Analysts indicate that the TOTAL2 market cap, which tracks the total market capitalization of altcoins excluding Bitcoin, has entered a significant accumulation phase. This development is seen as a precursor to a potential multi-month bullish cycle.
Among the altcoins showing strong investor interest are Ethena (ENA), CurveDAO (CRV), VeChain (VET), Optimism (OP), and Injective (INJ). These cryptocurrencies are noted for their technical resilience and are forecasted to have breakout potential exceeding 80% as market liquidity and sentiment improve.
Altcoins Set for Major Gains as TOTAL2 Enters Accumulation Phase
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