Question

What is an altseason?

Answer 1

An altseason, short for alternative coin season, refers to a period in the cryptocurrency market where altcoins (cryptocurrencies other than Bitcoin) experience significant price increases and outperform Bitcoin. This phenomenon is often characterized by increased trading volume, new projects gaining attention, and a general shift in market sentiment towards altcoins.

Answer 2

An altseason refers to a period in the cryptocurrency market where alternative cryptocurrencies (altcoins) experience significant price rallies and outperform Bitcoin, the leading cryptocurrency. During an altseason, investors often shift their focus and capital from Bitcoin to various altcoins, leading to an increase in their value relative to Bitcoin. This phenomenon is typically characterized by heightened trading activity and increased interest in altcoins across the cryptocurrency market.