CryptoQuant CEO Ki Young Ju says that the altcoin season is no longer determined by a rotation of capital from Bitcoin, but by an increase in trading volume of altcoins for stablecoin pairs.
The cryptocurrency market could be on the verge of the long-awaited altcoin season (altseason), much to the delight of speculative traders, but the determining factors may have changed, according to a prominent market analyst.
The 'liquidity of stablecoins' will determine the next altseason.