A crypto expert who predicted the end of Bitcoin’s 2021 rally believes the altcoin market is poised for a major surge.
Altcoin Market Cap to Skyrocket
The analyst, known as Pentoshi, tracks the TOTAL3 chart, which excludes Bitcoin, Ethereum, and stablecoins. He predicts a meteoric rise of over 264% in the total market cap of altcoins, from its current level of $548 billion.
Altcoin Season Yet to Come
Pentoshi emphasizes that the recent crypto rally has primarily benefited Bitcoin, and a true altcoin season is still in its early stages. He expects the top performers to continue their dominance.
Promising Crypto Subsectors
Pentoshi identifies two crypto subsectors that he believes will outpace the market:
- AI (Artificial Intelligence)
- Gaming
He notes that these sectors are driven by popular and passionate communities, which contribute to their success.
