What are the hottest sectors in the current market?
Since the conclusion of the U.S. election, the cryptocurrency market seems to have entered a mode of easy profits.
On one hand, Bitcoin is soaring, approaching the $100,000 mark;
On the other hand, market enthusiasm first focused on the MEME sector, and later, with strong performances from mainstream altcoins like XRP, people gradually realized that the long-awaited altcoin season seems to have arrived.
Analyzing from an overall data perspective, the market has indeed shown a collective upward trend in the past month.
PNUT, as the hottest MEME coin in November, ranks at the forefront with a 2400% increase. Judging by its on-chain data, its growth rate is the highest in the entire network, far exceeding the reported figures.
After compiling statistics, it was found that tokens related to gaming concepts had an average maximum increase of 273.4%, ranking first among the hottest altcoin sectors at the moment.
MEME coins follow closely, with an average maximum increase of 225%, while sectors like metaverse, Layer1, and social media closely trail behind.
The fan economy sector had the smallest increase, at only 85%.
Has the altcoin season really arrived?
Perhaps a relatively certain answer can now be given.
Although the market dynamics of BTC, SOL, and ETH have attracted everyone's attention in the past month, considering the actual data performance, BTC's maximum increase ranks 273rd among all tokens, ETH ranks 260th, and SOL is in 242nd place, which are relatively lower increases in the entire market.
In contrast, those once glorious altcoin star tokens, which no longer hold a dominant position, seem to be quietly returning in a different manner.