The altcoin season is a period when altcoins rise in price faster than Bitcoin.
Yes, a tenfold increase during the altcoin season is possible.
* **High Volatility:** Altcoins can grow very quickly.
* **Risks:** The risks of falling are also high.
If Bitcoin has doubled, how much should altcoins rise or by how many times?
- Bitcoin: Can set the trend.
Altcoins: Can rise more or less, or not rise at all.
It all depends on the specific altcoin and the market.
How can we tell that the altcoin season has already begun?
- Here are the signs of the altcoin season:
* **Growth of Altcoins:** Many altcoins are rising.
* **Bitcoin:** May slightly fall or rise.
* **Market Capitalization of Altcoins:** Grows faster than Bitcoin.
According to established criteria, if 75% of cryptocurrencies from the top 50 by market capitalization show growth over a 90-day period, outpacing Bitcoin, it can be considered an altseason.