Altcoin Market Cap Set for 350% Explosion As Technical Setup Forms: Glassnode Founders

The founders of the analytics platform Glassnode are predicting the altcoin market cap will surge by 350% after the recent correction. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say the alt market cap may be forming a similar 2021 structure when there was a sudden retracement followed by a massive bull run. The analysts use the Elliott Wave theory in their analysis, which states that an asset tends to …