#TOTAL2 #Analysis
Description
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The altcoin market cap experienced a significant drop from $1.2 trillion to $845 billion, and the current chart indicates that it is hovering around the support zone. This drop was anticipated following a substantial increase from $500 billion to $1.2 trillion, representing a more than 100% surge in the overall altcoin market cap. It is expected that the overall altcoin market cap will rebound from this support zone, with the next target being $1.7 trillion.
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