The Altcoin Season Index reached 60 on November 28, according to CoinMarketCap data. This value was slightly lower than the previous day’s 61. Despite this, the market is still moving into altcoin season. However, Bitcoin’s rise, thanks to institutional demand and ETFs, will reduce the liquidity of smaller altcoins. This will make it harder for smaller altcoins to reach new highs. Here are the details…
How to Determine Altcoin Season?
Market experts use an important metric to answer the question of whether the altcoin season is continuing. According to CoinMarketCap’s Altcoin Season Index, if 75 percent of the top 100 altcoins have outperformed Bitcoin in the last 90 days, the altcoin season is considered to have begun. This calculation leaves out stablecoins and wrapped tokens, revealing market dynamics more clearly.
The Altcoin Season Index evaluates the market’s relationship between Bitcoin and altcoins on a daily basis. This trend is critical for investors to determine which way the market cycles will turn. The index will be a sign of a new era as investors turn their attention to alternative tokens. Currently, the Altcoin Market Cap has broken out of an ascending triangle formation. This points to a potential bull run . Experts say that we will see the strongest signals for the full start of the altseason between December 2024 and March 2025.
Altcoin Season and Factors Affecting Their Performance
Experts who evaluate the performance of altcoins emphasize that the market depends on two main factors. Some experts say that altcoins are gaining strength. Others believe that Bitcoin’s rise with institutional demand and ETFs could limit liquidity for smaller altcoins. CryptoQuant chief researcher Ki Young Ju explained that altcoins need to focus on innovative projects that will attract investors’ attention in order to grow, and said:
Altcoins can only reach new heights with new capital inflows into exchanges. Altcoins should develop their own use cases rather than simply following Bitcoin’s momentum.
The expert noted that projects such as Decentralized Physical Infrastructure Networks (DePIN) will play an important role in this strategy. The development of independent growth strategies by altcoins will increase their impact on the market. Ju also added the following on the subject:
Projects like DePIN can accelerate new capital inflows by integrating blockchain technology into everyday life.
Altcoins in the Final Plain
The subseason expected in December and March indicates that the market will enter a new turning point. As we reported at Kriptokoin.com, investors should be careful during this transformation process of the market and shape their strategies according to the current data.
Follow us on Twitter, Facebook and Instagram, and join our Telegram and YouTube channel to stay up to date with breaking news !
