Altcoin season delayed due to early focus on memecoins, lack of momentum for alternative coins.

From Cointelegraph
August 30, 2024 02:07 AM:

A crypto analyst believes the delay in altcoin season is due to traders prematurely investing in memecoins. This has resulted in a lack of momentum for alternative coins in the market.

Read more at Cointelegraph: Altcoin season hasn’t arrived because everyone jumped ‘straight to the punchline’