Crypto Analyst Says Altcoin Season Is Coming, Outlines Path Forward for Sui and Pengu
A widely followed crypto analyst says that altcoin season is around the corner while updating his outlook on Sui Network (SUI) and Pudgy Penguins (PENGU). In a new thread, pseudonymous crypto trader Kaleo tells his 724,500 followers on X that naysayers are wrong to assert that this cycle won’t have an altcoin season and that it should kick off once retail investors jump into the market again, though no specific dates were mentioned. “We really have not had a new wave of retail yet. I don’t care what people say, we’ve had institutional interest so far and people have used that as the reason for why the top is in already, and for why this cycle won’t truly have a true altseason and for why things are different this time around. I fully disagree. I do not see after everything that has happened from a regulatory perspective that we don’t see a reignition of alts the way that we have in other cycles. At the end of the day, I love Bit...