According to Pentoshi on Twitter, the 2017-2018 period marked an S-tier altcoin cycle, with traders witnessing rapid 200% gains from simple project updates, highlighting extreme volatility and opportunity for short-term trading strategies (source: @Pentosh1, May 30, 2025). The 2020-2021 cycle, rated A-tier, was fueled by unprecedented fiscal stimulus and Covid-19 lockdowns, during which 40% of all USD in circulation was printed, significantly boosting crypto liquidity and driving another round of major altcoin rallies (source: @Pentosh1, May 30, 2025). For today’s traders, understanding these historic cycles is crucial for timing entries and exits, especially as macroeconomic shifts and monetary policy continue to influence crypto market dynamics.

According to Dan Held, on May 22, 2010, Hanyecz Laszlo made the first ever Bitcoin transaction by purchasing two Papa Johns pizzas for 10,000 BTC, a sum now valued at $1.2 billion. This historic event, known as Bitcoin Pizza Day, underscores the exponential appreciation of Bitcoin and emphasizes the long-term value of holding BTC (HODLing). For traders, this milestone serves as a powerful reminder of Bitcoin’s potential for dramatic price appreciation and the importance of patience in crypto investment strategies (source: Dan Held on Twitter).