Altcoin Season, what is it? Definition
The altcoin season is a period in which most altcoins, that is, all crypto assets except Bitcoin, experience a significant increase in value.
Analysts see this season as a golden opportunity for investors looking to diversify their portfolios. Imagine investing in a little-known alternative to Bitcoin and watching its value skyrocket: the returns could be colossal.
Why do altcoins follow Bitcoin's course?
The season generally begins when Bitcoin's dominance in the market decreases. Otherwise, when Bitcoin stagnates or loses value, investors seek new opportunities that lead to a market capitalization boom for altcoins.
It is a crucial time for vigilance and information for investors. Consider that Bitcoin is a store of value and that altcoins have a dimension of technological innovation. $XRP