Google Trends data shows that interest in "altcoins" began to climb in early November after Trump won the election, with searches today approaching a peak of 100.
The surge in searches for "altcoins" marks a reversal from January 2022 to November 2023, when interest fell to a five-year low of 5 before rebounding to 21 in December 2023.
In addition, the Altcoin Season Index on CoinMarketCap rose to 89 on Wednesday, indicating that altcoins have increased their share of the market relative to Bitcoin. The index tracks the performance of the top 100 crypto assets by market capitalization (excluding stablecoins and wrapped tokens) over 90 days, and a reading of 75 or more confirms the arrival of the Altcoin Season. (CryptoBriefing)