It is with no small measure of astonishment that I report the esteemed Scottie Pippen, a gentleman of considerable repute in the realm of basketball, has taken to the social network X to impart his most optimistic predictions regarding the cryptocurrency market. Indeed, he has proclaimed the imminent arrival of what he dubs “the largest altcoin season” to commence this very week. How thrilling! 🎉
Mr. Pippen, a figure of some notoriety in the crypto community, has been known to suggest that the illustrious Satoshi himself pays him nocturnal visits to discuss matters of great import whilst he slumbers. One can only imagine the delightful conversations that ensue! 😴💭
“The Grand Altcoin Season Approaches!”
In a recent missive, the venerable NBA veteran declared, based on a rather dubious “rumour,” that the most significant altcoin season in the annals of history is set to unfurl its wings on the 20th of April, a Sunday, no less. He has taken it upon himself to enlighten us that, historically speaking, such seasons tend to commence approximately 340 days subsequent to the Bitcoin halving. How very scientific! 📊
It is worth noting that the most recent halving transpired on the very same date last year, marking the fourth such event in the Bitcoin saga. At that time, the reward for miners was halved, reducing their bounty from 6.25 to a mere 3.125 BTC. One can only imagine the dismay of those miners! 😱
Rumor is 👀 the biggest #Altseason kicks off on April 20 🚨
Historically, alt season sparks ~340 days after the Bitcoin Halving
I’m BULLish on $ETH but maybe that’s because I’m building @Game5Ball on it 🏀🔥 Multichain soon? Stay tuned.Drop your favorite ALTs in the comments
— Scottie Pippen (@ScottiePippen) April 18, 2025
This event holds considerable significance for the global crypto community, as halvings serve to diminish the supply of Bitcoin, thereby enhancing its scarcity. Prior to the halving, in the January of yore, the SEC did grant approval for the launch of spot Bitcoin ETFs, which have since embarked upon a vigorous accumulation of Bitcoin to underpin their shares. How industrious! 💼
These two occurrences—the advent of the ETFs and the Bitcoin halving—were anticipated to serve as formidable catalysts for the price of Bitcoin last year. Gradually, thanks to the ETFs, the circulation of BTC has been significantly curtailed, as they have begun to absorb vast sums of Bitcoin daily. The largest ETF, BlackRock’s IBIT, currently boasts a staggering 570,000 BTC. One can only wonder how they manage such a feat! 🤔
“I Am Most Bullish on ETH,” Proclaims Scottie Pippen, to the Agreement of Justin Sun
In his discourse regarding the forthcoming altcoin season, the basketball luminary also expressed his bullish sentiments towards the second largest cryptocurrency, Ethereum. However, he did confess that he is in the process of constructing his own crypto project, which intriguingly involves AI, gaming, and real-world assets. How ambitious! 🎮
ETH is currently at a low price, but we have no intention of selling our ETH holdings. Tron will continue to seek opportunities to collaborate with more Ethereum developers and build our industry together.
— H.E. Justin Sun 🍌 (@justinsuntron) April 17, 2025
Justin Sun, the founder of Tron and a gentleman of considerable wealth, has echoed similar sentiments regarding Mr. Buterin’s brainchild. In a recent tweet, he assured the public that Tron has no intention of divesting its ETH holdings and will persist in seeking collaborative opportunities with Ethereum developers. How delightful it is to witness such camaraderie in the world of cryptocurrency! 🤝
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2025-04-18 13:49