Why is the Altcoin Season Index Important for Investors?

[Suba]

In the crypto world, we often hear/read the term Altcoin season or a period where Altcoin outperforms Bitcoin and also in the percentage of price increase. Altcoin season often occurs after Bitcoin dominates the market for a certain period or is known as Bitcoin season.

The Altcoin season index is a tool to find out whether it has entered the altcoin season or not. In formulating the altcoin season index, Coinmarketcap analyzes the top 100 altcoins while Blockchaincenter only analyzes the top 50 altcoins so there is a slight difference. To find out whether it is currently the altcoin or Bitcoin season, we only need to visit Coinmarketcap or Blockchaincenter.net

 

[Augusta]

Altcoin Season Index is important as it serves as a useful indicator for tracking market trends and potential shifts between Bitcoin and altcoin dominance.

 

[riberet19]

In my opinion, it is an important barometer to know when we are in an altseason or close to it; the further the barometer is from the position of the altcoins, the better the time to invest in them while expecting medium or long-term returns.