ChainCatcher Message, Coinmarketcap data shows that the Altcoin Season Index today reports at 48, a slight increase of 1 point from yesterday, and has not yet entered the obvious range of altcoin season. This index is used to measure which projects among the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin in the past 90 days; currently, 48 projects have outperformed Bitcoin.
CMC's Altcoin Season Index is a real-time indicator that helps investors determine whether the market is dominated by altcoins. Although the index has slightly risen, it has not yet reached the critical point of altcoin season, and the market is still in a wait-and-see mode. Investors should closely monitor changes in this index to timely adjust their investment strategies.