🤣🤣🤣 I see you guys getting excited about the market turning green,
and you’re thinking… *"Is it the start of the altcoin season?"* Well, hold your horses! 🐎💨
Let me break it down for you—just because the market is looking green and altcoins are pumping, doesn't mean we’re officially in *altseason*. 🤔
Here’s the truth about *altcoin season* and what you need to know:
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1. *What is Altseason?* 🌐
Altseason refers to a period when *altcoins* (cryptos that aren't Bitcoin) start to outperform *Bitcoin (BTC)* in terms of *price growth* and *market dominance*. It's when we see *massive rallies* in altcoins, and they *outshine Bitcoin* for a while.
During altseason:
- *Altcoins* experience higher returns.
- *Bitcoin’s dominance* (market cap percentage) drops.