Press Enter to search · ESC to close

Crypto DeFi

Bankless Co-Founder David Hoffman Declares Altcoin Season as BTC Tops $81K

Bankless co-founder David Hoffman said on September 18 that altcoin season has begun and will arrive sooner than expected. Bitcoin broke above $81,000 and ETH topped $2,600, with UNI jumping nearly 35% in a day while ARB and NEAR gained over 20%. Hoffman disclosed he sold his ETH in May and rotated into VVV, NEAR, ZEC, HYPE and LIT, all of which have since outperformed ETH.

Original source

AI take

Hoffman's call carries weight less as a forecast than as a positioning signal: he has already rotated out of ETH into a basket of smaller tokens, so his public thesis and his book now point the same direction. That matters for sentiment, since prominent voices declaring altseason can pull retail flow toward the very assets he holds. The honest caveat is that this is one investor's disclosed allocation, not a market-wide rotation. Whether breadth holds beyond a handful of sharp daily moves, or fades once Bitcoin's climb stalls, is the open question.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback