News View Non-AMP

Identifying The Next Big Altcoin This Market Cycle

Published by
Anjali Belgaumkar

Cryptocurrency analyst Scott Melker recently had a conversation with Dan Tapiero, Founder of 1Roundtable Partners and the duo opened up about the current state of the market. Melker questioned Dan if a drop in the Federal Reserve’s interest rates from 5% to 3% could significantly boost Bitcoin’s price, possibly pushing it above $100,000. 

Melker said that without ETFs, Bitcoin might be trading between $35,000 and $45,000, but the ETF has driven it higher, creating the impression that the entire market should follow, which hasn’t happened for altcoins. 

Reacting to his statement, Dan said that the inflow of money from ETFs is substantial and ongoing, bringing $100 trillion worth of assets into the market. This makes it easier for a large pool of capital to be invested in Bitcoin, accelerating adoption. This new accessibility means there are now more buyers ready to support Bitcoin at various price levels, helping its growth.

Dan said that an Ethereum ETF could shift interest toward decentralized finance (DeFi) and potentially start a new altcoin season, although it might look different from past cycles. Some projects may not recover or perform as before. Ethereum’s success is important for driving excitement and investment in the broader crypto ecosystem.

Melker then said that the next big token in the market cycle is likely something new rather than existing well-known coins. The market tends to favor new, exciting projects, which often see dramatic price increases and declines.

Bitcoin and Ethereum are seen as core assets, while many other cryptocurrencies are more like venture projects. Some projects, especially those ranking around 30th or 40th in market cap, might be overvalued or even defunct, yet they still trade and hold value. 

Dan said, “I don’t know that like the alt season is not the be all and end all. I think Bitcoin and ETH are really the only core assets of the space. Solana is sort of transitioning that way, but the other cryptocurrencies—it’s incredible how much value they hold.”

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Teucrium CEO Slams Gary Gensler’s ETF U-Turn, Reveals Why He’s Backing XRP

In a recent interview, Sal Gilbertie, CEO of Teucrium Trading, opened up about his firm’s…

July 23, 2025

Jim Cramer Plans to Own Bitcoin and Ethereum as Hedge for His Kids

Jim Cramer revealed he intends to “own” Bitcoin and Ethereum to protect his children’s financial…

July 23, 2025

Ripple Price Prediction As SEC Approves And Pauses Bitwise ETF Holding XRP

The US Securities and Exchange Commission (SEC) recently made headlines by granting approval for Bitwise’s…

July 23, 2025

Square Launches Compact Mobile POS Terminal Square Handy in Japan

Square has launched Square Handy, a compact and durable mobile POS terminal designed for Japan’s…

July 23, 2025

U.S. Stablecoin Legislation Sparks Issuance Boom

New U.S. stablecoin legislation is driving a significant increase in stablecoin issuance from banks, asset…

July 23, 2025

Robinhood Launches Ethereum and Solana Staking for U.S. Investors

Robinhood has introduced staking for Ethereum (ETH) and Solana (SOL) to its U.S. customers, enabling…

July 23, 2025