#StablecoinLaw
The altcoin season is a period where altcoins, cryptocurrencies other than Bitcoin, experience significant growth and market dominance . Predicting the exact timing of an altcoin season is challenging due to the unpredictable nature of the cryptocurrency market, but several indicators and factors can help identify its beginning and potential end [2].
## Key Indicators of an Altcoin Season
Several market characteristics emerge during an altcoin season:
- Increased Altcoin Dominance: Altcoins collectively gain prominence in the cryptocurrency market . A major sign indicating the start of an alt season is a clear rise in altcoin dominance within the total cryptocurrency market .
- Rapid Price Appreciation: Altcoins experience significant price increases, often outpacing Bitcoin's growth .
- Rising Trading Volumes: A spike in trading volumes for various altcoins indicates heightened activity and growing investor interest .
- FOMO (Fear Of Missing Out): Bullish market sentiment drives increased buying pressure and price momentum .
