Accumulation Period and Surge
Trader Jason Pizzino predicts that the altcoin market, excluding Bitcoin, Ethereum, and stablecoins, will reach new all-time highs in early 2025. He bases this on a similar accumulation period and parabolic surge observed in the last cycle from late 2018 to early 2021.
Timeline
Pizzino suggests that the altcoin market cap could drop to $400 billion before rallying to over $1 trillion by early next year. He believes that the current market fears will subside by quarter four of 2024.
Current Market Value
As of writing, the total altcoin market cap stands at $597 billion. Pizzino’s prediction implies a potential drop before a significant recovery.
Disclaimer
It’s important to note that this prediction is based on market analysis and should not be considered investment advice. Investors should conduct their own research before making any investment decisions.
