Altcoin Carnage Ahead? 99% Could Be Wiped Out, Analyst Says

Analyst Michael van de Poppe warns of a sweeping altcoin purge — saying roughly 99% of altcoins are headed to zero — even as he remains broadly bullish on crypto’s future. Bitcoin dominance near 57% is cited as a warning that capital is rotating into BTC and out of smaller tokens, a pattern that could trigger extended altcoin weakness. Van de Poppe highlights select survivors (Bitcoin, Ethereum, Aave) and flags Arbitrum as a buy-the-dip opportunity near $0.16. He also sees more upside for Bitcoin with a new-high target near $77,000, while other analysts (Our Crypto Talk) urge caution until technical conditions (20/50-day SMA crossover) are met. Net market impact: potential broad altcoin selloff and capital concentration into BTC and large-cap DeFi/ETH, increasing short-term downside risk for smaller tokens during the ongoing basing phase.