What is the meaning of Alt in cryptocurrency?



#alternative"Altcoin" is a combination of the two words "alternative" and "coin." The term generally includes all cryptocurrencies and tokens that are not Bitcoin. Altcoins belong to the blockchains for which they were explicitly designed.



How do I know my altcoin season?Altcoin season index: how it's calculated and what it means

At the same time, the value "8" does not relate to the distribution of capital: it means that 8% of altcoins have grown more than BTC in the last 90 days. If the value reaches 75% or higher, then we are experiencing an altcoin season.



What is Altseason in crypto?



Altseason is a period during which altcoins (all cryptocurrencies excluding Bitcoin) demonstrate significant growth relative to Bitcoin and the US dollar (or stablecoins like USDC, USDT). Altseason arises for various reasons, and it is possible to predict it with a certain degree of probability.

alt season crypto 2024

Altcoin season 2024The emerging alt season 2024 will be bi-furcated. We are saying that the crypto bull market 2024 will be a HIDDEN BULL MARKET. Consequently, some adults will do well, but not all of them. Forget the 2021 crypto bull market, when all cryptocurrencies were explosive concurrently.



How long does all season last?It's not all season... yet

“If 75% of the top 50 coins performed better than Bitcoin over the last season (90 days), it is Altcoin Season.” This indicator demonstrates that only 69% of the leading 50 altcoins have outperformed Bitcoin in the past 90 days.

What triggers alt season?Historically, altseason triggers once the Bitcoin price surges above its previous all-time highs. Another possibility is Bitcoin enters a consolidation for weeks, while altcoins take charge of market rally.

#HotTrends #BTC #AltseasonAhead #alt