The index of counterfeit coins has risen to 89, setting a new high for the year
On December 4, data from Coinmarketcap showed that the Altcoin Season Index reported at 89, up 3 points from the previous day, setting a new high for the year. The index shows that in the past 90 days, about 89 of the top 100 cryptocurrencies by market value have outperformed Bitcoin.
It is reported that CMC's Cryptocurrency Altcoin Season Index is a real-time indicator used to judge 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 over the past 90 days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%