Santiment: Low 'alt season' mentions on social media historically precede rallies

Mentions of an "alt season" on social media are currently at extremely low levels, a phase that has often preceded altcoin rallies in the past, according to crypto on-chain analytics firm Santiment. In a post on X, Santiment explained that a high volume of social media activity related to an "alt season" generally tends to coincide with price peaks. Conversely, when mentions are at their lowest, it is common for large-scale holders to begin driving prices up. However, the firm cautioned that a lack of interest in altcoins does not necessarily lead to a price surge.