{"id":7586,"date":"2025-04-27T10:56:58","date_gmt":"2025-04-27T09:56:58","guid":{"rendered":"https:\/\/kriptodnevnik.com\/?p=7586"},"modified":"2025-04-27T10:56:58","modified_gmt":"2025-04-27T09:56:58","slug":"vedran-vukman-what-awaits-us-in-2025-a-super-cycle-or-market-purge","status":"publish","type":"post","link":"https:\/\/sputnet.com.ng\/dnevnik\/2025\/04\/27\/vedran-vukman-what-awaits-us-in-2025-a-super-cycle-or-market-purge\/","title":{"rendered":"Vedran Vukman: What Awaits Us in 2025 \u2013 A Super Cycle or Market Purge?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">In a market as volatile and sentiment-driven as crypto, experience and a data-driven approach often make the crucial difference between success and failure. As the industry moves deeper into 2025, questions loom over whether we are entering a new golden era for crypto, or if the ecosystem is headed for a massive reset.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To help navigate these uncertain times, we turn to Vedran Vukman, CEO of Revuto and a seasoned crypto investor since 2017. In a special commentary for Kripto Dnevnik, Vedran shares his personal view on market cycles, Bitcoin dominance, the behavior of altcoins, and what might lie ahead for 2025.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The market is finally in the green, <a href=\"https:\/\/x.com\/hashtag\/Btc?src=hash&amp;ref_src=twsrc%5Etfw\">#Btc<\/a> is pumping and slowly going its own way&#8230;Alt season is ahead of us, we just need patience&#8230;<a href=\"https:\/\/x.com\/hashtag\/TRUMP?src=hash&amp;ref_src=twsrc%5Etfw\">#TRUMP<\/a> LOWER TARIFFS, we are also waiting for the <a href=\"https:\/\/x.com\/hashtag\/FED?src=hash&amp;ref_src=twsrc%5Etfw\">#FED<\/a>, if it is positive and settles down, we are going strong..\ud83d\ude80\ud83c\udf11\ud83c\udfaf<br>27 May <a href=\"https:\/\/x.com\/hashtag\/Revuto?src=hash&amp;ref_src=twsrc%5Etfw\">#Revuto<\/a> unleashes\u2026 <a href=\"https:\/\/t.co\/rfIM0v5mmx\">pic.twitter.com\/rfIM0v5mmx<\/a><\/p>&mdash; Vedran Revuto FAN (@Vedran13938514) <a href=\"https:\/\/x.com\/Vedran13938514\/status\/1915705183729787153?ref_src=twsrc%5Etfw\">April 25, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Drawing from over seven years of hands-on experience, Vedran emphasizes that Bitcoin dominance remains the key indicator for understanding crypto market dynamics.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>&#8220;As an investor active since early 2017, I rely heavily on the Bitcoin Dominance (BTC.d) chart to understand where we are in the cycle. Historically, green periods on the BTC.d chart signal short-lived bull cycles, often lasting about a month,&#8221; Vukman explains. &#8220;However, these &#8216;crypto crazes&#8217; \u2014 when the entire market rallies \u2014 are not perfectly aligned with Bitcoin\u2019s longer bull cycles.&#8221;<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since Bitcoin&#8217;s all-time high of $68,000 in late 2021, the market has been on a prolonged journey of recovery and redefinition. Despite bearish narratives, Bitcoin has climbed from $16,500 (November 2022) back to historic strength \u2014 but the broader market story remains more complex.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to Vedran, all crypto cycles including altcoin booms and busts \u2014 can be read through the lens of Bitcoin dominance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>&#8220;Back in early 2017, BTC.d was above 90% because there weren\u2019t many alternatives apart from Ethereum. Over the year, BTC dominance fell to around 40%, signaling the beginning of a new crypto winter,&#8221; he recalls. &#8220;It was the era of ICOs \u2014 projects like Dash, NEO, NEM, BCH, Monero, EOS, IOTA, ADA, and XRP were launched, and the excitement around altcoins was unprecedented.&#8221;<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors, fueled by opportunity and greed, moved capital from Bitcoin into lower-cap coins, seeking bigger and faster returns.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>&#8220;Moving just a small fraction of Bitcoin\u2019s market cap into a low-cap coin could trigger massive price increases. This behavior attracted a type of investor focused solely on quick profits \u2014 the so-called &#8216;paper hands&#8217; \u2014 who often sparked rapid sell-offs when momentum slowed,&#8221; Vedran notes.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Today, however, the dynamics seem different.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>&#8220;BTC.d is still rising, and it&#8217;s astonishing considering the size of the current market cap,&#8221; he says. &#8220;Unlike in 2017, when Bitcoin dominance started dropping at around 70%, we haven\u2019t seen a similar shift yet.<\/em><em><br><\/em><em> Did Bitcoin ETFs change the flow of capital? Did meme coins and political events ruin Q1 and Q2? Or maybe altcoins simply won\u2019t shine in this cycle? These are the critical questions.&#8221;<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Looking back, Vedran points out that crypto has historically experienced two major altcoin collapses \u2014 one in early 2018 and another in early 2022 \u2014 each marking the onset of extended bear markets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>&#8220;Crypto winters are periods when fear dominates, Bitcoin regains dominance, and liquidity concentrates again. Later, when Bitcoin dominance falls sharply, it usually signals the beginning of a new altcoin season,&#8221; he explains.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As we look ahead toward 2025, Vedran outlines two potential paths for the crypto industry:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>&#8220;In my humble opinion, two scenarios are possible:<\/em><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><em>We are entering a kind of super cycle, and the biggest crypto craze yet is still ahead of us.<\/em><em><br><\/em><\/li>\n\n\n\n<li><em>Bitcoin will dominate this cycle, and the market will begin to purge projects that have no real business model \u2014 which unfortunately applies to more than 99% of all crypto projects.&#8221;<\/em><em><br><\/em><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">He warns that even if a super cycle occurs, a reckoning is inevitable:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>&#8220;Greed is an unstoppable force, and altcoins represent a huge opportunity. But eventually, unsustainable projects will collapse. Most crypto projects today survive on hype and FOMO, not fundamentals. This is not unusual in business \u2014 the majority of startups fail \u2014 and crypto will be no different.&#8221;<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In closing, Vedran offers a stark but realistic reminder:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>&#8220;Even if we experience the biggest rally yet, be prepared for a major awakening. Most tokens and projects will not survive in the long run.&#8221;<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As 2025 approaches, investors face a critical juncture. Whether we are on the brink of unprecedented growth or a long-overdue correction, one thing is certain \u2014 understanding the underlying market mechanisms will be more important than ever.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At Kripto Dnevnik, we\u2019ll continue to bring you the voices shaping the future of crypto.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a market as volatile and sentiment-driven as crypto, experience and a data-driven approach often make the crucial difference between [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7587,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[11],"tags":[811,812,813],"class_list":["post-7586","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editorial","tag-revuto","tag-vedran-vukman","tag-vukman"],"_links":{"self":[{"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/posts\/7586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/comments?post=7586"}],"version-history":[{"count":0,"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/posts\/7586\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/media\/7587"}],"wp:attachment":[{"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/media?parent=7586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/categories?post=7586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sputnet.com.ng\/dnevnik\/wp-json\/wp\/v2\/tags?post=7586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}