Hey kids! Ever heard of altcoins? They're like other types of cryptocurrencies besides Bitcoin. Recently, there's been some exciting news about them! Experts are noticing a big increase in altcoin trading, which could mean good things for some altcoins.
- More people are trading altcoins than before.
- This might be the start of an 'alt season,' where altcoin prices go up a lot.
- However, only a few altcoins, like Ethereum, XRP, BNB, and Solana, are seeing most of the action.
| Fact | Number |
|---|---|
| Altcoin trading volume ratio compared to Bitcoin | Increased from 1.77 to 2.77 |
| Peak in stablecoin altcoin trading volume | $60.4 billion on Feb 3 |
| Percentage of altcoin market with positive year-to-date performance | 14% |
