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Altcoin interest hits lowest since 2023, seen as rally signal

Interest in altcoins in the cryptocurrency market has dropped to its lowest level in 2 years, Cointelegraph reported. Santiment said social-media mentions of altcoins have plunged as investors increasingly focus on bitcoin, but argued the extreme decline in attention could be a signal of an altcoin rally. CoinMarketCap’s altcoin season index stood at 34 out of 100. Total crypto market value has fallen 43 percent since October.