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

• Crypto analyst “thescalpingpro” on X said the altcoin market cap is prepared to hit $750B.
• The bullish prediction follows a rise in altcoin prices despite a slowdown in Bitcoin’s price. 
•  CoinMarketCap data shows SOL and BNB recorded higher gains in the past seven days.

Amidst the sustained price resurgence, cryptocurrency trader and technical analyst on X (formerly Twitter) “thescalpingpro” shared that the altcoin market is set to see a higher upward trend. 

In the X post, 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. 

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. 

Additionally, alternative cryptocurrencies have also flipped Bitcoin at Open Interest (OI) rates, as reported earlier. In particular, Bitcoin’s OI rate dropped by 39% as of December 26. Conversely, altcoins…

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