So, there’s this guy, Kevin Svenson. Apparently he predicted Bitcoin would go “up,” which, congrats, very insightful. 🙄 He now thinks the real action is going to be in altcoins, and not just any altcoins – the tiny, little, “low-cap” ones. You know, the ones your cousin told you about at Thanksgiving and you pretended to understand.
He’s telling his 83,900 YouTube subscribers (which, honestly, is like a small city) that Ethereum needs to hit a new high, and then these little altcoins will finally have their moment. It’s like waiting for Beyoncé to finish her opening number before the backup dancers get to shine. A lot of pressure, honestly.
Apparently, the “OTHERS” chart- which is…the rest of the crypto world- historically goes bonkers when Ethereum does. Apparently its a whole thing. He says the Fed being slightly less scary is helping, which is good, because frankly, crypto and scary financial policy don’t mix. It’s like pairing socks with sandals. Just…no.
He basically thinks we’re about to be treated to a “quickening” – that’s his word, not mine. It sounds like a movie title. A really niche movie title about crypto. The move is likely to be “faster than most people expect”, because according to Kevin, if it isn’t fast, it is boring.
“Once Ethereum breaks its all-time high, I think very quickly these low-cap coins are going to swing back up with a lot of velocity with a slight delay.” Translation: Buy Ethereum first, then maybe, just maybe, those other coins will follow. But don’t blame him if they don’t. 🤷♀️
And, as of right now, Ethereum is at $4,779 and OTHERS is…well, it’s a number. $310.277 billion, if you’re keeping score. Which, let’s be real, most of us aren’t.
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2025-08-24 12:02