Shitcoin Season Index remains low, currently at 17

BlockBeats News, December 21st, according to Coinmarketcap data, the Altcoin Season Index is currently at 17. Previously, on September 20th, it peaked at 78, with a weekly average last week of 21. This index shows that in the past 90 days, around 17 projects out of the top 100 cryptocurrencies by market cap have outperformed Bitcoin in terms of price appreciation.

Nota: The CMC Cryptocurrency Altseason Index is a real-time indicator used to assess 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.