Browsing: altcoin season

Cryptocurrency saturation is becoming an increasingly pressing issue in the evolving landscape of the crypto industry.With total cryptocurrencies listed on CoinMarketCap nearing an astonishing 11 million, questions arise about whether the market is becoming oversaturated.

Altcoin season has become a buzzword in the cryptocurrency community, signifying a period when altcoins, or alternative cryptocurrencies, outperform Bitcoin in price gains.As the market evolves, many are eager to know if this season is still on the table, especially with recent developments like Cboe BZX’s XRP ETF application that could reshape the altcoin landscape.

As the cryptocurrency market evolves, the concept of an altcoin season — a time when alternative cryptocurrencies surge ahead of Bitcoin — has come under scrutiny.With over 36.4 million tokens flooding the market, analysts are increasingly skeptical about the sustainability of such seasons.