Ethereum

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 <p class="is-style-lead">According to a Dec. 6 post on X from Kaiko, the altcoin market share volume reached 67% last week, with Bitcoin and Ethereum sitting at 28% and 11%, respectively.&nbsp;</p> 
 <p>As suggested by a leading source of cryptocurrency market data, this indicates a shift in investor sentiment and a growing appetite for <a rel="dofollow" title="altcoin" href="https://thebittimes.com/tag/altcoin.html">altcoin</a>s.</p> 
 <h2 class="wp-block-heading" id="chart-watch">Chart watch</h2> 
 <p>With notable momentum since October, cryptocurrency enthusiasts are eagerly watching the charts, speculating whether this surge marks the beginning of a full-fledged altcoin season, a market cycle in which the price of a significant number of crypto assets, which are different from BTC, have better growth indices than the above currency.</p> 
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  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Terra Classic rally after Binance burns 3.9b LUNC, this altcoin could also soar 
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   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">Is #<a rel="dofollow" title="altcoin" href="https://thebittimes.com/tag/altcoin.html">altcoin</a> <a rel="dofollow" title="season" href="https://thebittimes.com/tag/season.html">season</a> <a rel="dofollow" title="approaching" href="https://thebittimes.com/tag/approaching.html">approaching</a>?<br><br>Altcoin market share of volume has soared since October, hitting 67% last week. pic.twitter.com/cWEmpZ4key</p>— Kaiko (@KaikoData) December 6, 2023
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 <p>This perspective has since been shared by crypto analyst @Mags, who predicted parabolic growth in November.</p> 
 <p>These predictions have been met with several <a rel="dofollow" title="altcoin" href="https://thebittimes.com/tag/altcoin.html">altcoin</a>s reaching their highest valuations since November 2022, including Luna Classic (LUNC) and other coins like&nbsp;Energi&nbsp;and&nbsp;Blur, reporting impressive growth in the last week.</p> 
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  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Institutions show no interest in altcoins, allocate bags in Bitcoin, Bybit Research says 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/kaiko-says-beginning-of-altcoin-season-may-be-approaching-tbt72838.html">https://thebittimes.com/kaiko-says-beginning-of-altcoin-season-may-be-approaching-tbt72838.html</a></p>

Kaiko says beginning of altcoin season may be approaching

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