Andrei Grachev, Managing Partner of DWF Labs, stated on the X platform that some media outlets' reports of his previous statement that "altcoins will never rise" are false information. He indicated that the market is currently in an activation and expansion phase, advising investors to pay attention to actual market performance and reminding them not to blindly trust media reports, but to rely on original information sources for judgment. Previously, he disclosed that he had increased his holdings of altcoins, Bitcoin, and BNB in February of this year, and planned to wait for a market rebound.