🚨 **Fake-Token Season Is Heating Up** 🚨



📈 **Bitcoin dominance (BTC.D)** just surged above **61.3%**, its highest level since Nov 2025.
Normally, this means capital is crowding into Bitcoin while altcoins struggle.

BUT 👀 at the same time:

🔄 The share of **CEX altcoin trading volume** exploded from **31% → 49%** since March — almost equal to the combined volume of BTC + ETH.

So what’s happening? 🤔

This isn’t a contradiction. It’s a signal.

💡 Smart money is still anchored in Bitcoin for safety and dominance, while speculative capital is quietly rotating into smaller sectors and “fake-token” narratives.

We are witnessing:

✅ Strong BTC leadership
✅ Early-stage altcoin liquidity expansion
✅ Rising speculative appetite on exchanges
✅ Broader market participation beginning again

Translation? 👇

The market is moving from a **highly concentrated phase** into the **early expansion phase** — where meme coins, low caps, AI narratives, and counterfeit hype tokens start attracting attention before a full altseason.

Historically, this is the stage where:
🔹 BTC leads
🔹 ETH follows
🔹 Then liquidity spills into riskier plays

The fake-token season may just be getting started. ⚠️

#Bitcoin #BTC #Crypto #GateSquareMayTradingShare #harrycrypto
BTC-0.2%
ETH-0.93%
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