The cryptocurrency market is expected to enter a phase of excitement as TOTAL3 approaches record highs

According to Odaily, anonymous cryptocurrency trader Daan Crypto Trades said in a Dec. 28 post that the market is expected to enter an "excitement" or "frenzy" phase once TOTAL3, the total market capitalization of all cryptocurrencies excluding Bitcoin and Ethereum, surpasses its historical peak of $1.13 trillion since 2021 and enters the pricing phase. According to TradingView, TOTAL3 currently stands at $962.78 billion, representing an approximate 91.45% increase since Jan. 1. Daan noted that as long as its trading price remains between about $840 billion and $1.1 trillion, market volatility is expected.

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