This wave of altcoins is about to start. You can make mistakes N times, but the key one must be there, otherwise, the sunk costs in the past will really be sunk...
Many people say that there is no altcoin season, but the key is how to define the three words "altcoin season"? If it is not defined well, everyone has a point and no one has a point!
I said that I think there is still an altcoin season, but the timing is not right, and it is different from what many people think of as an altcoin season~
If 75% of the top 50 tokens in the last quarter (90 days) outperformed Bitcoin, it belongs to the altcoin season. The top 50 does not include stablecoins (Tether, DAI...) and asset-backed tokens (WBTC, stETH, cLINK...)
So, remember, it is: 75% of the "top 50" tokens in the last quarter 90 days outperformed Bitcoin, it belongs to the "altcoin season"
What kind of altcoin season do you want?
Does it count as an altcoin season if 20% of the 2.4M altcoins rise or if 50% of the coins rise?
Actually, the round of market dominated by AI and inscriptions launched in November 2023 can be regarded as a round of "copycat season" market. After all, the copycat season index rose from the bottom to 75!
