In April, top crypto narratives and tokens gained ground against BTC
The post In April, top crypto narratives and tokens gained ground against BTC appeared on BitcoinEthereumNews.com. Several crypto narratives have reawakened in the past month, making gains relative to Bitcoin (BTC). Despite the sluggish altcoin season, several classes of tokens showed they still appealed to traders. Several leading narratives recovered in April, showing relative strength against Bitcoin (BTC). While in Q1, most narratives had much lower returns relative to BTC, the past month saw clusters of activity, with whales and smart money flowing back into multiple token categories. BTC consolidated at $94,320.07, for now pausing its rally to recover $100,000. The sideways BTC trading led to more active meme activity and demand for alternative narratives. The start of Q2 marked a shift to a stealth altcoin season. While the Altcoin Season Index hovered near its lower range at 12 points, whales were back accumulating tokens near their all-time lows. The altcoin season index shifted direction in the past week. | Source: Altcoin Season Index The accumulation of tokens and the consolidation of BTC have ended the recent Bitcoin season, heading into potential outperformance for memes, RWA, and even L2 and L1 assets. The BTC dominance is still at 61.7%, though altcoins are consolidating and not showing signs of capitulation. While there are no more all-out altcoin seasons, several sectors are growing their user base, producing significant daily fees. The index has since then recovered to 31 points within days, as momentum spilled over into the new month. For now, legacy coins and tokens are still not rallying, but newer assets and memes are posting fast recoveries. AI agents and meme tokens turn into top crypto narratives for April AI agents and meme tokens are the most notable narratives flashing a leading signal. Other narratives, like RWA, are still lagging, with a slower recovery in the past 30 days. Previously lagging narratives like Web3 gaming are also…
The post In April, top crypto narratives and tokens gained ground against BTC appeared on BitcoinEthereumNews.com.
Several crypto narratives have reawakened in the past month, making gains relative to Bitcoin (BTC). Despite the sluggish altcoin season, several classes of tokens showed they still appealed to traders. Several leading narratives recovered in April, showing relative strength against Bitcoin (BTC). While in Q1, most narratives had much lower returns relative to BTC, the past month saw clusters of activity, with whales and smart money flowing back into multiple token categories. BTC consolidated at $94,320.07, for now pausing its rally to recover $100,000. The sideways BTC trading led to more active meme activity and demand for alternative narratives. The start of Q2 marked a shift to a stealth altcoin season. While the Altcoin Season Index hovered near its lower range at 12 points, whales were back accumulating tokens near their all-time lows. The altcoin season index shifted direction in the past week. | Source: Altcoin Season Index The accumulation of tokens and the consolidation of BTC have ended the recent Bitcoin season, heading into potential outperformance for memes, RWA, and even L2 and L1 assets. The BTC dominance is still at 61.7%, though altcoins are consolidating and not showing signs of capitulation. While there are no more all-out altcoin seasons, several sectors are growing their user base, producing significant daily fees. The index has since then recovered to 31 points within days, as momentum spilled over into the new month. For now, legacy coins and tokens are still not rallying, but newer assets and memes are posting fast recoveries. AI agents and meme tokens turn into top crypto narratives for April AI agents and meme tokens are the most notable narratives flashing a leading signal. Other narratives, like RWA, are still lagging, with a slower recovery in the past 30 days. Previously lagging narratives like Web3 gaming are also…
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