Altcoin seasons are over, expect ‘non-traditional’ cycles ahead: Bitwise exec
The altcoins with “real world” traction and application will be the winners of the next altcoin season, says Bitwise’s Matt Hougan.
Altcoins with real-world traction and applications will be the winners of the next altcoin season, according to Bitwise investment chief Matt Hougan.
The euphoric altcoin seasons in which almost every cryptocurrency rises across the market are probably not coming back, Hougan said.
“I think that game is over. I think we’ll see a non-traditional altcoin season,” he said in an interview on Wednesday. “An altcoin season that rewards assets with real-world traction and applications.”