DWF Labs founder sees altcoin bullishness in months to come

Andrei Grachev, co-founder of crypto market maker DWF Labs, said: “Altcoin dominance is at a level similar to the beginning of 2021 (14.45%), and Google search volume has been declining since March 2024. BTC's stable price is important from a trust perspective, but it can't go up 50x from now. But altcoins can. Once BTC stabilizes, we expect altcoins to get stronger in the coming months,” he wrote.