In the wild world of meme tokens, few things get the community buzzing like a massive price surge that harkens back to crypto's glory days. A recent tweet from @Altcoinist_com has sparked nostalgia among seasoned traders, drawing parallels between $TIBBIR's recent performance and the explosive altseason of 2017. If you're new to this, altseason refers to a period when alternative cryptocurrencies (altcoins) outperform Bitcoin, often leading to wild gains across the board.

The tweet highlights $TIBBIR's jaw-dropping candle – a single price bar on the chart showing a whopping 106% increase following a simple website update. For context, $TIBBIR, also known as Ribbita by Virtuals, is a frog-themed meme token built on the Base blockchain. It's tied to the Virtuals Protocol, a platform focused on AI agents that create services and handle on-chain transactions autonomously. Think of it as a blend of meme culture and cutting-edge AI tech in crypto.

This kind of move hasn't been seen much since the 2017 ICO (Initial Coin Offering) boom, where projects raised funds by issuing new tokens, often leading to hype-driven pumps. Back then, tokens like Ethereum and others skyrocketed as investors poured in during the bull run. The poster points out an interesting overlap with insights from @CredibleCrypto, a popular analyst who uses Elliott Wave theory – a technical analysis method that predicts market cycles based on crowd psychology – to forecast trends. According to him, the last real altseason followed Bitcoin's peak in 2017, and his models suggest we're due for another one soon.

Why the Hype Around $TIBBIR?

$TIBBIR isn't just another meme coin riding on frog emojis (though the 🐸 community is strong). Launched stealthily, it aims to boost efficiency and security in crypto and AI sectors. Its recent surge pushed the price to around $0.33, with trading volumes spiking to millions. Paired against $VIRTUAL (the native token of Virtuals Protocol), the chart shows a clear breakout, as seen in the embedded image above.

Community reactions in the thread echo this excitement. Replies range from veterans reminiscing about past pumps in tokens like Neo and OmiseGO to bullish calls predicting $TIBBIR could hit $0.50 or more. One user even compared it to this cycle's $SHIB, the famous dog-themed token that made millionaires in 2021.

Is Altseason Really Coming Back?

If CredibleCrypto's Elliott Wave predictions hold, we might be on the cusp of a Bitcoin "blow-off top" – a final parabolic rise before a correction – followed by altcoins taking the spotlight. For meme token enthusiasts, this could mean opportunities in projects like $TIBBIR that combine fun narratives with real utility, such as AI-driven agents.

Of course, crypto is volatile, and past performance isn't a guarantee. Always do your own research (DYOR) before diving in. But if the 2017 vibes are any indication, keeping an eye on $TIBBIR and similar meme coins could pay off big.

For the full thread and more discussions, check out the original tweet. What's your take – ready for altseason 2.0?