Meme Coin Season Index Rises to 49

BlockBeats News, July 18th, according to Coinmarketcap data, the Altcoin Season Index has recently continued to rise to 49. This index shows that in the past 90 days, about 49 projects out of the top 100 cryptocurrencies by market cap have outperformed Bitcoin in terms of price.

Note: The CMC Altcoin Season Index is a real-time indicator used to determine whether the current cryptocurrency market is in an altcoin-dominated season. The index is based on the top 100 altcoins' performance relative to Bitcoin over the past 90 days.