#AltcoinSeasonLoading
When starts altcoin season?
According to this index, an official altcoin season begins when 75% of the top 50 coins outperform Bitcoin over the last 90 days. Although it hasn't reached the 75 threshold yet, the recent spike to 35 is significant.
What triggers altcoin season?
Altcoin Season is driven by a shift in capital and sentiment. It usually kicks off after Bitcoin has run up significantly.
How to spot altcoin season?
Key signs Altcoin Season has arrived
Altcoins often post dramatic gains in a short span. During early 2021, large-cap altcoins generated 174% average returns, far exceeding Bitcoin's modest 2% growth in the same timeframe. High 24-hour trading volumes and strong bullish sentiment usually accompany Altcoin Seasons
What counts as an altcoin?
The term altcoin refers to all cryptocurrencies other than Bitcoin (and, for some people, Ethereum). There are tens of thousands of altcoins on the market. Altcoins come in several types based on what they were designed for.
How to analyse altcoin?
Pull the market metrics
Specifically, check a cryptocurrency's market capitalization, trading volume, and supply. Judging a cryptocurrency by market cap alone isn't recommended, but cryptocurrencies with a high market cap ($1 billion+) may be considered less risky due to their value potential.
What are the promising Altcoins for investment?
Ethereum (ETH)
The network's ongoing upgrades and its dominance in DeFi, NFTs, and decentralized applications (dApps) make it an attractive alternative. With the potential for layer-2 scaling solutions, Ethereum could see increased institutional interest.