The Altcoin Index continues to rise, reaching a value of 72. This development signals changes in market preferences among investors.
Altcoin Index Reaches New High
The Altcoin Index has surged to 72 out of 100, marking a fresh local high. This metric is often used by traders to gauge whether capital is flowing more into altcoins than Bitcoin. A reading above 70 typically signals the start of a strong altcoin cycle.
Bitcoin Dominance Declines
Meanwhile, Bitcoin dominance has slipped to a seven-month low. This change confirms that investors are shifting attention toward other cryptocurrencies, making altcoins more attractive for traders looking to diversify their portfolios.
Major Tokens at All-Time Highs
The recent rally is not just about smaller projects—leading altcoins like BNB, MNT, and HYPE have all hit new all-time highs, proving that demand is rising for these tokens.
With the Altcoin Index climbing higher and more tokens breaking ATHs, the key question remains which altcoin could explode next. Investors should keep an eye on strong fundamentals and active communities.
