It could be but the problem is, with the idea of an alt season, one is holding the premise that there is just a rotation of money from BTC to alts and back.

That might have been the case years ago but I think we are in a different era. There is money flowing in as well as major development. We are seeing a lot of tokens dropping, some that get major value. UNI and SUSHI are examples of that. Hell there was another token dropped today for those who owned a coin that many seem very high on (I dont follow it so cant really say).

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