Altcoins Could See Up to 1,000x Returns Post-Pullback, Analyst Predicts

Altcoins could deliver returns ranging from 10x to 1000x after the latest market pullback, according to analyst Matthew Hyland. He compared the June sell-off with March 2020 and argued that many alts could recover within months rather than years.

Hyland Compares June Altcoin Pullback to 2020 Hyland made the comparison on August 21, arguing that June was essentially an altcoin equivalent of the March 2020 market collapse.

He pointed to Ethereum, Cardano, and other tokens as examples of assets that could deliver outsized gains if his comparison plays out.

“IMO you will see 10x-1000x returns from the maximum opportunity over the past few months the same way you did from the March 2020 prices,” the analyst wrote.