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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
  • Bitcoin price stabilizes and rallies amid regional conflicts, data shows
  • Coinbase is seeking SEC approval for ‘tokenized equities’ — Report
  • Solana Foundation, Bitget Wallet join Ondo Finance’s ‘market alliance’
  • The crypto fund domicile decision: EU or the UK?
  • How Michael Saylor’s Strategy became the largest Bitcoin holder
  • Bitcoin threatens $104K 'rug pull' as trader says major move yet to come
  • Flare Network bridges XRP to DeFi to unlock dormant liquidity

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