PANews reported on March 10 that CoinMarketCap market data showed that among the top 100 tokens by market value, only 17 tokens have increased more than BTC in the past 90 days, including BERA (+499%), IP (+81%), BGB (+78%), etc. BTC performed -15% during the same period.
It is understood that the Altcoin Season Index is a new feature launched by CoinMarketCap to measure the popularity of altcoins. It counts how many tokens in the top 100 assets by market value have outperformed BTC in market performance. If the value is about 75, the market is more likely to be in the Altcoin Season, and if it is below 25, it is likely to be in the Bitcoin Season. Since February 27, the index has been below 25 for 12 consecutive days.
