Research the changes in the overall market capitalization of alts during the past three bull runs and the background of the alt season.
In 2012-2013, the first halving of BTC led to a bull run, where the total market capitalization of alts increased by 20 times, reaching a peak where the total market capitalization of alts accounted for 15% of the cryptocurrency market.
Background of alt season: Various altcoins have imitated BTC's payment function, with LTC, XRP, and DOGE initially developed as payment cryptocurrencies.
alt season speculation main line: payment track
In 2016-2017, during the
View OriginalIn 2012-2013, the first halving of BTC led to a bull run, where the total market capitalization of alts increased by 20 times, reaching a peak where the total market capitalization of alts accounted for 15% of the cryptocurrency market.
Background of alt season: Various altcoins have imitated BTC's payment function, with LTC, XRP, and DOGE initially developed as payment cryptocurrencies.
alt season speculation main line: payment track
In 2016-2017, during the