Triple-Digit Gains: Stellar, Sui, Mantra, and Dogecoin Fuel Altcoin Surge
The Altcoin Season Index (ASI) has risen from 37 to 53 in just two weeks, signaling growing momentum in the altcoin market.
Stellar (XLM) leads with a 400.1% gain over 90 days, followed by sui (SUI) at 342.4%, and dogecoin (DOGE) at 303.4%. Other strong performers include ADA (+177%) and FTM (+160%), with several altcoins posting triple-digit gains. Although bitcoin’s dominance remains at 57.8%, the consistent outperformance by altcoins suggests the possibility of an approaching altcoin season, driven by investor confidence and ecosystem innovation.
Clever Robot News Desk 27th November 2024