Take a look at the performance of altcoins over the weekend. Many people say that altcoins have a sign of revival; let’s do a simple comparison.

According to my personal data records:

On August 3rd, Sunday, the market value of altcoins was 799.524 billion.

On August 10th, Sunday, the market value of altcoins was 887.267 billion.

On August 17th, Sunday, the market value of altcoins was 912.481 billion.

Overall, the increase over the three weekends shows that the second weekend had an increase of 10.97%, and the third weekend had an increase of 2.84%.

Moreover, August 3rd was also a turning point for breaking new highs. Overall, altcoins have shown some increase, but the rate of increase has not been continuously rising. In the first week after #Bitcoin started its rise, the increase in altcoins was the most significant, while the increase in the second week weakened.

Currently, it seems that the overall performance of altcoins is still lacking. At least compared to the rise of BTC and ETH, it still falls short. Therefore, we still cannot distinguish whether the current altcoins are being forced to rise or if there are really some movements.