#AltcoinRevolution2028

If 75% of the Top 50 coins performed better than Bitcoin over the last season (90 days) it is Altcoin Season. Excluded from the Top 50 are Stablecoins (Tether, DAI…) and asset backed tokens (WBTC, stETH, cLINK,…)

During Altcoin Season, several distinct market characteristics emerge:

Increased Altcoin Dominance: Altcoins collectively gain prominence in the cryptocurrency market. In the recent Altcoin Season in May 2021, the combined market capitalization of the top 100 altcoins reached around 130% of Bitcoin's.

Rapid Price Appreciation: Altcoins experience significant price increases across the board, often outpacing the growth of Bitcoin. For example, large-cap altcoin prices achieved 174% returns versus BTC's 2% during the Altcoin Season from February to May 2021. Many narratives pop up and are not limited to just one or two trends.

FOMO: Overall market sentiment during Altcoin Season is typically bullish, driven by optimism about the potential for altcoins to deliver substantial returns. FOMO mentality is evidenced by high 24-hour trade volume across all large-cap coins, leading to increased buying pressure and price momentum.