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

cryptoweekly by cryptoweekly
May 28, 2025
in Altcoins, 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
  • Sharplink Gaming’s expanded $6B share offering could buy 1% of ETH
  • GENIUS Act heads to Trump’s desk: Here’s what will change
  • Satoshi-era Bitcoin whale shifts second 40K BTC pile to Galaxy Digital
  • Dave Portnoy dumped his XRP two weeks ago: ‘I want to cry’
  • Crypto market cap nears $4T, just behind the biggest company in the world
  • BTC Digital ditches Bitcoin for Ethereum in ‘transformative’ shift
  • Ether rockets 47% in a month as hedge fund says ‘rapid reversal’ unlikely

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