What are Total 1, Total 2, Total 3?
Total 1 is an index that measures the total value of Crypto market capitalization
Total 2 is an index measuring total Crypto market capitalization excluding Bitcoin
Total 3 is an index measuring total Crypto market capitalization excluding Bitcoin and Ethereum.
=> You can rely on Total 2 to evaluate the growth of Altcoin and Ethereum.
=> Total 3 is the main capitalization of Altcoin representing Altcoin Season.
Total 2's growth from previous seasons
Year cycle 2015 - 2017
Altcoin capitalization at its lowest was $3.9B.
Total 2 took 784 days to accumulate and peaked in January 2018 at $474 billion.
=> So Total 2 in this cycle increased 121,538x compared to the lowest time. And increased 3,731x compared to the highest point of the accumulation zone.
Year cycle 2019 - 2021
Lowest capitalization was $36B
The cumulative time of total 2 is about 721 days and peaked in November 2021 at $1,707 billion.
=> This cycle Total 2 has increased 47.41x compared to the lowest point. And increased 14.3x compared to the point of breaking out of the accumulation zone.
Current cycle 2023 - 2025
The lowest level is $427 billion.
Currently Total 2 has accumulated 532 days.
👉 If history repeats itself, it is possible that Total2 will break the accumulation zone in July 2024 to have over 700 days of accumulation like the previous two cycles.
👉 If the total 2 "Breaks ATH", Altcoin will be pumped incredibly and that will be a sign of an uptrend, opening up a bull run for the coming season.
It is necessary that you clearly understand these important indicators to help you earn more income
Good luck
