Real Vision's cryptocurrency analyst Jamie Coutts stated that he expects a recovery in the altcoin market as of June.
In a live broadcast of X on April 3, Coutts, speaking with Real Vision co-founder Raoul Pal, said, "We may see a broad-based rally in altcoins once again. However, I'm not sure if this movement will be a sustained rally lasting 6 to 12 months." The analyst claimed that active network usage triggers prices, which is why altcoins with strong fundamentals will experience a more pronounced recovery.
Coutts stated that investors should use network activity as a guide by looking at which projects have seen an increase in network activity, and added that he expects a rise in the altcoin market within the next two months: "I expect altcoins to regain momentum by June. This situation is based on the prediction that Bitcoin will reach its all-time high by that date."
According to Coutts, this rise will only encompass projects that have real benefits and strong network activity.
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Analyst's June claim: "These altcoins may gain momentum"
Real Vision's cryptocurrency analyst Jamie Coutts stated that he expects a recovery in the altcoin market as of June.
In a live broadcast of X on April 3, Coutts, speaking with Real Vision co-founder Raoul Pal, said, "We may see a broad-based rally in altcoins once again. However, I'm not sure if this movement will be a sustained rally lasting 6 to 12 months." The analyst claimed that active network usage triggers prices, which is why altcoins with strong fundamentals will experience a more pronounced recovery.
Coutts stated that investors should use network activity as a guide by looking at which projects have seen an increase in network activity, and added that he expects a rise in the altcoin market within the next two months: "I expect altcoins to regain momentum by June. This situation is based on the prediction that Bitcoin will reach its all-time high by that date."
According to Coutts, this rise will only encompass projects that have real benefits and strong network activity.
Published: April 4, 2025 18:29