Hold on to your hats, crypto fam! The CoinMarketCap Altcoin Season Index is flashing a seriously intriguing signal. It’s currently sitting at 19, a solid 4-point jump from last week’s average. What does this actually mean?
Basically, it’s a telltale sign that altcoins are starting to outperform Bitcoin. CMC’s metric tracks the top 100 cryptocurrencies by market cap and identifies how many have been rocking gains exceeding Bitcoin’s over the last 90 days.
Right now, a whopping 19 out of those top 100 are leaving Bitcoin in the dust. THAT, my friends, is a compelling indicator! Let’s dive a little deeper into what an altcoin season is and why you should care.
Understanding Altcoin Seasons:
Altcoin seasons aren’t just hype; they represent a shift in market momentum. Typically, they occur after Bitcoin has had a strong run and investors start looking for the next big thing.
Specifically, it signals a period where altcoins experience greater percentage gains than Bitcoin. It doesn’t necessarily mean Bitcoin will tank, but it indicates capital is flowing into altcoins.
Altcoin seasons can be incredibly lucrative, but also riskier. Due to less liquidity in smaller assets, swings can be wild. Always do your research and be prepared for volatility, you hear me?!
Remember, this is not financial advice — just a seasoned observer calling out a potentially exciting development. Don’t FOMO in blindly. Research, plan, and only invest what you can afford to lose. Now go out there and (responsibly) explore!
