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The alt season index has fallen significantly to 22 points: only 22 coins outperformed Bitcoin.

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The latest data from 【币界】 shows that the Altcoin Season Index is currently at 22 points. Looking back at September 20, this index once surged to a high of 78, while the average level last week hovered around 24.

What does this number mean? Simply put, it means that in the past 90 days, only about 22 of the top 100 cryptocurrency projects by market capitalization have outperformed Bitcoin.

To add some background: Coinmarketcap's alts season index is a real-time tracking tool specifically designed to determine whether the market is dominated by Bitcoin or if alts are having a collective celebration. The algorithm is straightforward - it looks at the performance of the top 100 alts relative to BTC over the past three months.

From 78 to 22, this pullback is quite severe.

BTC-0.44%
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HashBrowniesvip
· 11h ago
From 78 to 22, the alt season is completely doomed, this wave really has no salvation.
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GasBanditvip
· 13h ago
From 78 to 22, it seems I need to buy the dip, don't just focus on BTC.
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WinterWarmthCatvip
· 19h ago
From 78 to 22, this drop... the alt season is completely doomed. --- It's again the world of Bitcoin, other coins have no way to survive. --- Only 22 coins outperform BTC? Then why are my pile of worthless coins still hanging on? --- A direct drop from 78 to 22, this is not a pullback, this is a massacre, alright? --- In just a month, it’s a 50% slump, we retail investors are really suffering. --- The alt season index is quite accurate, it seems I have to hold on tight to Bitcoin's thigh. --- 22 coins... I bet I didn’t pick a single one. --- This data is ruthless, my contract order is probably going to get liquidated again.
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0xLuckboxvip
· 11-30 11:09
From 78 to 22, do we really have to be so heartbroken... Is this year's altseason really going to fail?
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LeverageAddictvip
· 11-30 11:02
78 fall to 22, got to buy the dip and wait for the flowers to bloom, this round is really wearing.
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OnchainArchaeologistvip
· 11-30 10:57
From 78 to 22, this fall... is really incredible. Is the alt season completely over?
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MetaverseLandlordvip
· 11-30 10:42
From 78 to 22, it has slumped 50% in less than two months, my altcoin portfolio is now nothing.
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