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:

1. M
2. PENGU
3. MOG
4. HYPE
5. VIRTUAL
6. SPX
7. WIFI
8. AAVE
9. BONK
10. MORPHO
11. XLM
12. AERO
13. SEI
14. ETH
15. QNT
16. FLOKI
17. FORM
18. PEPE
19. TAO
20. UNI
21. SUI
22. XMR
23. BCH
24. KAJA
25. INJ
26. ENS
27. FET
28. HBAR
29. FARTCOIN
30. WLD
31. 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.

*This is not investment advice.

Source