Changpeng Zhao (CZ), the founder and former CEO of Binance, the world's largest cryptocurrency exchange, made a meaningful post.
CZ, whose posts are closely followed by investors, shared a picture from his X account, hinting that the altcoin season is approaching.
CZ shared an image of the “alt” symbol on his computer keyboard, which investors interpreted as a signal that the altcoin season was either beginning or approaching.
CZ shared a photo of the Alt key and asked his followers, “What key is available on Windows and Linux, but not on Mac?”
After this post by CZ, there was an increase in the price of the altcoin called AltLayer (ALT).
The ALT price rose by over 10% in a short time, reaching levels as high as $0.18.
*This is not investment advice.