What is the altcoin season?
The altcoin season, or Altseason, is a period in which Altcoins excels in value, bypassing bitcoin in performance. Altcoin, or alternative currency, is an encrypted currency, not Bitcoin. Altseasons is usually run by turning in the liquidity of the encryption market.
Due to the upscale feelings of the encryption market during the pre -alvoes, investors tend to search for more profitable opportunities in the market, and convert their attention from Bitcoin (BTC) to other promising altcoins.
This shift in investor attention and their attention often leads to an increase in the flow of liquidity or funds from Bitcoin to Altcoins, causing high prices and superior bitcoin.
On the contrary, the Bitcoin season is a period in which Bitcoin excels over Altcoins. Due to the condition of Bitcoin as a digital gold, investors tend to convert their concentration from Altcoins to Bitcoin, especially when the market is down, which leads to a significant decrease in Altcoins prices.
Past altcoin seasons
2017 – 2018
The first season occurred between 2017 and 2018. The dominance of the market in Bitcoin decreased dramatically during this period, as it decreased from 87 % to 32 %. On the contrary, Altcoins rose in value. This increase was the result of the ICO mutation.
ICO, or the primary currency display, is a way to collect donations that Blockchain companies use to finance their projects. Blockchain often sells the distinctive symbols for investors for capital. The logic behind this was that these prices of symbols would rise at the launch of the project.
The ICOS included the prominent launched during this period ETHEREUM, Tron and Polkadot. ICO mutation resulted in the arrival of many Altcoins to its highest levels ever, including ETHER (ETH), Ripple (XRP), and Litecoin (LTC). On the contrary, Bitcoin has seen a significant decrease, as it decreased from its peak to more than $ 20,000 to less than 6000 dollars.
2020 – 2021
The following altseass happened between 2020 and 2021. The opportunity to explore the other aspects of Blockchain technology was the main engine of this season. During this period was decentralized financing (Defi), NFTS (NFTS) symbols, and Memecoins became common.
according to
The NFT market has also increased. according to
Memecoins has not been excluded, as MEME symbols such as Dogecoin (Doge) and Shiba Inu (SHIB) have gained great popularity during this period.
All of these greatly affect the Altcoin market, causing it from 30 % to 62 %. The encryption market has also reached the highest level ever at $ 3 trillion. On the other hand, bitcoin dominance decreased, decreased from 70 % to 30 %.
Signs that the Altcoin season has started
An increase in the dominance of altcoin
One of the main signs that the Altcoin season has started to increase the dominance of Altcoin, the percentage of the total ceiling of the Altcoins encryption market.
It is calculated by offering bitcoin dominance of 100 %, i.e.: Altcoin dominance = 100 % – Bitcoin dominance. You can get a bitcoin domination in actual time by verifying encryption sites such as
High trading volume
The trading volume is the total amount of the cryptocurrency that is traded (purchased and sold) in the exchange of encryption during a certain period of time. Due to the increased flow of liquidity from Bitcoin to Altcoins, the trading volume in Altcoins tends to increase through Altseasons. Thus, the increase in the trading volume in Altcoins is a good sign of starting.
Increase in the Altcoin season index and the ETHEREUM price ratio to Bitcoin (ETH/BTC)
The Altcoin season is a scale used to determine the extent of the superconduction of Altcoins over Bitcoin over a period of 30, 60 or 90 days. Its value can be used reliably to predict whether altseason has started.
If the Altcoin season index is between 0 and 25, it indicates that Bitcoin dominates the encryption market. If it is between 25 and 75, this means that the encryption market is witnessing mixed performance.
However, if the altcoin season ranges between 75 and 100, this means that Altcoins excels on bitcoin currencies, indicating the presence of Altseason.
The ETH/BTC rate can also be used to determine Altseass. The high percentage of ETH/BTC means the ether (ETH) that surpasses Bitcoin (BTC), an operator that may lead to Altseason **. **
How do you benefit from the Altcoin season?
Search and diversify your wallet
Although Altseasons can be profitable, it can be risky, because the trader or investor may end up to the purchase of Altcoin performs badly. For this reason it is important to search before investing in any altcoin.
To start your search, you can use web tools such as CoinmarketCap and Coingecko to check Altcoin standards, including its dominance, trading volume and market carrying.
While the research is important, do not forget an important aspect of investment – organization. Diversification of your encryption portfolio is important because it helps to reduce the risks associated with the fluctuation of the encryption market.
Are you looking for the best platform to offer a variety of Altcoins to help diversify your encryption portfolio? Mexc is your best deal.
In addition to being one of the best and most reliable encrypted exchanges, here are some benefits of using mexc:
A wide range of distinctive symbol
With more than 3000 new running icons and lists that occur almost daily, Mexc emerges from the exchange of other cryptocurrencies by introducing the most encrypted currency groups. The effective infrastructure and the well -organized insertion process allows it to include encrypted currencies quickly and buildings. Consequently, investors can get less well -known and emerging currency codes even before they are included in other stock exchanges.
High liquidity
Liquidity is a major feature of Excination Mexc platform. According to industry reports,
Thanks to high liquidity and very low slide, Mexc provides a favorable trading environment that allows traders to implement trading quickly and efficiently. No wonder, it is the encryption center of more than 30 million users from more than 170 countries.
Very low trading fees
Another unique benefit from Excination Mexc Crypto is a very low trading fee. MEXC offers 0.05 % tacit fees for immediate trading and 0.01 % maker and 0.04 % Taker fees for future trading. The result? Traders can increase profits through Altseasons.
Due to its exceptional services, Mexc has become a coding exchange for millions of users, which achieved prominent landmarks.
To clarify examples, here are two MEXC achievements last year:
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Arrange between the best central stock exchanges (CEXS) for immediate trading and dispersion.
According to the data obtained from Token Insight, Mexc ranked sixth and fifth between CEXs for immediate trading and trading derivative in 2024.
In fact, the derivative trading volume increased by 132.35 %, more than twice the size of 2023. This is very cool, as it highlights the HGC’s liquidity from Mexc, the wide user base, and various encryption offers that meet the needs of all types of merchants.
Thus, traders can easily buy encrypted currencies, including memecoins, with the least slip. MEXC also offers futures and margin trading options that allow traders to take advantage of prices for encrypted currencies, including Memecoins.
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The presence of the largest share in the market between CEXS.
The market share indicates the percentage of trading activity, as the exchange of cryptocurrency compared to other stock exchanges.
Mexc got the highest growth in the market share between CEXS in 2024. According to search data,
The market share in Mexc increased by about 9 % in 2024 The highest between CEXS.
This says a lot about the confidence and reputation of Mexc. No wonder it is home to more than 30 million users from more than 170 different countries.
How to buy altcoins on Mexc?
- Create an accountVisit mexc and click the “Registration” button. Make sure to enable dual -factor authentication to secure your account.
- Deposit moneyYou need to finance your account to buy Crypto on the Mexc platform. Mexc supports deposits in both cryptocurrencies and Fiat currencies.
- Look for altcoins and put an application: To browse the Altcoins menu, please visit the “Markets” section at Mexc. After choosing altcoin, submit an order.
Plan to enter and leave
To make maximum gains during Altseass, you need to know when to enter and leave the market. Technical analysis tools such as support, resistance and relative index can help identify entry and exit points.
Create losing levels and profit levels is a proactive step to reduce loss.
Get a new early altcoins
Nothing beats early. To improve your investment strategy, consider participating in the distinctive symbol plumber. It allows you to visit Mexc for new lists also buy a new altcoins before inserting them into other exchanges.
