance has led to optimism about the arrival of altcoin season, where altcoins outperform Bitcoin and see increased capital inflows. Prominent analysts believe that the current market phase is the beginning of a new crypto bull cycle, presenting significant potential returns for altcoins like XRP.



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