Explained: Alt season and tips to spot it on time
altcoin season Alt Season is the part of the overarching cryptocurrency market cycle where many altcoins “moon” against the dollar and Bitcoin If 75% of the Top 50 coins performed better than Bitcoin over the last season it is Altcoin Season Excluded from the Top 50 are Stablecoins
Altcoin market cap nears $640 billion with memecoins in spotlight The value of all crypto assets excluding Bitcoin and Ethereum The onset of altcoin season often follows a decrease in Bitcoin dominance With most altcoins linked to Ethereum, the rising interest and price
As of now, the Altcoin Season Index on stands at 35 For the index to indicate an 'altcoin season,' 75% of the top 50 coins The altcoin season traditionally begins with a sharp rise in the price of Bitcoin , followed by Ethereum and then large-cap