What Happened to Alt Season?
A common theme in this cycle has been the consistent cries for “altseason” as participants hope for a time period similar to H1 2021, where nearly the entire altcoin market rallied in tandem. However, altcoin performance has been muted outside of Solana’s massive price rally.
While there are still bouts of “risk on” time periods where most market participants are looking to venture out on the risk curve, there has been no real altseason reminiscent of previous cycles.
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