The volume of negotiations in Altcoins’ futures reached historic maximum (ATH) in Binance of Exchange, exceeding the activity recorded in Bitcoin (BTC)-linked contracts.
As observed in the following graph, Altcoins negotiation volume reached 82.3%exceeded the previous 76% ATH in May 2021.
The case of Ja Maartun, a researcher at an analytical company. On-chain Cryptoquant, this suggests that “traders want to have greater or potential profits in the Altcoins market.”
Furthermore, cryptocurrencies that capture market interest are Plasma (XPL), Aster (Aster), Solana (sol) y pump.fun (pump).
For example, Aster is a governance token (DEX), which has experienced a rise in “meteor” prices, like reported encryption, since its market debut on September 17th. The assets began quoting $0.08 and rose to $0.60 in a few hours.
Maartun emphasizes that it is during the AltSeason of the previous cycle that the volume of negotiations for Altcoins reached its historical maximum. What can be interpreted as an indication that the current upward cycle has reached its final stage?.
This is because at the advanced stages of the bullish cycle, speculative interest is concentrated on more dangerous assets such as cryptocurrencies that precede the regular price adjustment period.
