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Altcoin season 'leg down will be ugly,' says venture capitalist
crypto :: 2024-12-09 :: source - cointelegraph
By Ciaran Lyons
The altcoin market has seen substantial gains since Donald Trump’s United States presidential victory, but a venture capitalist has warned of a potential near-term shakeout as institutional investors increase their profit-taking activity.
However, not all traders agree.
“Considering alt season tapped out for now,” Hartmann Capital managing partner Felix Hartmann said in a Dec. 7 X post.
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