Forget the doom and gloom, altcoin season is not over, it’s barely even kicked off! That’s the bold claim from Michaël van de Poppe, founder of MN Trading Capital, who’s calling out the naysayers on May 27 via X.

Sure, many altcoins have rallied in the last 30 days, but are still playing catch-up compared to their prices before Trump’s January inauguration. Take Solana (SOL), which gained 17.84% in 30 days, trading at $174.17, but is still down 32% since January 19. XRP climbed 1.98% to $2.31 but remains 29.35% below January 19 levels.

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Solana hit a record peak of $261 on January 19, coinciding with the debut of the Official Trump coin. Source: CoinMarketCap

Van de Poppe’s optimism comes as Bitcoin (BTC) traders get twitchy after hitting a $111,970 all-time high with seven straight green weeks. Some expect a pullback.

Altcoins Ready to Explode While Bitcoin Holds the Throne

But other crypto gurus agree with van de Poppe’s bullish vibes. Davinci Jeremie says altcoins will “turn into a wildfire soon,” and trader Moustache insists, “altseason isn’t just a meme—it’s coming, ladies and gentlemen.”

Many are watching Ethereum (ETH) closely since alt season often follows ETH outperforming BTC. The ETH/BTC ratio recently jumped 26.74% in 30 days to 0.02430, hinting at a potential altcoin rally.

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The ETH/BTC ratio is up 26.74% over the past 30 days. Source: TradingView

Still, CoinMarketCap’s Altcoin Season Index, tracking top 100 altcoins vs. Bitcoin over 90 days, says Bitcoin’s winning with a low score of 24 out of 100.

Leading the charge in gains? Fartcoin (FARTCOIN) skyrocketed 316.72%, Four (FORM) shot up 148.15%, and Virtuals Protocol (VIRTUAL) rose 107.47% in the last 90 days.

So, altcoin skeptics, buckle up: the party might just be getting started.

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