$XRP

Altcoin Season, what is it? Definition

The altcoin season is a period in which most altcoins, that is, all crypto assets except Bitcoin, experience a significant increase in value.

Analysts see this season as a golden opportunity for investors looking to diversify their portfolios. Imagine investing in a little-known alternative to Bitcoin and watching its value soar: the returns could be colossal.

Why do altcoins follow Bitcoin's trend?

The season generally begins when Bitcoin's market dominance decreases. Otherwise, when Bitcoin stagnates or loses value, investors search for new opportunities that lead to a market capitalization house of altcoins.

It's a crucial moment for vigilance and information for investors. Let's consider that Bitcoin is a store of value and that altcoins have a dimension of technological innovation.