Crypto Carnival: Altcoins Throw a Bash Worth $108B! 🎉💰

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On that fateful Thursday, the 18th of September, the Altcoin Season Index (ASI), that sprightly creature, emerged upon the stage, freshly invigorated by the U.S. Federal Reserve’s trimming of its rates. Like a peacock in all its glory, the ASI pranced about in the altcoin season’s grand promenade for an unprecedented eighth consecutive day. The crypto economy, in a gesture both audacious and bold, strutted ahead with a magnificent 2.62% increase; all the while, altcoins began their performance, dazzling spectators like fireflies at a summer soirée.

Altcoin Season in Full Bloom

Today, the ASI finds itself perched at a robust 80. With any figure above 75 indicating a veritable altcoin soirée, let us rejoice! For in the 24 hours since the Fed decided to graciously shave a quarter-point from its federal funds rate, alternative digital assets have taken center stage, basking in a delightful glow accompanied by a palpable market enthusiasm.

In a truly spectacular display, the entire crypto economy engorged itself with an astonishing $108 billion within a single day, transforming the market into a riotously colorful carnival of neon greens. Eigenlayer (EIGEN) took the lead, leaping with a flamboyant 26.86%; wormhole (W) teleported its way to a charming ascent of 25.35%, while immutable x (IMX) refined its elegance with a splendid 22.12% dash. Trust wallet token (TWT) shamelessly stuffed its pockets with 20.14%, and lo and behold, the long-forgotten FTX token (FTT) made a theatrical return, complete with dramatic twists and turns, rising by 19.96%.

Not to be outdone, Brett (BRETT) and pudgy penguins (PENGU) waddled upwards with remarkable vigor, whilst sun token (SUN) soaked up a radiant 15%. The grand finale saw spx6900 (SPX) and onyxcoin (XCN) closing theatrically with majestic double-digit lifts. If one dares to zoom out upon the week, IMX reigns supreme, adorned with a glorious 54.16%, while TOSHI comet-like soared skywards at 48.03%. PUMP lived up to its extravagant name, dashing forward with a splendid 43.49%; ATH, ever the diligent riser, ascended with a respectable 35.94%.

EIGEN, oh noble EIGEN, stacked an impressive 33.99%, with W vaulting through dimensions at 28.27%. MPLX, BIO, FTT, and XCN basked in steady gains of 19% to 23%, proving that this week was a veritable forest of double-digit sweets for the intrepid investor.

As for the monthly leaderboard, PUMP detonated upon the charts with a sensational 179.31% explosion, while ATH nearly doubled itself, achieving an impressive 98.12%. IP ticked o’er with a commendable 82.18%, MPLX accumulated with grace at 80.29%, and WLD paraded with a delightful 70.99%. CRO, in its delightful modesty, managed a blossoming 70.50%, while ULTIMA flaunted a charismatic 60.07% move.

IMX and OKB, those sprightly fellows, waltzed just beneath the 60% mark, whilst EIGEN gracefully concluded the evening with a flourish at 49.37%. Thus, since the commencement of this raucous month of September, altcoins have not merely rallied-they’ve thrown an extravagant block party, fireworks and confetti included, that would make even the most stoic of Russians chuckle. 🎊

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2025-09-18 22:06