Meme Coin Season Index Rises to 27

BlockBeats News, July 7th, according to Coinmarketcap data, the Altcoin Season Index is currently at 27, up from the low of 15 on June 22nd. The index indicates that out of the top 100 cryptocurrencies by market capitalization, about 27 projects have outperformed Bitcoin in the last 90 days.

Note: The CMC Cryptocurrency Altseason Index is a real-time indicator used to determine whether the cryptocurrency market is currently in an altcoin-dominated season. The index is based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days.