Which sectors are currently the hottest tracks in the market?
Since the dust has settled on the U.S. elections, the crypto market seems to have entered a money-making mode. On one hand, Bitcoin is surging towards the $100,000 mark, while on the other hand, the heat has initially focused on MEME tokens, and with the strong performance of mainstream altcoins like XRP, people seem to realize that the long-awaited altcoin season might really be here.
From an overall perspective, the market has indeed entered a phase of collective growth over the past month. PNUT, as the hottest MEME coin in November, ranks high with a 2400% increase, but if we look at the data on the PNUT chain, its increase should be the highest in the entire network and far surpass this value.
From the aggregated results, tokens related to gaming concepts have achieved an average maximum increase of 273.4%, becoming the hottest altcoin track at the moment. Following closely are MEME coins, with an average maximum increase of 225%, while sectors like the Metaverse, Layer 1, and social platforms follow behind. The sector with the smallest increase is the fan economy, at only 85%.
Has the altcoin season really arrived? Perhaps this question can now be answered with relative certainty.
Although the market dynamics of BTC, SOL, and ETH have always attracted attention over the past month, from the actual data performance, BTC ranks 273rd in terms of maximum increase among all tokens, ETH is 260th, and SOL is 242nd, making them among the group with the smallest increases in the market. Meanwhile, those once-popular altcoin stars that no longer hold a dominant position in public opinion seem to be quietly making a comeback in another way.