- Bitcoin’s dominance hit 65% for the first time since 2021, creating a debate among analysts about whether the altcoin season is near. Some see this level as a resistance point, indicating an imminent capital rotation into altcoins.
- This week, the top-performing altcoins include Dogecoin, Sui, and Tron. DOGE broke out from a falling wedge, and SUI moved past $4 post-token unlock despite overall market caution.
- Bitcoin Pepe (BPEP) stands out as the top crypto to buy now, with its upcoming May 31 launch. It promises Solana-grade speed on Bitcoin, meme-fueled virality, and the first-ever meme ICO on Bitcoin via the new PEP-20 token standard.
Bitcoin dominance is once again the center of attention. In early May 2025, BTC.D surged to 64.98%, its highest point in nearly three years, starting debates about the timing and shape of the next altcoin season. For many analysts, the 65% threshold is a technical resistance that, if rejected, could ignite the long-awaited altcoin rally. However, while bulls anticipate a shift towards altcoins, skeptics caution that the crypto market may not be prepared yet.
The resistance at 65% indicates potential reversals in Bitcoin’s market share dominance. It represents a level where Bitcoin looks overbought relative to altcoins, and capital often starts rotating into alternative assets. Analyst Darky accepts this view, predicting a sharp pullback in BTC dominance, and urges traders to “fill your bags with altcoins.” According to him, a true altcoin season could follow if Bitcoin dominance starts falling from this key level. It could drive BTC.D down to the long-standing support zone near 39%.
Image from TradingView
Another implication is clear. A BTC.D reversal at this level could be the green light for traders searching for the best crypto to buy. However, not everyone is ready to call it just yet.
According to the Milk Road newsletter, a true altseason is still some distance away. “Only 17% of altcoins have outperformed BTC over the last 90 days,” they argue, suggesting that dominance may have to exceed 70% before any meaningful altcoin rotation occurs. Recent market data support that perspective. Bitcoin dominance rose steadily from 64.4% to 65% in the first week of May. However, the total crypto market cap fell from $3 trillion to $2.87 trillion. This shows that capital is exiting altcoins faster than it’s leaving Bitcoin.
Indeed, many altcoins are not growing as fast as the BTC price. Nevertheless, many traders are positioning themselves for the next altcoin cycle. Several tokens have shown early signs of strength for those looking for crypto to buy now.
Only 17% of altcoins have outperformed BTC over the last 90 days
— Milk Road (@MilkRoadDaily) May 4, 2025
That’s not rotation
That’s BTC dominance holding the wheel
Until this number pushes past 70%, altseason isn’t on the table
Not yet pic.twitter.com/jqYP1tbAku
TRON (TRX)
Tron has over 302 million user accounts and more than 10 billion transactions. It continues to expand its ecosystem even as price performance remains modest. Up just 4.70% over the last week, TRX is underperforming the market. However, a recent partnership with MoonPay could lead to more price increases.
The collaboration allows US users to buy TRX directly through MoonPay, making it one of the few cryptos with expanded fiat onramps in a regulatory-complex market. Despite its lagging price action, TRON’s fundamentals remain strong. With its native token listed on over 130 exchanges and a market cap exceeding $23 billion, TRX could have a breakout once the BTC price and dominance roll over.
Dogecoin (DOGE)
If TRON represents the steady long game, Dogecoin is the wild card with technical momentum. Up by over 26% over the past seven days, DOGE has broken out of a falling wedge pattern. Indeed, this confirms a bullish trend with a potential target near $0.2561.
DOGE is also supported by strong trader sentiment. According to emerging data, over 67% of Binance traders are long, and open interest has surged to $1.81 billion. Meanwhile, the price has held firmly above its ascending trendline, which has been in place since early 2023.
The narrative around Dogecoin remains unique. It is a meme coin with a deep culture, particularly on platforms like X and Reddit. However, it is also increasingly being recognized as a legitimate payment token. If the altcoin market heats up, DOGE’s virality and strong community could give it an edge over more traditional Layer-1 competitors. For those who want volatility and potential upside, DOGE could be the best crypto to buy into any altcoin rally.
Sui (SUI)
Among Layer-1 platforms, Sui is arguably one of the most interesting tokens to watch heading into Q2. The SUI token saw a massive 100% surge in the first week of May, briefly retesting the $4 mark for the first time since February. What is exciting about this move is that it came just after a major token unlock. Token unlocks are usually a bearish event due to the increased circulating supply.
Instead, SUI did the opposite of what was expected. The supply was absorbed, demand held, and the token broke out of a bullish pennant pattern to hit multi-month highs. As of now, the price has cooled slightly to $3.95. However, key technical indicators such as a bullish MACD crossover and Supertrend support point to more price growth. This might be similar to the growth of the BTC price in recent days.
Unlike some meme coins, Sui’s price increase is based on real activity and speculation. Its design emphasizes speed and composability, which are crucial in the crypto market. SUI is one of the strongest contenders for those seeking a breakout Layer-1 token with recent confirmation of demand.
Bitcoin Pepe (BPEP): The meme coin that’s building on Bitcoin
And then there’s Bitcoin Pepe, the project that’s disrupting narratives in the crypto industry. Part meme, part infrastructure revolution, Bitcoin Pepe is set to launch the first-ever meme coin presale built entirely on Bitcoin infrastructure. Through a new layer-2 standard called PEP-20, Bitcoin Pepe is combining Solana-style UX and performance with Bitcoin’s unmatched trust and permanence.
Bitcoin Pepe isn’t just a playful homage to crypto culture. The project wants to unlock $2 trillion in dormant capital by giving BTC holders a reason to stay on-chain and participate in DeFi. In doing so, it appeals to both Bitcoin maximalists and retail degens. Its “Solana on Bitcoin” model removes the long-standing tradeoff between fast, cheap transactions and the security of the Bitcoin base layer.
Bitcoin Pepe also heavily leans toward cultural relevance. It stands out as the meme coin narrative continues to prove its staying power, especially in retail-driven markets.
The presale for BPEP is live now, and with Bitcoin Pepe set to list on May 31, the clock is ticking. Its hybrid model of meme virality, Bitcoin security, and Solana-like performance makes it excellent for those seeking the best crypto to buy before the next altcoin season erupts. Institutions and large investors are running to the part of Bitcoin Pepe’s presale after raising more than $7.9m.
At the current price of $0.0326, this is the last time you will ever see it at this level. You can be part of this rare opportunity and purchase using ETH, USDT, or USDC. The BPEP launch is SLAM-embedded, with rumors that the biggest CEXs are waiting to list this token. We shouldn’t pass up this unique opportunity.
The setup ahead: From dominance to rotation
The BTC price is increasing. With Bitcoin dominance brushing against the 65% ceiling, the crypto market is becoming ready for a shift. Whether the shift occurs this week or next month remains uncertain, but historical trends indicate we are nearing a significant turning point. Altcoins with real momentum, like Dogecoin and SUI, are already starting to pull ahead. On the other hand, foundational networks like TRON are setting up for a longer-term breakout.
However, the most intriguing opportunity may be Bitcoin Pepe, a project positioned perfectly for investors. As the market braces for the next rotation and BTC.D nears critical resistance, traders looking for crypto to buy now would be wise to pay attention to the early signals.
This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.