Hey DEFI TIMES community, is it altcoin season yet? Well, if you take a look at the altcoin season index, the answer is definitely NO. In fact, Bitcoin has such a strong momentum that small-cap DeFi tokens are still nowhere near their August high. I believe this is going to change very soon. Before we get into why let us first understand how this chart measures whether it is altcoin season. They define it as follows:
Altcoin Season in December? - CRYPTO FRIDAY
Altcoin Season in December? - CRYPTO FRIDAY
Altcoin Season in December? - CRYPTO FRIDAY
Hey DEFI TIMES community, is it altcoin season yet? Well, if you take a look at the altcoin season index, the answer is definitely NO. In fact, Bitcoin has such a strong momentum that small-cap DeFi tokens are still nowhere near their August high. I believe this is going to change very soon. Before we get into why let us first understand how this chart measures whether it is altcoin season. They define it as follows: