Altcoins Rip Higher, but One Brutal Metric Kills the Altseason Hype
·2 min read
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While bitcoin has ripped 23.6% higher over the last seven days and ethereum has blasted 31.2%, the real fireworks have been deeper down the board, where Pump.fun’s PUMP has exploded 99% and Ethena’s ENA has ripped 98.57%.
Key facts
Ethereum (ETH) is coasting around $2,452 per unit, but despite outperforming BTC lately, it still needs to climb 50.4% to reclaim its $4,946 ATH
Worldwide Google queries for “altcoin” currently score 26 out of 100 over the past 12 months, according to Google Trends
The scoreboard is simple: if 75% of the top 50 coins outperform bitcoin over 90 days, the market officially enters Altcoin Season
While bitcoin has ripped 23.6% higher over the last seven days and ethereum has blasted 31.2%, the real fireworks have been deeper down the board, where Pump
Summary
Bitcoin jumped 23.6% this week, while PUMP and ENA nearly doubled. ZEC gained 75.15% as most altcoins remained far below their prior peaks. Google’s “altcoin” score sits at 26, signaling Altseason 3.0 mania remains absent. Hundreds of billions have poured back into the crypto market, while bitcoin’s explosive run to nearly $80,000 has been impossible to ignore.