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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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  • Pump.fun and its founder hit in X account suspension blitz
  • Alex Mashinsky won’t get a piece of Celsius’ bankruptcy pie, judge says
  • Arthur Hayes says to trade new stablecoin IPOs like a ‘hot potato’
  • Optimism targets decentralization with ‘season 8’ governance revamp
  • 9GAG founder’s MemeStrategy gains 29% after first Solana buy
  • Paradigm urges jury clarity in Roman Storm’s Tornado Cash case
  • Bitcoin dips amid reports Trump has called advisers to situation room

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