However, with the rise of altcoins such as Ethereum (ETH), Ripple (XRP), and Litecoin (LTC), investors are eagerly waiting for the altcoin season to kick in. What is an Altcoin Season? An altcoin season is a period in the cryptocurrency market where altcoins outperform Bitcoin in terms of market capitalization and price appreciation. Altcoins refer to any digital asset other than Bitcoin, which was the first cryptocurrency. Altcoin season usually happens when Bitcoin's price is stable or experiencing a slight decline, leading investors to diversify their portfolios and invest in altcoins with the potential for higher gains. How to Identify an Altcoin Season? There are a few key indicators to look out for when trying to identify an altcoin season. One of the main signs is a significant increase in altcoin market capitalization, which can be seen on cryptocurrency tracking websites such as CoinMarketCap or CoinGecko. Another indicator is the rise in trading v...
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