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Altcoin Season Roars: $108B Rally Turns September Into a Chart-Busting Fiesta

news.bitcoin.com

8 hour ago

Altcoin Season Roars: $108B Rally Turns September Into a Chart-Busting Fiesta

On Thursday, Sept. 18, fresh off the U.S. Federal Reserve’s rate trim, the Altcoin Season Index (ASI) strutted confidently in the altcoin season lane for the eighth day in a row. The crypto economy clocked a 2.62% daily lift, with altcoins stealing the spotlight in dazzling fashion. Altcoin Season Goes Full Tilt The ASI is parked at 80 today, and with anything north of 75 marking “altcoin season,” the streak is alive and well. In the 24 hours since the Fed shaved a quarter-point from the federal funds rate, alternative digital assets have soaked up the spotlight and plenty of market appetite. The entire crypto economy fattened up by $108 billion in the past day, and altcoins turned the market into a neon green carnival. Eigenlayer (EIGEN) strutted in first with a 26.86% hop, wormhole (W) teleported 25.35% higher, and immutable x (IMX) sharpened its rally with a 22.12% sprint. Trust wallet token (TWT) stuffed its pockets with 20.14%, and the once-buried FTX token (FTT) staged a soap-opera comeback at 19.96%. Brett (BRETT) and pudgy penguins (PENGU) waddled upward, while sun token (SUN) soaked up a sunny 15%. Spx6900 (SPX) and onyxcoin (XCN) wrapped the day with clean double-digit lifts. Zooming out a week, IMX wore the crown at 54.16%, while TOSHI blasted 48.03% skyward. PUMP lived up to its hype with a 43.49% sprint, and ATH climbed 35.94%. EIGEN stacked a cool 33.99%, with W portal-jumping 28.27%. MPLX, BIO, FTT, and XCN cruised with steady gains of 19% to 23%, proving the week was dripping with double-digit candy. On the monthly scoreboard, PUMP detonated the chart with a 179.31% blastoff, while ATH nearly doubled at 98.12%. IP clocked 82.18%, MPLX stacked 80.29%, and WLD posted 70.99%. CRO wasn’t shy either at 70.50%, and ULTIMA flexed with a 60.07% move. IMX and OKB cruised just under 60%, while EIGEN wrapped things at 49.37%. Since September kicked off, altcoins haven’t just rallied—they’ve been throwing a full-blown block party complete with fireworks and confetti.

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