Altseason coming? See why some altcoins are moving strongly!

Take a look at this chart of the total cryptocurrency market capitalization over the last 12 months: altcoins have been driving the market up! While Bitcoin remains stable, the growth of altcoins shows that a mini altseason may be starting.

1. Total market capitalization rising – growth of ~3.4 trillion in May.

2. Bitcoin secure, altcoins gaining – capital flow points to tokens with potential to break resistances .

3. Altseason index rising – moving from 30 to almost 50, signaling that it may be beginning.

Even though it seems like a good time, altcoins are volatile. BTC dominance is still above 58% — it needs to drop further for a solid “altseason.”

Altcoins rising, but beware of the risk. Which of these movements caught your attention the most?

• Are you eyeing any specific altcoin? Which one and why?

• Do you think this is just a “warm-up” or are we really starting an altseason?

#Cripto #BinanceSquare #altcoins #bitcoin #blockchain #Cryptocurrencies