Has the Altcoin Season Started? Here is the Latest Situation in Altcoin Season Index
In the cryptocurrency markets, Bitcoin (BTC) continues to attract the attention of investors with its performance in the last 90 days.
However, the volatility in altcoins, overshadowed by this rise, is not to be ignored. According to CoinMarketCap's (CMC) “Altcoin Season Index,” the market is still in a Bitcoin-heavy period. With a score of 31 out of 100, we are still in “Bitcoin Season.” However, it's noteworthy that some altcoins are significantly outperforming Bitcoin, generating substantial returns for investors.
In order to call it an altcoin season, the value must rise above 75 in the index.
While Bitcoin has gained 40.07% in value over the past 90 days, some altcoins have outperformed by even more than that. Below is a full list of notable altcoins that have gained more than Bitcoin:
- M
- PENGU
- MOG
- HYPE
- VIRTUAL
- SPX
- WIFI
- AAVE
- BONK
- MORPHO
- XLM
- AERO
- SEI
- ETH
- QNT
- FLOKI
- FORM
- PEPE
- TAO
- UNI
- SUI
- XMR
- BCH
- KAJA
- INJ
- ENS
- FET
- HBAR
- FARTCOIN
- WLD
- RAIL
This list highlights the revival in the altcoin market. While the CMC Altcoin Season Index doesn't yet indicate a true “Altcoin Season,” the performance of some projects stands out.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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