#AltcoinSeasonLoading What is the Altcoin season?
The Altseason or Altcoin season is a period in which alternative coins perform better than Bitcoin. During an Altseason, Bitcoin's dominance (its market share) decreases, while Altcoins, especially the major ones, increase in value.
Bitcoin's dominance refers to the proportion of Bitcoin in the total cryptocurrency market. For example, if Bitcoin's dominance is 42%, that means 58% of the total value of the cryptocurrency market corresponds to Altcoins.
The term "Altseason" was originally coined to help explain the ups and downs of the cryptocurrency market.
How long does Altseason last?
Given the great unpredictability of the cryptocurrency market, no one can perfectly time an Altseason, not even the most experienced experts. It is also impossible to accurately predict how long an Altseason will last.
How often does the Altcoin season occur?
Throughout the year, there are periods when Altcoins rise more than Bitcoin. But unless these periods last at least a few months and show significant price increases, we cannot speak of an Altseason. When Altcoins perform "notably" for only a few weeks, we generally refer to it as an Altcoin rally.
How is an Altseason recognized?
As described earlier, several patterns in the cryptocurrency market may indicate a possible Altseason. The following three signs may imply the start of an Altseason:
A strong increase in the prices of major Altcoins, especially Ether (ETH), Ripple (XRP), and Binance Coin (BNB).
The emergence of new trends such as the metaverse or new Web3 developments can trigger a wave of new investments and new coins, which in turn could trigger an Altseason.
A decrease in Bitcoin's dominance. If money flows out of Bitcoin, it makes sense for that money to go into other coins.
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