Understanding the Altcoin Growth Cycle Through the Total2 Lens

2023 - 2025: The Current Cycle Has Not Yet Broken Resistance

Currently, the altcoin market is in an important accumulation phase. Total2 (the market value of all altcoins excluding Bitcoin) is in an accumulation zone from $427 billion to $674 billion. Since hitting the bottom at $427 billion, the accumulation period has lasted 532 days, and there are still no signs of a strong breakout above the $674 billion threshold.

Based on historical patterns, if the pace of the previous two cycles is followed, Total2 may be about to break this resistance around June 2024, at which point the accumulation phase will extend beyond 700 days, consistent with market cyclical laws. The highest level that altcoins could reach in this cycle remains a big question mark.

2019 - 2021 Cycle: When Altcoins Increased 47 Times

Compared to the current phase, the 2019 - 2021 cycle truly demonstrated the strength of Total2. This period started from a low of $36 billion, then entered an accumulation phase from $36 billion to $119 billion that lasted 721 days.

In July 2020, Total2 surged past $119 billion and continued to spike. The peak was recorded in November 2021 at $1.707 trillion (or 1 quadrillion dollars). This means altcoins grew 47.41 times from the lowest point, and increased 14.3 times since surpassing the accumulation zone. This was an explosive boom that excited the altcoin investor community.

2015 - 2017 Cycle: The Foundation of the Altcoin Trend

Looking back, the first growth cycle of altcoins from 2015 to 2017 laid the foundation for the entire trend. Total2 started from an extremely low level of $3.9 million. The accumulation stretch lasted from $3.9 billion to $127 million, with an accumulation period of 784 days.

This watershed moment occurred in June 2016 when Total2 broke through $127 million. Afterwards, the altcoin market began a legendary rally, reaching a peak in January 2018 at $474 billion. A growth of 121,538 times from the lowest point is staggering, and a 3,731-fold increase from the resistance breakout point. This cycle gave birth to the legendary altcoin era.

Repeating Laws: The Roadmap for Investors

Looking at these three cycles, a clear pattern emerges: the accumulation phase lasts around 700 days, followed by a powerful explosion with growth from 14 times to 121 times. Total2 is not coincidental; it is a tool to assess the health of the entire altcoin ecosystem.

The current cycle of 2023 - 2025 is still in progress. If history continues to repeat itself, investors should closely watch the moment when Total2 surpasses the $674 billion mark, as this could be the beginning of a new chapter in the altcoin story.