According to Cointelegraph, a crypto trader has refuted the claim that the Altcoin season has ended, arguing that it has yet to begin, and many tokens are still at price lows. Michaël van de Poppe, founder of MN Trading Capital, stated that the next 12-24 months will be the last simple period.
Solana has risen 17.84% in the past 30 days, but is still down 32% since January 19th. XRP is up 1.98%, but is still down 29.35% since January 19th.
Other analysts share a similar view, believing that the Altcoin season is about to arrive. The ETH/BTC ratio has risen 26.74% in the past 30 days. However, the Altcoin season index from CoinMarketCap shows that the market still favors Bitcoin, with a score of 24/100.
