Global Money Supply Expansion Could Trigger Altcoin Rally
- Cryptocurrency analyst Kevin Svenson suggests a rise in global money supply could boost altcoins.
- Svenson notes past altcoin rallies coincided with significant increases in global liquidity.
- The M2 money supply is showing signs of growth, potentially leading to a breakout.
- Svenson predicts the market cap of altcoins could increase by approximately 190%.
- A potential target for altcoin market cap is around $730 billion, a new all-time high.
Kevin Svenson highlights that an increase in global liquidity, as indicated by the rising M2 money supply, may catalyze a significant rally in the altcoin market, possibly reaching a market cap of $730 billion.
Source (2.6)https://dailyhodl.com/2025/03/06/this-catalyst-is-exactly-what-altcoins-need-to-start-doing-something-for-real-says-analyst-kevin-svenson/?rand=59076
