Is Altcoin Season Here? HYPE, WLD Soar: Next Coins to Explode

Altcoins across the board are soaring today – have we entered altcoin season, or must we wait a little longer?

Hyperliquid and Worldcoin are on fire, and several other projects look like they could be the next coins to explode. Let’s dig in.

Hyperliquid, Worldcoin Explode as BTC.d Falls

Altcoin season chatter is strengthening as some cryptos begin to display clear strength against Bitcoin.

Hyperliquid’s price has increased 17% today, 33% this week, and 88% this month, reaching $35.

Worldcoin is also on fire with a 27% gain today, 33% this week, and 81% this month.

Meanwhile, Bitcoin is up 19% this month.

Clearly, strong altcoins are in a much better position for gains than Bitcoin right now, but does that mean we’ve officially entered an altcoin season? Not necessarily. Bitcoin dominance remains in an uptrend, at least for now.

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That said, the chart below shows that Bitcoin dominance has started to break down, reflecting that altcoins are gaining market share. However, for altcoin season to truly begin, we must see Bitcoin’s dominance break its high-time frame bullish structure, meaning it should fall below 61% and create a lower low. 

If this happens, altcoin season is confirmed.

Analyst Random Crypto Pal notes that Bitcoin dominance is crashing and suggests that the altcoin season is “imminent.” 

#BITCOIN DOMINANCE IS CHRASHING HARD

ALTCOIN SEASON IS IMMINENT! 🚀 pic.twitter.com/8biuKOi80U

— Random Crypto Pal (@RandomCryptoPal) May 22, 2025

Meanwhile, commentator Bluntz suggests we may already be in the early innings of an altcoin season.

Best Altcoins to Buy Now 

Smart traders understand that altcoin seasons provide investors with the biggest gains, so they intend to capitalize wholly. This means buying altcoins with the strongest growth potential. With that in mind, here are our top picks of the next cryptos to explode.

Best Wallet Token

Best Wallet Token is a one-stop shop for all your crypto needs. It’s a self-custody crypto wallet that brings unrivalled security, interoperability, and usability to market.

It uses advanced fraud protection, multi-factor authentication, and Google and Apple account signups to ensure that users’ funds are safe.

It’s also seriously easy to use. The Best Wallet app supports over 60 blockchains, including Bitcoin, Ethereum, and Solana. It comes packed with features like a cross-chain DEX, a crypto debit card, and even a token launchpad.

It’s not just for storing crypto. It’s for unlocking the full potential of blockchain technology.

Best Wallet Token is undergoing a presale and has raised $12.5 million so far. 

With such a strong use case and early stage, it’s easy to see why $BEST could explode in altcoin season.

MIND of Pepe

MIND of Pepe is a Pepe-themed AI agent on Ethereum. It’ll scan on-chain and social media data to identify trading opportunities and gaps in the market. 

It’ll consolidate the trading opportunities into actionable insights and share these with $MIND holders. It’ll also create its own crypto projects to fill the market gaps.

$MIND holders will get insider access to the token launches, which will provide them with the best possible prices.

The $MIND of Pepe Terminal is nearly upon us. 👁

What can you expect?

◎ Access to the latest signals
◎ Quick access to token purchasing page
◎ In-depth technical analysis
◎ Risk/reward ratio insights
◎ Real-time chart displays

Welcome to the future. Welcome to $MIND.… pic.twitter.com/IsnQWTa0vu

— MIND of Pepe (@MINDofPepe) May 22, 2025

What’s interesting about MIND of Pepe is that it’s a single autonomous AI algorithm, not a team of traders and developers. It’s a glimpse into what the future of financial transacting could be: autonomous AI agents operating 24/7 on behalf of humans.

The project is also undergoing a presale and has raised $10 million so far.

With a use case at the forefront of agentic innovation, $MIND looks primed to surge after it hits the open market.

Jupiter

Hyperliquid has soared because a trader placed a huge $25 million bet with 40x leverage on Bitcoin’s price going up. It was the biggest trade to ever take place on the app, and it generated a lot of media attention.

This leads us to Jupiter. Like Hyperliquid, Jupiter is a decentralized exchange with perpetual futures trading capabilities. Jupiter’s bread and butter is token swaps, not perp trading. However, users can trade Bitcoin, Ethereum, and Solana futures on the platform.

While Jupiter’s perp features may not be as advanced as Hyperliquid’s, its competitive advantage is that it is built on the Solana blockchain. Solana boasts 82 million monthly users, making it the most active network. And Jupiter is one of its most popular apps.

As altcoin season heats up, activity on Solana will surge even higher, and this will benefit the Jupiter price.

It’s also worth noting that $JUP is the third-best-performing top 100 crypto today, only behind Hyperliquid and Worldcoin.

Dogwifhat

Dogwifhat is another of the best-performing cryptos today with a 17% gain. It’s a Solana-based meme coin, and it was one of the earliest runners within the Solana meme coin season, peaking at a $4 billion market cap in April 2024

At the time, and for a while after, Dogwifhat was the largest meme coin on the network, but was overtaken by Bonk, and then later Trump and Fartcoin,

However, $WIF is returning to its winning ways, massively outpacing all three of these this month.

Currently, $WIF has a $1.3 billion market cap and is up 145% this month, while $BONK has a $1.9 billion market cap and is up 50%. $TRUMP is also up 50%, and Fartcoin is up 40%.

Judging by Dogwifhat’s strength here, there is every chance it will continue to outperform and potentially even become the top Solana meme coin in the weeks ahead.