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Crypto trader Justin Bennett told his 109,600 Twitter followers that the altcoin markets, with the exception of Bitcoin (BTC), are poised for explosive growth.
In October, the altcoin market cap chart is poised for something big.
Of all, Bennett singled out the Ethereum (ETH) altcoin leading by market capitalization, as well as VeChain (VET) blockchain, which is popular among corporations.
VeChain is a blockchain smart contract platform for enterprises. It offers services to improve product lifecycle management and data certification. Smart contracts on VeChain move value through VET transactions.
Altcoin was at the peak of last year’s bear market, but then headed down, like most of the altcoin market.
At this range low, coupled with the falling wedge since August, VET looks increasingly attractive. Possible range play in October, says Bennett.
A few hours later, Bennett published another graph confirming his hypothesis.
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