#AltcoinSeasonLoading AltcoinSeasonLoading refers to the altcoin season, a period during which these alternative cryptocurrencies to Bitcoin experience a significant increase in their value and performance, often surpassing Bitcoin itself.
*What is Altseason?*
Altseason is a term used in the cryptocurrency market to describe a period when altcoins show more aggressive growth than Bitcoin. This is due to a decrease in Bitcoin's dominance and an increase in investment in altcoins, which are usually more volatile and offer higher returns.
*Indicators of Altseason*
Some key indicators to identify altseason include ¹:
- *Decrease in Bitcoin's dominance*: When Bitcoin's dominance falls below 50%, it may be a sign that investors are moving capital towards altcoins.
- *Altcoin Season Index*: If more than 75% of the top 100 altcoins outperform Bitcoin in performance over the last 90 days, it is considered altseason.
- *Increase in trading volume*: An increase in trading volume of altcoins compared to Bitcoin may indicate growing interest in these coins.
*Which cryptocurrencies rise in price during altseason?*
During altseason, the cryptocurrencies that usually rise in price include ¹:
- *Large-cap altcoins*: Ethereum (ETH), Ripple (XRP), Cardano (ADA), and Solana (SOL).
- *Mid and low-cap projects*: Projects tied to popular narratives such as DeFi, NFTs, and blockchain games.
- *Memecoins*: Dogecoin (DOGE) and Shiba Inu (SHIB) can surge due to speculation.
Altseason can last from weeks to months, depending on market conditions. It is important to have a well-thought-out strategy and manage risk, as altseason involves high volatility and considerable risks.