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Altcoins Are Rallying, But Analyst Says Alt Season Has Yet to Begin
Analyst Dennis Liu, who posts on X as VirtualBacon, says altcoin season has not started, because the average altcoin is only about 10% ahead of BTC since the primary cryptocurrency’s bottom. According to him, a handful of strong coins are making the market feel hotter than the data supports. Most...
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According to analyst Dennis Liu, the altcoin season hasn't started yet: the high returns are around 10 percent, while Bitcoin (BTC) dominance remains stable at around 58 percent.
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Cryptocurrency News | Cryptocurrency Prices | Market CapAltcoins Are Rallying, But Analyst Says Alt Season Has Yet to Begin
Zcash, Quant and a few other tokens have rallied, but Liu says their gains are too isolated to confirm a broad altcoin rotation.
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