Billion

<ul class="news-points"> 
 <li>Crypto analyst “thescalpingpro” on X said the altcoin market cap is prepared to hit $750B.</li> 
 <li>The bullish prediction follows a rise in altcoin prices despite a slowdown in Bitcoin’s price.&nbsp;</li> 
 <li>&nbsp;CoinMarketCap data shows SOL and BNB recorded higher gains in the past seven days.</li> 
</ul> 
Amidst the sustained price resurgence, <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/">cryptocurrency</a> trader and technical analyst on X (formerly Twitter) “thescalpingpro” shared that the altcoin market is set to see a higher upward trend.&nbsp; 
In the <a href="https://x.com/thescalpingpro/status/1739687355941069024?s=20" target="_blank" rel="nofollow">X post</a>, the analyst referenced a chart that shows that Altcoin’s market capitalization currently stands at $509 billion. Per his analysis, the analyst pointed at a potential pump that could see the market cap rise to a staggering $750 billion.&nbsp; 
Meanwhile, the analyst’s expectations mirror growing positive sentiments in the altcoin markets. Since the start of the Bitcoin-ETF-fueled rally, major altcoins have attained new yearly highs alongside increased investor activity.&nbsp; 
Additionally, alternative cryptocurrencies have also flipped Bitcoin at Open Interest (OI) rates, as <a href="https://coinedition.com/solana-xrp-and-dogecoin-lead-open-interest-charge-among-altcoins/">reported</a> earlier. In particular, Bitcoin’s OI rate dropped by 39% as of December 26. Conversely, altcoins…
The post <a href="https://coinedition.com/crypto-analyst-says-altcoin-market-cap-set-to-hit-750-billion/">Crypto Analyst Says Altcoin Market Cap Set to Hit $750 Billion</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Crypto Analyst Says Altcoin Market Cap Set to Hit $750 Billion

Coin Edition

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