Altcoins Poised for Growth

🟨Crypto analyst Kevin Svenson believes the peak growth of altcoins is yet to come. According to him, the TOTAL3 index, which reflects the capitalization of all cryptocurrencies except BTC, ETH, and stablecoins, could rise to $2 trillion. The analyst highlights that the key moment will occur in the 40th week after Bitcoin’s halving, i.e., at the end of January 2025.

🟨Svenson also predicts a decline in Bitcoin dominance (BTC.D) to 42% over the next six months, creating favorable conditions for altcoins to take the lead. Investors are advised to monitor TOTAL3 and BTC.D to seize potential opportunities.