Bitcoin consolidation stage, altcoins are in a strong momentum

PEPE coins soared 17%, reaching $1.34 billion in trading volume, ranking among the best-performing altcoins. The altcoin quarterly index is 42/100, heralding the arrival of the “bitcoin quarter”, however, many altcoins, such as PEPE (up 31.77% in 90 days), have shown strong momentum. The rotation of funds from Bitcoin to altcoins, and the growing interest in meme tokens and decentralized applications, has driven this trend together. Despite the large market volatility, the attractiveness of altcoins is increasing as the market continues to diversify.