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<p>As Bitcoin edges closer to the $100,000 mark, investors are closely watching for the long-awaited altcoin season. Against this backdrop, multiple veteran public chains, meme coins, and metaverse concept coins have seen significant price jumps over the weekend, capturing investors&#39; attention.</p><p>The chart below shows the price performance of the top 100 cryptocurrencies in the past 24 hours. Notably, SAND (which has surged over 100% in the past two days) and MANA, two veteran metaverse concept coins, have seen remarkable gains recently.</p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/88ce1faa83534960b23d4983e1e9b63e.jpg" /><h2 id="header-0">Performance of Various Sectors in the Past Week</h2><p>According to Artemis data, in the past seven days, among the blockchain sector:</p><ul><li>Data Availability (Celestia, Dymension, although there are fewer coins in this category) has seen the highest average increase of 36.7%</li><li>Gaming ranks second with a 33% increase (SAND, AXS, MANA...)</li><li>Veteran public chains come in third with a 23.8% increase (ADA, VeChain, IOTA...)</li></ul><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/077195f6de3a474080ebf8599085f1a0.jpg" /><h2 id="header-1">What Indicators Signal the Arrival of Altcoin Season?</h2><p>How can we determine whether altcoin season has arrived or if it&#39;s just a bull trap? One indicator we can observe is BTC.D (Bitcoin Dominance).</p><p>When altcoin season arrives, the price of Bitcoin will gradually be surpassed by other coins, causing BTC.D to gradually decline from its high. In particular, when BTC.D begins to fall sharply from its peak, it usually signifies that market funds are flowing into altcoins, a crucial signal for the start of altcoin season.</p><p>Historically, the period when BTC.D falls below 50% and further declines to the 40% level may be the best time to capture the surge in altcoins. Currently, BTC.D has dropped from over 60% in recent days to the current 59.37%, but it is still quite a distance from 50%. In fact, BTC.D has not fallen below 50% this year.</p><p>However, with multiple positive factors for Bitcoin this year, whether the indicators for altcoin season will change remains to be seen. Additionally, the Bitop market analysis team reminds investors: altcoins are generally more volatile, so please pay attention to the risks when investing.</p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/f721f409877947d4943883c5eae4f9fb.png" /><p></p><p></p>

[Bitop Review] Is Altcoin Season Here? SAND Soars 100% in Two Days, Veteran Block Chains Rising

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