After the recent events in the cryptocurrency market, some complaints have started to arise, 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, has been accused of undermining the market by other altcoin owners.
However, cryptocurrency analyst il Capo released a statement on the subject.
The analyst, who said that many people were complaining about the issue, said that he thought differently. According to the analysis, such large movements bring new money and interest to the market, and this money usually flows into other ecosystems and movements in the cryptocurrency market. il Capo said that the recent Trump event could trigger a strong altcoin season.
The analyst warned against getting caught up in FOMO and said there was no reason to worry about losing trades.
In addition, il Capo announced today that it has added Ondo (ONDO) to its cryptocurrency portfolio.
* This is not investment advice.
