“We do not believe that it is indicative of a long-term bull run. Quite the opposite,” said Guilhem Chaumont, CEO of crypto trading firm Flowdesk, in a Telegram message. “There is a regular pattern of crypto market uptrends with first, bitcoin going through a bull run, then major altcoins pumping, and finally, tokens with small market caps.
Trending
Avalanche (AVAX) And Monero (XMR) Poised for Bullish 2023, Orbeon Protocol...
Avalanche (AVAX) and Monero (XMR) are expected to have a bullish year in 2023, with AVAX recently seeing a small rally. Meanwhile, Orbeon Protocol...