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Binance founder posts on X, sends token soaring 20%
Binance founder Changpeng Zhao (CZ) hinted at a potential altcoin rally in a cryptic post on X (formerly Twitter). The executive posed the question: “Which key is available on Windows and Linux but not on Mac?”
While the question may seem harmless, the crypto community interpreted it as a veiled reference to an altcoin season or the AltLayer (ALT) token, which surged 20% after the post.
Altcoin Season Index Soars
The timing of CZ’s post is notable as the Altcoin Season Index currently stands at 78, signaling a strong market tilt towards altcoins. This index suggests that cryptos beyond Bitcoin are experiencing increased interest and momentum, with increased trading activity and price gains.
While the question may seem harmless, the crypto community interpreted it as a veiled reference to an altcoin season or the AltLayer (ALT) token, which surged 20% after the post.
Altcoin Season Index Soars
The timing of CZ’s post is notable as the Altcoin Season Index currently stands at 78, signaling a strong market tilt towards altcoins. This index suggests that cryptos beyond Bitcoin are experiencing increased interest and momentum, with increased trading activity and price gains.
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