👻 Altcoin season? Data suggests it already happened.

Despite common claims that “altseason is coming,” data shows short bursts of altcoin outperformance in 2024 and early 2025 likely were this cycle’s altseason. Memecoins absorbed retail liquidity, while ETFs diverted institutional capital to Bitcoin. With altcoins now tied to distinct ecosystems and narratives, the market may be outgrowing the idea of a unified “altseason” altogether.