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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
  • SEC dismisses lawsuit against Binance
  • Stablecoin payment volume reaches $94B, driven by B2B Transfers
  • Santander considers issuing stablecoin, retail crypto services
  • Bitcoin’s Coinbase premium goes on 20-day streak even as sellers push BTC price lower
  • US lawmakers introduce bipartisan regulatory framework for digital assets
  • DeepSeek releases upgraded AI model, claims parity with ChatGPT, Gemini
  • Kazakhstan to permit crypto payments in pilot mode

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