• The TIE research results revealed decreasing interest in altcoins.
  • The analysts looked into mainstream media and Twitter posts.

Those who waited for the alt season might be disappointed. Mention of altcoins in the headlines of the media fell to record lows, according to the recent research conducted by The TIE.

“After surging between June and September to an all-time high, mentions of altcoins and altseason in crypto headlines have quickly crashed to an all-time low,” they wrote in a recent tweet.

Notably, this figure was growing strongly from June 2019 and hit the highest point in September 2019.

The analysts of The TIE scanned over 100 headlines from various media outlets, including The New York Times, CoinDesk and the Financial Times.

They also monitored posts on Twitter and concluded that users of the social network have been discussing altcoins less frequently.

“The data doesn’t look good for anything right now” - The TIE Co-Founder, Joshua Frank, said, emphasizing the alarm bells in crypto sentiment data.

The expert noted that Tweet volumes on altcoins dropped by 80-90%, singling the fading interest towards these assets among retail traders. 

Notably, in the end of August, some experts believed that the altcoin season might have been just around the corner. However, looks like something went wrong. 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Bitcoin Price Forecast: Bitcoin BitMEX shorts liquidations explode as price climbs to $9,600

Bitcoin price rallied from levels under $9,200 to touch $9,600 barely a day after Goldman Sachs branded it a non-asset class. Investors around the world appear to be joining the market ...

More Bitcoin News

Ripple Price Analysis: XRP/USD charts bearish cross patten

XRP/USD continued its bullish domination as the price went up slightly from $0.1979 to  $0.1982. Presently, the price has peeked above the green Ichimoku cloud, while it has found resistance at ...

More Ripple News

Ethereum Classic Chart: ETC/USD gains 4% in the Asian session on Friday

Ethereum Classic is leading the cryptocurrency in recovery after posting gains of more than 4% on the day. The rest of the cryptocurrency market is mixed red and green. For example, Bitcoin is ...

More Ethereum Classic News

Tezos Price Analysis: XTZ breaks out of the triangle pattern on the hourly chart

Tezos has been trading higher on Thursday as most of the crypto majors trade in the black. The price recently converged into a triangle formation making lower high waves and higher low waves.

More Tezos News


Bitcoin Weekly Forecast: BTC bulls are nowhere to be seen

Bitcoin attempted a recovery towards $10,000 but ended up at $9,100. The first digital asset printed the second red candle on a weekly chart. It is an alarming signal for the long-term bull as BTC may be vulnerable to deeper losses.

Read the weekly forecast