The absence of retail investor will delay the arrival of altcoin season, and zone rotation may replace the general rise.

BlockBeats News, on February 14, according to Cointelegraph, encryption analysts pointed out that although the price of some altcoinTokens has risen, the number of daily active wallets has not risen, indicating that AltCoin is still in the "speculative" stage and is still far from the rise of altcoin. According to TradingView data, AltCoin's total market cap, which excludes the top 10 tokens, is still near a three-month low of $277 billion, down more than 44% from its peak of $492 billion on November 10, 2021. For example, when the price of Algorand (ALGO) Token was about $0.28 on February 10, the number of daily active WalletAddresses dropped to 182,000, while when ALGO hit an all-time high of $1.46 on December 20, 2021, its active WalletAddresses exceeded 1.31 million. The number of daily active addresses on the LINK network fell to 3,860 on Feb. 10, compared to 11,200 on May 3, 2021, when LINK hit an all-time high of $46.71. Nicolai Sondergaard, research analyst at blockchain analytics platform Nansen, said, "AltCoin season is still here, but in a different form. At present, the number of tokens is larger and more dispersed, and although most of them rise, the specific tracks and tokenrises will far exceed the rest of the zones." Despite the high risk and lack of fundamentals, Meme Coin dominates retail investor speculation with the potential for quick profits.