The season #altcoins in July has not yet arrived. Moreover, analysts talk about the so-called August curse of Bitcoin. But it could play in favor of altcoins.
The altseason may begin in a few weeks, most likely in September. This is the time period when tokens, other than $BTC , start to significantly increase in price. A commonly accepted definition of the altcoin season is a situation where at least 75% of the top 50 altcoins by market capitalization outperform #BTC based on the results of the previous 90 days.
Analysts are hesitant to say exactly which tokens will be the pioneers of the future altseason. However, there is a pattern observed in previous market cycles, where top coins initially performed better, followed by assets with smaller capitalizations.
For example, traditional leaders have already shown growth: $ETH (+37.9%), XRP (+49%). Solana (SOL) +1.67%, Cardano (ADA) +8.96% and Dogecoin ($DOGE ) -27.5% showed the worst results.
