Minor cryptocurrencies are outperforming Bitcoin and are about to reach record highs.

Smaller cryptocurrencies are starting to pull ahead of recent record-breaking Bitcoin, with traders betting that the smaller tokens are next to test all-time highs.

An index tracking the smaller half of the 100 largest digital assets has risen about 60% over the past month, outpacing the advance of Bitcoin, which has risen by about 56%. During the same period, the total value of digital currencies jumped by more than $800 billion, according to data tracking website CoinGecko.

Market observers confirm that there are increasing signs that speculators are turning away from large digital assets to smaller competitors that have lagged behind the Bitcoin-led cryptocurrency recovery that began last year.

“Our desk has seen strong inflows and more excitement into digital assets other than Bitcoin recently,” said David Lawant, head of research at major cryptocurrency brokerage FalconX. He said that at one point five times the investment was flowing into Bitcoin compared to second-place Ethereum, but that has fallen by a factor of two.