Market capitalization of altcoins (Total2) dropped by 38 % compared to its historical summit (ATH). The market has left a total of approximately $ 600 billion. Despite this, many analysts remain at rest and always optimistic.
Only 17 altcoins have been doing better in the last 90 days than bitcoins
The CMC Altcoin Season season provides real -time information to see if the crypto market is currently in the altcoin season. The index is based on the output of 100 main altcoins compared to bitcoins in the last 90 days. It differs from another highly recognized index of the Altcoins season, which is calculated on the first 50 cryptocurrencies.
The index is 17 at the time of writing this article. This means that only 17 altcoins have surpassed the performance of bitcoins in the last three months.
Level 17 is quite alarming because it is the lowest point achieved from the introduction of this index on Coinmarketcap. Especially because evolution is disastrous with a decline that has difficulty in the end.
For some market specialists, such as CZ, the former CEO of Binance, the level V 50 would be “probably a very good score”.
In the Altcoin Index developed by Blockchain Center, the current value is located at 29. According to this index, the Altcoins season begins when 75 % of the 50 major cryptocurrencies outperform the performance of bitcoins. Therefore, we are now far away, with an index that even dropped to 20, which is the lowest level since October 2024.
These traces are in line with the massive decrease in the des altcoins market cap. After all, the capitalization of altcoins dropped by 38 %, from its ATH from $ 1.64 billion to $ 1 billion.
Analysts remain despite a decline in optimistic
However, Master of Crypto, Active since 2016, believes that this decline will eventually announce a promising future.
“The Altcoins Index has fallen at the lowest level since October 2024. It is interesting to note that the last time the index was so low, altcoins experienced an impressive rally later. Although every drop can worry about new investors, those who hold well have a generally significant revenue, ”said the Master of Krypto.
Bitcoin Coinvo Investor, active since 2017, also believes that the current market volatility is not afraid, but it is rather a repetition of previous cycles.
Coinvo also notes that increasing the market capitalization of altcoins in 2017 and 2021 could be repeated in 2025. According to Coinvo graph, market capitalization of altcoins could reach $ 5 billion in 2025, three times more than the current level.
In addition, Ki Young Ju, the CEO of the cryptocurrency, offers a redefined view in the Altcoin season. They say the old altcoin season theory is no longer valid. Instead, the new altcoin season mainly directs capital to stablecins or altcoins widely accepted rather than tokens that are more speculative.
Morality of History: In cryptocurrencies, optimism is the last thing that is lost.
Notification of irresponsibility
Notice of non -response: In accordance with the TRUST project, Beincrypto undertakes to provide impartial and transparent information. The aim of this article is to provide accurate and relevant information. However, we invite readers to verify their own facts and consult a professional before it decides on the basis of this content.