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Altcoin

Is Altcoin Season Here?

11 Nov 2024by CryptoJazz Admin1 min read61 views
Is Altcoin Season Here?

🟣According to the head of MN Consultancy, Ethereum’s recent consolidation above $3,100 signals the start of a long-awaited altcoin season following Bitcoin’s all-time high. Analyst Michaël van de Poppe highlighted Ethereum’s impressive gain of over 10% and a $50 million inflow into ETH-ETFs within a day following Donald Trump’s election as President of the United States.

🟣The MN Consultancy head believes that this altcoin uptrend could extend until 2026–2027, potentially evolving into a full-fledged supercycle due to increased market liquidity and a heightened appetite for risk.

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