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Altcoin ‘wildfire’ inbound as trader shuts down bear market fears

cryptoweekly by cryptoweekly
May 28, 2025
in bitcoin, News
0

Speculation about altcoin season already ending was dismissed by a crypto trader who argues it hasn’t even properly kicked off yet.

A crypto trader has pushed back against claims that altcoin season is already over, arguing that it hasn’t even started yet, as many tokens are still near their local price bottoms.

“I don’t understand why people start claiming that a bear market is around the corner,” MN Trading Capital founder Michaël van de Poppe said in a May 28 X post.

“They are literally on the bottom,” van de Poppe added before stating that the “final easy 12-24 months are coming.” While many altcoins have posted gains over the past 30 days, they remain below their levels from the market uptrend until US President Donald Trump’s inauguration in January.

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Recent Posts
  • Asymmetric shifts funds strategy after investor posts losses on X
  • Ether emerges as winner after crypto’s ‘watershed moment’: Bitwise
  • Traditional companies enter the crypto treasury game with BTC, XRP and SOL buys
  • SOL price drop to $180 would be 'golden' entry before rally to new highs
  • Block joins S&P 500, bringing more Bitcoin exposure to equity index
  • Fate of crypto, CBDC bills unclear as US Congress heads into recess
  • Senate Ag Committee set to release a draft in September to explain the CFTC’s role in regulating crypto

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