Altcoin Market Shows Signs of Life, Analysts Predict 20-40% Rally

The crypto market has started the week on a bullish note, with altcoins showing early signs of a rally. The total altcoin market cap has climbed to $1.01 trillion after weeks of sideways movement.

Several top altcoins have seen significant gains in the last 24 hours, including XRP, DOGE, and ADA, which rose between 4% and 8%. Memecoins are also performing well, with PEPE surging 20%.

Crypto analyst Michaël van de Poppe believes that a real altcoin rally may only begin if Bitcoin's dominance drops below 55%, allowing smaller tokens to gain more market share. He predicts that the total altcoin market capitalization could rise 20-40% before reaching major resistance levels.