The rise of ETH can drive its ecological tokens.
Including L2/DeFi/staking, etc.
Some leading coins have already taken off...
Besides, public chains/old mainstream coins are also performing well.
The rise of ETH is the true bull market that brings widespread growth ε=(´ο`*))) Sigh.
People used to say there is no altcoin season anymore.
But the altcoin season index has reached 57, and it's not far from a true confirmation of altcoin season at 75...
According to CMC data, there are 2.4M+ altcoins, as long as the top fifty altcoins outperform BTC in a quarter, it’s already good...
PS: If 75% of the top 50 tokens in the last season (90 days) outperform Bitcoin, it is considered an altcoin season. The top 50 does not include stablecoins (Tether, DAI...) and asset-backed tokens (WBTC, stETH, cLINK...)
When the altcoin season index reaches above 75, it’s time to be cautious of a big drop risk.
When market greed sentiment is extremely high, risks should come...
#BTC