Crypto analyst Michaël van de Poppe made noteworthy assessments regarding the altcoin market. Van de Poppe argued that widespread “altcoin seasons” seen in past cycles may not happen again, suggesting that most altcoins in the market will eventually disappear.
According to the analyst, many projects in the crypto ecosystem lack a real use case, and a significant portion of tokens are used solely to generate income for founders, venture capital firms (VCs), or market makers. Van de Poppe stated that this is the “hard reality” of the market, but it shouldn’t be seen as a negative development.
Van de Poppe stated that, in the long run, only projects developed by innovative teams and capable of directly adding value to the ecosystem will survive. The analyst said that sustainability in the token economy is only possible with models that provide value transfer to the ecosystem.
Van de Poppe stated that altcoin investments have become much more complex compared to the past, and that only about 1% of the tokens on the market offer truly meaningful use cases. Therefore, he noted, investors need to be much more selective, adding that projects lacking strong fundamentals may disappear from the market in the long run.
Van de Poppe also stated that the final phase of the cycle should be awaited for altcoins to regain strong momentum. According to the analyst, if a large-scale altcoin rally occurs, it is most likely expected to happen in late 2027 or 2028.
*This is not investment advice.