Altcoin Season Index falls to 30

CoinMarketCap's Altcoin Season Index has fallen two points from the previous day to 30. The index determines whether it is an "altcoin season" by comparing the price performance of the top 100 coins by market capitalization, excluding stablecoins and wrapped coins, against Bitcoin. An altcoin season is declared if 75% of the top 100 coins have outperformed Bitcoin over the past 90 days. A reading closer to 100 indicates a stronger altcoin season.

Source
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.
Like
Add to Favorites
Comments