๐Are altcoins losing influence in the crypto market?
๐ According to Pantera Capital, altseason may begin as early as September, but altcoin enthusiasts will have to accept their decreasing role in the cycle.
โก๏ธ For example, during the 2015โ2018 cycle, altcoins accounted for 66% of the total growth in the cryptocurrency market capitalization, while in the 2018โ2021 cycle this share dropped to 55%.
โก๏ธ At present, in the current cycle, altcoins represent only 35% of the overall market growth.