I just checked the altcoin season index from CoinMarketCap — it has been holding at 38 for the second day. Nothing much is changing, some kind of stagnation. According to NS3 data, this index tracks how the top 100 altcoins (excluding stablecoins and wrapped tokens) perform against Bitcoin over the past three months. It turns out that the altcoin season index shows that altcoins are not particularly eager to grow relative to BTC. Maybe this is a signal that the altcoin season hasn't started yet, or are we already at the end? It’s interesting to see when this index will start to rise.

BTC-0.09%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin