One cryptocurrency strategist who successfully ended the 2021 Bitcoin (BTC) bull market believes that the altcoin market's big rally has only just begun.
The pseudonymous analyst Pentoshi tells his 755,100 followers on the social media platform
According to the cryptocurrency analyst, he sees the total market capitalization of all altcoins (TOTAL3) skyrocketing by more than 264% from its current level of around $548 billion.
“Yes, we haven't seen anything yet. We can see this potentially when all is said and done, this cycle amounts to a few trillion [dollars]. We're not even close to new highs yet. But we do see winners in this cycle, who should theoretically have a lot more upside.
analyst Highlights The recent bullish moves in cryptocurrency markets have mostly focused on Bitcoin and the true altcoin season has yet to emerge.
“Brothers, you realize that if you look at the total replacement market cap, we haven't even had a replacement season this cycle and the top performers will continue to be the top performers.”
When talking about the best performing companies, Pintucci mentions two sub-sectors of crypto sectors Believes You will outperform the rest of the market.
“AI (Artificial Intelligence) + Games. An easy thesis that people love and are excited about continues to do well.
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