## Altcoin Season in September: Trading Volume Increases
The market capitalization of alternative cryptocurrencies is only a few percent from the last high. Some signs cause analysts to assume that September finally brings the long-awaited old coin season.
Several reasons indicate that the old coin season has entered its acceleration phase, in which almost every old coin purchase could bring profit. What are these signs? below are the most critically importent observations and explanations.
### Altcoin season in September: Commercial volume increases
Analyst Maartunn recently [noted](https://x.com/JA_Maartun/status/1966079784867475913) that the retail volume of old coins rose in September while the volume of BTC and ETH decreased. This rare signal confirms that capital flows into old coins.
Cryptoquant data also show that the proportion of Altcoin-Spotvolumens rose in September, while the shares of ETH and BTC have dropped. Specifically, old coins made up 37.2 percent, while ETH and BTC made up 31.8 percent and 30.9 percent.
> “AltSeason notes? The Ethereum Spot volume has dropped last week while the old coin volume has risen,” said Maartun.
The decline in the ETH volume content fits the well-known capital rotation cycle.Capital typically begins with the increase in Bitcoin, flows into ETH and accelerates into a wide range of altcoin.
Market [added](https://x.com/JA_Maartun/status/1966170223721247032) that 8 out of 10 indicators in the Bull/bear score from Cryptoquant are now Bärisch for Bitcoin.
Altcoin Season Intensifies: Liquidity Surge and New Listings fuel Rally
Table of Contents
The cryptocurrency market is experiencing a renewed surge in activity, particularly within the altcoin sector. A combination of increased liquidity, fresh exchange listings, and a growing “fear of missing out” (FOMO) among retail investors is driving prices upward. This current rally differs from previous cycles due to the lack of established past resistance levels, meaning the potential upside is largely dependent on investor sentiment.
The Rise of “Old Coins” and Investor Trust
A notable trend in this altcoin season is the resurgence of older, previously overlooked cryptocurrencies. Increased attention and trading volume are bolstering investor confidence in these “old coins.” The absence of pre-defined resistance levels creates a unique dynamic. Unlike newer projects with price histories to analyze, the upper limit of this rally is primarily dictated by the intensity of FOMO among smaller investors. This can lead to rapid and possibly volatile price movements.
Rising Liquidity and New Listings
september witnessed a notable increase in new altcoin listings across major cryptocurrency exchanges, further fueling the market’s momentum. This influx of listings boosts liquidity, attracts speculative trading, and amplifies trading volumes, creating a positive feedback loop that accelerates the altcoin season.
here’s a breakdown of recent listings on key exchanges:
* Upbit: Aggressively expanded its offerings, adding tokens almost daily, including Linea, Pump, Holo, Open, WLD, Flock, and Red. This strategy appears aimed at maintaining its dominant market share of approximately 50.6%, compared to Bithumb’s 46%. https://www.coingecko.com/exchanges
* Bithumb: Listed eul, Wlfi, Linea, and Pump, attempting to capitalize on the growing altcoin interest.
* Coinbase: Added KMNO, Dolo, Layer, SPX, AWE, and Wlfi to its platform, broadening its altcoin selection. https://beincrypto.com/coinbase-lists-kmno-dolo-layer-altcoins/
These listings not only provide increased access to these altcoins but also contribute to their overall legitimacy and market visibility.
Key Takeaways
* Altcoin Season is in Full Swing: Increased liquidity and new exchange listings are driving significant price increases in the altcoin market.
* “Old Coins” are gaining Traction: Previously overlooked cryptocurrencies are experiencing renewed investor interest.
* FOMO is a Major Factor: The lack of historical resistance levels means price movements are heavily influenced by investor sentiment.
* exchange Competition is Intensifying: Upbit, Bithumb, and Coinbase are actively competing to attract traders with new listings.
Looking Ahead
The current altcoin rally shows no signs of slowing down in the immediate future. However, investors should exercise caution and conduct thorough research before investing in any cryptocurrency, especially those experiencing rapid price increases. The volatile nature of the market, coupled with the influence of FOMO, means that corrections are always possible. Monitoring exchange listings, liquidity levels, and overall market sentiment will be crucial for navigating this dynamic landscape.