‘Insane Bubble’ Coming to Crypto Assets Amid Memecoin Bottoming Phase, According to Economist Henrik Zeberg
Economist Henrik Zeberg is outlining the path forward for memecoins and the broader crypto market.
Starting with the wider crypto market, Zeberg tells his 174,400 followers on the social media platform X that the total market cap of crypto assets could increase by approximately 141% from the current level.
“I think it will reach a size of approximately $9 trillion before the top!
Insane Bubble – but let’s ride it.”
The total crypto market is at $3.73 trillion at time of writing.
Based on Zeberg’s chart, it appears he’s suggesting that the total crypto market cap is in a rising wedge pattern on the weekly time frame. It also appears that the economist is suggesting that the total crypto market cap is in the final…