ChainCatcher News, the latest data shows that the Altcoin Season Index is currently at 44, down 3 points from yesterday and down 38 points from last month. This index is a real-time metric used to analyze how many projects among the top 100 cryptocurrencies have outperformed Bitcoin in the past 90 days. Current data indicates that about 44 projects have performed better than Bitcoin.

The Altcoin Season Index is typically used to determine whether the market is in a phase dominated by altcoins. The decline in the index may suggest that enthusiasm for altcoins has weakened, but there are still a considerable number of projects performing well. Investors can adjust their investment strategies based on this index and pay attention to changes in market dynamics.