The era of selective altcoins has arrived…Surviving in the stable and meme coin market

Among altcoins, virtual assets that have attracted the interest of the institutional sector are expected to show positive trends. On the 8th, Cryptoquant CEO Joo Ki-young said,
"Selective altcoin season has arrived," he said on Twitter. "Currently, there are only a few altcoins that show a high correlation with Bitcoin," he said. "Ethereum is one of the few altcoins that show a high correlation with Bitcoin."
"However, coins that have been approved by institutional rights, stable coins, and meme coins have survived in the market," said CEO Ju.
Stablecoins are cryptocurrencies that are linked to fiat currencies in value to minimize price fluctuations.