So all this mooning that has been ongoing for months what will you call it if not altcoin season. We have experienced this season always but where I think the confusion is coming on is of we have reached the peak of the altcoins season since outrageous things are beginning to happen just like the ico craze phrase.

Already coins are doing impressive numbers in regards to return of investment as new projects are getting supports in millions from retail investors who has emotions written all over them. When the profit stop coming obviously you'll see their reaction as coins will get dumped simultaneously.

This corrections could be deadly for altcoins especially the low market cap coins that has less support from the investors while those with large market cap might try to keep up with the progress of bitcoin.