Tag: Altcoins

85% Of Altcoins In “Opportunity Zone,” Santiment Reveals

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The on-chain analytics firm Santiment has revealed that over 85% of all altcoins in the sector are currently in the historical “opportunity zone.” MVRV Would Suggest Most Altcoins Are Ready For A Bounce In a new post on X, Santiment discussed how the altcoin market looks based on their MVRV ratio model. The “Market Value to Realized Value (MVRV) ratio” is a popular on-chain indicator that compares the market cap of Bitcoin against its realized cap. The market cap here is the usual total valuation of the asset’s circulating supply…

Are Altcoins Cooling Off? Analyst Weighs In On This Cycle’s Market

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Many investors expressed worries about the crypto market corrections during this cycle. Bitcoin’s price drop has dragged altcoins with them, and, as a result, a more pessimistic sentiment has started to brew among some sectors of the crypto community. Analysts and traders have reassured investors that the market fluctuations are a normal part of the journey. Some urge the community to look at the bigger picture, as altcoins remain above levels not seen in years. Renowned crypto analyst Altcoin Sherpa weighed in on the matter, exploring some of the reasons…

Crypto Analyst Unveils Top 10 BTCfi Altcoins Post-Halving

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As the community prepares for the much-anticipated fourth halving set for April 19, 2024, the buzz around Bitcoin-based projects is reaching a fever pitch. Crypto influencer Leshka.eth, with a following of over 128,500 on X (formerly Twitter), has identified a set of altcoins under the Bitcoin financial ecosystem (BTCfi) that could see significant gains post-halving. Crypto Analyst Shares His Top-10 BTCfi Altcoins Leshka.eth told his 128,500 followers on X (formerly Twitter) about the potential of various projects in the BTCfi landscape. He remarked, “The countdown to BTC halving ends in…

Crypto Analyst Says Don’t Buy Altcoins Just Yet

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Crypto analyst Crypto Banter has provided insights on whether or not it is the right time to buy altcoins. Specifically, the analyst had reservations about the idea that it was best to buy altcoins that showed quick recovery after a market decline like the one experienced over the weekend. Not The Best Time To Buy Altcoins In a live video on his YouTube channel, Crypto Banter warned crypto investors against “sheepishly” buying altcoins, especially crypto tokens that recovered quickly after the flush. He claimed that anyone who buys these tokens…

Bitcoin, Altcoins Price Decline As Crypto Liquidations Approaches $900 Million In The Past Day

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The crypto market took an unexpected hit on April 12 as a spontaneous decline in the price of Bitcoin and prominent altcoins resulted in massive liquidations. The origin of this widespread price dip remains largely unknown, among a plethora of plausible reasons, including a recent price correction in the US stock markets. Almost $500 Million Liquidated In An Hour Amidst Crypto Flash Crash According to data from CoinMarketCap, Bitcoin slipped by 4.49% in the last day, falling as low as $66,052. As expected, BTC’s decline reverberated through the market, with…

Crypto Analyst Unveils Top Altcoins For Biggest Returns This Cycle

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In a detailed analysis shared on X, Miles Deutscher, a renowned crypto analyst, cast a spotlight on the burgeoning sector of Real World Assets (RWA) within the crypto market. Deutscher’s discourse comes in the wake of BlackRock’s groundbreaking venture into tokenized funds, signaling a seismic shift in the digital asset landscape. With projections indicating that tokenized assets are poised to reach a valuation of $10 trillion by 2030, Deutscher’s enthusiasm is palpable. “If you’re still sleeping on this sector, now is the time to wake up,” he declares, laying the…

Altcoins Set For Explosive Growth With Potential 1,000x Returns

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A renowned crypto trader and analyst has recently shared bold predictions regarding the future of the cryptocurrency market. In a comprehensive analysis, Crypto Busy has pointed towards a potential boom in alternative cryptocurrencies (altcoins), suggesting the possibility of significant gains in the near future. According to him, altcoins could experience remarkable growth, with the potential for values to multiply by up to 1,000 times. Altcoins: Historical Trends & Market Dynamics Crypto Busy’s analysis draws upon historical observations of the cryptocurrency market, particularly during previous bullish phases. Notably, fluctuations in Bitcoin’s…

Is It Time for Altcoins to Shine? Analyst Predicts Shift in Crypto Dynamics

Throughout this week, while bitcoin and ethereum have been consolidating, vibrant discussions about the elusive ‘Altcoin Season’ have intensified across forums and social media platforms like X. Some anticipate that a rally among altcoins is on the horizon, even though the Altcoin Season Index still suggests it is “not Altcoin Season.” Altcoin Season Index Inches […] Source CryptoX Portal