Altcoin Rising: Altcoin Season Index Reaches 45/100
On November 26, 2024, the Altcoin Season Index of CMC reached 45/100, indicating that the market is still leaning towards Bitcoin but there are signs that altcoins are gradually attracting capital. In the past 90 days, coins such as XLM (+390%), OM (+308%), DOGE (+296%), and SUI (+279%) have led in growth, demonstrating strong interest from investors.
In particular, PNUT impressed by increasing up to 1,979%, becoming the brightest star in the top 100. Could this be the time for altcoins to enter a strong growth cycle?