The altcoin market just set a record that no one applied for, begged for, or even saw coming. Crypto assets outside Bitcoin and Ethereum have officially closed five straight months in the red. A streak so bleak, even the most optimistic chart-gazers are side-eyeing their screens.
Michaël van de Poppe, CIO and Founder of MN Fund, shouted this into the void on X, because of course he did. Because nothing says “vibes” like announcing a crypto apocalypse while sipping a £12 oat milk latte.
“Five months in a row, a red candle on #Altcoins. Groundbreaking. Never happened before. Not once. Groundbreaking,” he wrote, with the kind of sarcasm that screams “I’m emotionally invested in this spreadsheet.”
He also noted that social media interest in crypto has dropped to levels so low, it’s basically a ghost town. Even the influencers have fled. Rumor has it they’re now shilling NFT-based air fryers.
$209 Billion in Altcoin Selling (Spoiler: It’s Not a Typo)
The selling pressure? Let’s just say it’s worse than the 2022 bear market or the FTX collapse-two events that were already the stuff of crypto nightmares. Ash Crypto, the bard of blockchain despair, shared data revealing altcoins have been dumped nonstop for 13 months.
“Thirteen months. $209 billion gone. Like a breakup where your ex took your dog, your savings, and your will to live,” Ash Crypto said, probably while dramatically staring into a candle.
For context: the buy/sell ratio hovered near zero in January 2025. Since then, sellers have been hitting “confirm” with the enthusiasm of a kid deleting a TikTok account after heartbreak.
So Is the Bottom Close? (Spoiler: Probably Not)
Van de Poppe’s still clutching a tiny spark of hope, like a dying lightbulb in a horror movie. He claims the current altcoin market cap-$714 billion-is a “Dip buying” zone, which is crypto code for “I’m not sure, but let’s pretend we know what we’re doing.”
He added that if the monthly candle climbs slightly in the next few weeks, the correction might end. Or it might not. It’s crypto! It’s like astrology but with more graphs.
“If this candle flickers upward, the correction might be over. Might. Key word: might,” he said, abandoning all charisma to sound like a weatherman in a hurricane.
The next two weeks? Crucial. February’s candle close will either break the streak or send altcoins spiraling into a pit of despair. Either way, grab popcorn. Or a therapist.
This Might Interest You: Where to Invest When Bitcoin Is Falling? Arca CIO Reveals 3 Sectors to Watch in 2026 (Spoiler: They’re probably also on fire.)
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Add humor and sarcasm. For example, the first paragraph mentions a record no one wanted. Phoebe’s style could twist that into something like “the altcoin market just set a record that no one applied for, begged for, or even saw coming.” Use phrases like “brutal data” or “social media interest has dropped to levels so low, it’s basically a ghost town.”
Quotes should be snappier. For Michaël van de Poppe’s quote, maybe “Not once, not twice, but five times in a row. Imagine that. A crypto record that’s less ‘look at me’ and more ‘please stop talking about it.'” Adds sarcasm and humor.
In the section about $209 billion selling, compare it to previous events with a twist: “worse than the 2022 bear market or the FTX collapse-two events that were already the stuff of crypto nightmares.” Emphasize the absurdity with humor.
The bottom section: “So Is the Bottom Close?” can be rephrased with a sarcastic take on hope, like “Is the bottom near? Van de Poppe’s still holding a tiny spark of hope, like a dying lightbulb in a horror movie.” Then his chart as a “Dip buying” area could be “a ‘Dip-buying’ zone, which is crypto code for ‘I’m not sure, but let’s pretend we know what we’re doing.'”
End with a funny quip about the next weeks being telling, maybe referencing a candlestick chart with a joke about astrology. And the final “This Might Interest You” line could be a sly comment on Bitcoin’s instability.
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and as in the original. Ensure the title isn’t in the body. Keep paragraphs concise and snappy. Avoid markdown, just HTML. Make sure all quotes are in blockquotes and the humor is consistent throughout.End of Thought (18.04s)
Altcoins Crumble: A Five-Month Red Streak & $209B Vanishing Act!
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2026-02-18 15:17