Michaël van de Poppe, that most solemn of crypto seers, has pronounced doom upon the altcoin horde, citing their “structural underperformance” and “flawed token economics”-as if coins were ever meant to be structurally sound. One might think they were forged in the fires of a poet’s imagination, not a ledger.
In this season of uncertainty, where even the moon’s phases seem to mock crypto’s volatility, Van de Poppe warns that 2026 will be the year altcoins either ascend to crypto-heaven or vanish like a poorly coded smart contract. Some analysts, however, cling to the hope of a bull market, as if hoping a bear will suddenly sprout a halo and start doing yoga. 🐻🧘♂️
Van de Poppe, in a YouTube spectacle worthy of a Gogolian farce, declared that the myth of “altcoins always coming back” is a siren song luring investors to their doom. “This past year,” he lamented, “has been a harsh awakening-harsher than a hangover after a blockchain-themed rave in Dubai.” 🎉💥
“Most altcoins have plummeted 90%,” he declared, “and I fear they’ll never rise again-unless resurrection requires a 10,000-word whitepaper and a Twitter poll.” 📜🐦
Why, one might ask, do these tokens teeter on the brink? Van de Poppe, with the gravity of a man explaining why his dog ate his homework, cited “poor tokenomics” and “financial mismanagement.” Founders, he claimed, have “screwed up their tokenomics” with the finesse of a poet who forgot to rhyme. 🤷♂️
“The first reason most altcoins will perish,” he proclaimed, “is that founders have turned tokenomics into a circus act-complete with flamingos and bad decisions.” 🦩🎪
The current bear market, Van de Poppe noted, is the longest in crypto history-a marathon of despair. He likened it to the dot-com bubble, where “projects built on the internet’s early days vanished like socks in a dryer.” 🧦🔥
“After the dotcom crash,” he mused, “almost all those companies didn’t return. Why? Because the internet forgot them. Or perhaps it just got bored.” 🌐😴
Rapid technological progress, Van de Poppe argued, is a double-edged sword. Newer projects now outshine old ones like a Tesla versus a horse-drawn carriage. And what of the problems these altcoins aimed to solve? They’ve been rendered obsolete, like a fax machine in a TikTok world. 📞📱
“Neo in 2017?” Van de Poppe scoffed. “Now there are better solutions-like blockchain, but with fewer existential crises. Institutions, meanwhile, are here to clean up the mess, leaving small teams to drown in their own code.” 🧹💻
Yet, Van de Poppe admits, not all is lost. A select few altcoins-those with “rising on-chain activity” and “growing fee generation”-might survive. Arbitrum, Aave, and NEAR, he claims, are “the chosen ones,” like crypto’s version of the Chosen Few in a post-apocalyptic novel. 🧟♂️
“Arbitrum’s price is hitting lows,” he said, “but its ecosystem is booming. It’s the crypto equivalent of a phoenix-except it’s just a spreadsheet.” 🦄📊
In this grand crypto drama, the divide between survivors and casualties will widen. The shakeout, Van de Poppe predicts, will be brutal but necessary-like pruning a bonsai tree with a chainsaw. Yet, he insists, it will strengthen the industry by concentrating value in “resilient projects,” as if resilience were a quality you could buy at a crypto store. 🛒
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2025-12-30 13:00