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Altcoin Movement

Definition

An altcoin movement refers to a significant shift in the market value or adoption rate of cryptocurrencies other than Bitcoin. This phenomenon typically involves a coordinated or widespread increase in the price and trading volume of a group of altcoins, often driven by specific technological advancements, emerging use cases, or shifts in investor sentiment away from established assets. Understanding these movements is crucial for comprehending the dynamic nature of the digital asset landscape beyond the dominant cryptocurrency.