Cryptocurrency analyst Kevin Svenson believes that an increase in the global money supply could trigger a rally in altcoins. He points out that previous altcoin rallies have occurred alongside an expansion in global liquidity, and with the current slow rise in the M2 money supply, altcoins may soon experience a breakout. Svenson predicts that altcoins could replicate the price action seen in the fourth quarter of 2024, potentially leading to a 190% increase in their market cap. He suggests that a target zone of around $730 billion could be reached, followed by a retest of the trend line and a steady uptrend with profit-taking at each new high.



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