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Shitcoin Season Index Rises to 30
BlockBeats News, July 11th, according to Coinmarketcap data, the Altcoin Season Index is currently at 30. On June 22nd, it had dropped to 15. This index indicates that in the past 90 days, around 30 projects from the top 100 cryptocurrencies by market cap have outperformed Bitcoin in terms of price growth.
Note: The CMC Cryptocurrency Altseason Index is a real-time indicator used to determine whether the current cryptocurrency market is in an altcoin-dominated season. This index is based on the performance of the top 100 altcoins relative to Bitcoin in the past 90 days.
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