CryptoQuant CEO: The Altcoin Season may have already begun
ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on platform X saying: "The altcoin season has already begun. There is no direct rotation from BTC to altcoins, but stablecoin holders are leaning towards altcoins. The trading volume of altcoins is 2.7 times that of BTC. The market share of BTC no longer defines the altcoin season, but the trading volume does dominate. However, this is a very selective altcoin season."
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
Polkadot will allow locking DOT to mint dotUSD in the future.

Bitcoin ETFs witnessed $2.35 billions in sell-off over the past two weeks

Chainfir Capital Sees Distribution as Key Competitive Edge in Stablecoin Market

Russia Deputy Suggests Jensen Huang Could Help Develop Domestic Chips
