#SHIB #DOGE
Some cryptocurrency analysis platforms offer specialized indices designed to track and measure the performance of altcoins relative to Bitcoin.
The Altcoin Season Index aggregates data on the top 50 altcoins and analyzes their price movements to determine if altcoin season is underway. Investors can use these indices as tools to measure the overall health and momentum of the altcoin market, helping them make informed investment decisions.
Typically, when the altcoin index reaches 75% and above, it signals that altcoin season has begun. Currently, the proportion is 69%.
