#AltcoinSeasonLoading The increase of altcoins by 30% to 50% does not signify the beginning of the altcoin season. But after every rise in the value of Bitcoin, whales start to flee to altcoins. Then, they pull the rug out from under their feet to realize multiple profits compared to what they could get from the major cryptocurrencies, as their market capitalization is significant and therefore cannot have a significant impact on the price, unlike small-cap cryptocurrencies.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.