"Large-cap altcoins to lead before Bitcoin"… Institutional buying to shape the next bull run
Original headline"비트코인보다 대형 알트코인이 먼저"…기관 매수세가 가를 다음 상승장
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Canary Capital CEO Stephen McClellug predicts that the next cryptocurrency rally will be led by large-cap altcoins backed by institutional buying, with Bitcoin following later. He identifies institutional demand via ETFs and corporate treasury holdings as the primary market driver, favoring protocols with active development and real transaction volume. This outlook suggests a shift away from broad market rallies toward concentrated gains in assets demonstrating tangible utility and tokenization demand. Investors should monitor institutional inflows into specific high-activity protocols rather than assuming uniform price appreciation across the sector. The analysis highlights that assets lacking significant on-chain activity may underperform despite broader market optimism.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Stephen McCullogh, Canary Capital, Altcoins, Bitcoin (BTC)
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