Future

Coin

<ul class="news-points"> 
 <li>Kaiko market research platform released its latest analysis of the future of altcoins.</li> 
 <li>The altcoin trade volumes metric has significantly dropped from its all-time high.</li> 
 <li>Historical data associated such a situation with preceding a mini bull run.</li> 
</ul> 
Kaiko, a leading market data offering and research platform, has released its latest analysis of the future of altcoins. According to the research platform, there is still a long way to go before the altcoin trade volumes metric reaches the level of previous bull runs. 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Missed our July analyst call on 'The Future of Altcoins'? Fear not! A recording is now live<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/2M8pEvCJZY" target="_blank" rel="noopener noreferrer nofollow">https://t.co/2M8pEvCJZY</a>— Kaiko (@KaikoData) <a href="https://twitter.com/KaikoData/status/1683871582333071361?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 25, 2023</a> 
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In a recent video, Clara Medalie, director of research at Kaiko, observed a significant drop in altcoin trade volume. From the data displayed, she explained that the current altcoins trade volume is about one-third of the value in Q1, 2023. According to Medalie, the altcoins’ trade volume fell to its lowest level in the past few years before the <a href="https://coinedition.com/ripple-ceo-brad-garlinghouse-is-overwhelmed-by-landmark-xrp-victory/" rel="noopener noreferrer nofollow">Ripple ruling</a> caused a slight spike in volume, leading prices to surge for a few altcoins. 
Despite the significant drop in altcoins trade volume from the 20… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/fading-altcoin-trade-volume-calm-before-a-mini-bull-run/">Fading Altcoin Trade Volume: Calm Before a Mini Bull Run?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Fading Altcoin Trade Volume: Calm Before a Mini Bull Run?

Coin Edition

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