Is This Alt Season?

A lot of people don't know that many alts have been on a tear for the past 3 months. Binance Coin, BNB, is up a whopping 221% in 3 months, Litecoin, LTC, is up 103% and our own STEEM is up 61%. Bitcoin on the other hand is only up 13% over the same period. 

So is this Alt Season? Depends on what alts you are in. Many are down 20% over the same period, XEM, XLM, ZEC to name few. It's hard to say, but in Steem's case the development of games like @SteemMonsters, @Drugwars and @MagicDice have to be having an effect. I know the latter two have helped bring me back to the platform, nothing against Steem Monsters.

Binance is a beast and so many people are probably buying-in, in anticipation of CZ's future business plans. 

Litecoin is a mystery to be honest. Perhaps it is some sort of hedge in-case the Lightning Network doesn't pan out. Honestly if I didn't have my money in Bitcoin I would rather have it in EOS, TRON or ETH instead of LTC. The former 3 platforms all offer something other than just money. All 3 host gaming and TRON has stated they are going after the entertainment sector. In no way am I supporting these platforms/coins, just saying I think they are better short term investments.

Everyone is asking, "Have we bottomed?" "Is this alt season?" It appears that Asia is driving a lot of this. Coins from Asia are doing well, QTUM, NEO, etc. All I can say is we are closer to the end than the beginning and that makes me bullish. There is a good possibility we may have another dip before the bullrun, even so, I'm stacking now just incase.

What say you?