Dark Defender Sets $23.26 Trillion Target for Total Crypto Market Cap
His Elliott Wave chart marks the level as a Wave 3 target and shows a Wave 4 pullback followed by Wave 5. Its projections extend through 2031.

Crypto analyst Dark Defender’s Elliott Wave chart places a $23.26 trillion target on the total crypto market cap during an unfinished Wave 3, outlining a long-range scenario for the broader market.
“Crypto Total Market Cap is still targeting $23 trillion. Lives are about to change,” Dark Defender (@DefendDark) wrote in an X post Monday, Oct. 26.
The chart marks $23.26 trillion at a 161.8% Fibonacci extension. It shows a pullback labeled Wave 4 after Wave 3 completes, followed by a final Wave 5. Another chart level, $82.67 trillion, is marked at a 200% extension.
The graphic begins with market-cap history from 2014 and carries its projections through 2031. TokenPost previously covered Dark Defender’s conditional double-digit XRP call tied to a break above $1.56.