Has the Altcoin Season Started? Here is the Latest Situation in Altcoin Season Index
1 min read
In the cryptocurrency markets, Bitcoin (BTC) continues to attract the attention of investors with its performance in the last 90 days. However, the volatility in altcoins, overshadowed by this rise, is not to be ignored. According to CoinMarketCap’s (CMC) “Altcoin Season Index,” the market is still in a Bitcoin-heavy period. With a score of 31 out of 100, we are still in “Bitcoin Season.” However, it’s noteworthy that some altcoins are significantly outperforming Bitcoin, generating substantial returns for investors. In order to call it an altcoin season, the value must rise above 75 in the index. Related News: How Much Profit Would You Make If You Regularly Bought Bitcoin Every Day Since 2022? Here’s It’s in Real Life While Bitcoin has gained 40.07% in value over the past 90 days, some altcoins have outperformed by even more than that. Below is a full list of notable altcoins that have gained more than Bitcoin: M PENGU MOG HYPE VIRTUAL SPX WIFI AAVE BONK MORPHO XLM AERO SEI ETH QNT FLOKI FORM PEPE TAO UNI SUI XMR BCH KAJA INJ ENS FET HBAR FARTCOIN WLD RAIL This list highlights the revival in the altcoin market. While the CMC Altcoin Season Index doesn’t yet indicate a true “Altcoin Season,” the performance of some projects stands out. *This is not investment advice. Continue Reading: Has the Altcoin Season Started? Here is the Latest Situation in Altcoin Season Index

Source: BitcoinSistemi