Shitcoin Season Index Rises to 59

BlockBeats News, August 31st, according to CoinMarketCap data, the Altcoin Season Index has risen to 59. This index shows that in the past 90 days, about 59 projects out of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin.

Note: The CMC Cryptocurrency Altseason Index is a real-time indicator used to determine 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 in the past 90 days.