Altcoin Season Index Reads 41 After 399 Days Without Altcoin Season
Photo: TokenPost
An altcoin breadth gauge recorded 41 in its Oct. 30 snapshot, as the elapsed time since its most recent qualifying altcoin season reached 399 days. The reading sits inside the measure’s neutral band, below the level used to mark an altcoin season. Earlier coverage of the same gauge tracked its reading on a prior date. The gauge reviews the prior 90 days of relative performance between Bitcoin (BTC) and a defined group of 50 eligible altcoins. A score of 75 or above marks altcoin season, when at least 75% of the group has outperformed BTC during that period.
Source: TokenPost
