Bankless co-founder David Hoffman said in a post on X that the market has already entered altcoin season and that the real move arrived earlier than he had expected. Hoffman said he exited his ETH position on May 21 and then bought VVV, NEAR, ZEC, HYPE, and LIT. According to his post, all of those positions are now outperforming ETH. The remarks were cited by ChainCatcher in a short market update. No additional performance figures were disclosed in the source, but the post framed Hoffman’s portfolio shift as a successful rotation away from Ether and into a basket of alternative tokens.
Bankless co-founder David Hoffman said in a post on X that 「we are already in altcoin season, and the real market moment came earlier than expected」.
Hoffman said he fully exited ETH on May 21. He later bought VVV, NEAR, ZEC, HYPE, and LIT, and said all of those positions are now significantly outperforming ETH.
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