$XRP #AltcoinSeasonLoading Altcoin Season is a period when alternative cryptocurrencies (Altcoins) outperform Bitcoin, often due to increased market sentiment, rapid price increases, and their growing dominance in the cryptocurrency market.

*To determine if the Altcoin Season has begun:*

- We can look at the performance of the top altcoins compared to Bitcoin over the past 90 days.

- According to the CMC Altcoin Season Index, Altcoin Season is defined as when 75% of the top 100 coins outperform Bitcoin.

*Current market sentiment:*

- The CMC Altcoin Season Index provides instant insights into whether the market is in Altcoin Season.

- Another indicator suggests that we are currently in "Bitcoin Season" with a score of 24, indicating that Bitcoin is dominating the market.

*Key characteristics of Altcoin Season:*

- *Increased dominance of altcoins*: Altcoins are gaining significance in the cryptocurrency market.

- *Rapid price increases*: Altcoins experience significant price surges, often surpassing Bitcoin's growth.

- *Fear of missing out (FOMO)*: Market sentiment is usually bullish, driven by optimism about potential returns.

$BNB