After the recent events in the cryptocurrency market, some objections have begun to rise, especially from altcoin owners.
As is known, the new President of the United States, Donald Trump, launched his own memecoin and this altcoin took the market by storm. TRUMP, which is the 16th largest cryptocurrency in the world at the time of writing, is accused of diluting the market by other altcoin owners.
However, cryptocurrency analyst il Capo released a statement on the subject.
The analyst, who reported that many people complained about the issue, said that he thinks differently. According to the analyst, such big moves bring fresh money and interest to the market, and this cash usually flows into other ecosystems and trends in the cryptocurrency market. il Capo claimed that the recent Trump incident could trigger a solid altcoin season.
The analyst warned against getting caught up in FOMO and added that there was no point in fretting over missed trades.
In addition, il Capo also announced today that it has added Ondo (ONDO) to its cryptocurrency portfolio.
*This is not investment advice.
