- June has marked consistent altcoin market bottoms from 2020 to 2025, often followed by strong rallies in July.
- Chainlink, Ondo, and Aave show ties to Donald Trump’s crypto initiatives, drawing renewed investor interest.
- The MVRV Z-score remains far below historical top levels, indicating the market is not yet overheated.
More close examination of historical data shows that there is a recurring pattern where June typically corresponds to the major altcoin market bottoms in multiple years. This seasonal trend can be observed in market behavior during 2020 to 2025. Before summer, traders often sell off to de-gear, and the result is a temporary selloff. This exit activity results in June forming a low point before renewed accumulation begins in July.
Based on this trend, several decentralized finance (DeFi) tokens—each linked to recent political and regulatory developments—are drawing increased attention. Data from the Total3 chart, which excludes Bitcoin and Ethereum, shows a potential June 2025 bottom, consistent with similar points from previous years.
June Bottom Pattern Matches Multiple Cycles
The Total3 market cap chart shows June 2025 aligning closely with patterns seen in 2024, 2023, 2022, and even 2020. Each of those years experienced a significant recovery shortly after this period. Of interest, June 2022 ended a long downtrend and initiated the process of consolidation.
In 2023 and 2024, the altcoin market experienced price rallies in the weeks following June. Even 2021, which was slightly off course, still saw its low in July, retaining the overall mid-year pattern. Such repeated occurrences suggest that the current setup can be favorable to the same movement in July 2025.
Trump-Linked Tokens Draw Market Focus
In light of political developments, tokens with connections to Donald Trump have gained attention. Notably, the former president is reportedly considering an executive order to prevent banks from discriminating against crypto companies. Several crypto-related figures, including exchange operators and fund managers, maintain connections to both Trump and the broader DeFi ecosystem.
As a result, three DeFi tokens—Chainlink (LINK), Ondo (ONDO), and Aave (AAVE)—have come into focus. Chainlink co-founder Sergey Nazarov attended Trump’s crypto summit, offering a direct link to the administration. The token is currently down over 75% from its all-time high of over $50.
Ondo is also notable, having donated to Trump’s inauguration. Public filings from World Liberty Finance, a firm tied to Trump’s sons, show it holds $250,000 worth of ONDO. Aave is the third project, reportedly serving as a protocol layer within the infrastructure used by World Liberty Fi. It has dropped over 50% from peak prices of $600.
MVRV Z-Score Suggests Market Still Has Upside
Market Value to Realized Value (MVRV) Z-score analysis shows the market is well below prior peak zones. Historically, a Z-score above 7 to 9 has marked market tops. For instance, this metric crossed 9 during major peaks in 2013, 2017, and again during the last bull run.
Currently, the indicator remains far below that danger range. This data implies that most investors are still at break-even or in a loss position. In such zones, long-term accumulation often occurs, as traders expect higher prices ahead.
