According to Cointelegraph, a crypto trader has countered the claim that the Altcoin season has ended, arguing that it has not yet begun and many tokens are still at price lows. MN Trading Capital founder Michaël van de Poppe stated that the next 12-24 months will be the last simple period.
Solana has risen by 17.84% in the past 30 days, but is still down 32% since January 19. XRP has increased by 1.98%, but is still down 29.35% since January 19.
Other analysts share a similar view, believing that the Altcoin season is about to arrive. The ETH/BTC ratio has risen by 26.74% in the past 30 days. However, CoinMarketCap's Altcoin season index shows that the market still favors Bitcoin, scoring 24/100.
