🔷 The founder of MN Trading, Michaël van de Poppe, believes that altcoins will soon demonstrate growth. He argues this by pointing out that the latest meeting of the U.S. Federal Reserve was the most “hawkish” of the year.
🔷 The expert also highlights the cyclical nature of the cryptocurrency market, using Chainlink as an example. After a correction in the first half of 2022, the coin grew by 120% in the second half of the year. A similar pattern occurred in 2023. The investor notes that the same trend is being observed this year, with a significant downward movement in altcoins.
🔷 Michaël van de Poppe emphasized that for altcoins to begin growing, an ETH-ETF needs to be launched in the U.S. Once this happens, altcoins are expected to experience rapid growth.