Altcoin Seasonal Index rises to 49

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On July 18, according to Coinmarketcap data, the Altcoin Season Index has recently continued to rise to 49. The index shows that in the past 90 days, approximately 49 projects among the top 100 cryptocurrencies have outperformed Bitcoin.

Note: The CMC Altcoin Season Index is a real-time indicator used to determine whether the current cryptocurrency market is in an Altcoin-dominated season. The index is based on the performance of the top 100 Altcoins relative to Bitcoin over the past 90 days.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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