Bitcoin Cash

Civic

Rally

Love

Mask Network

<p>The post <a rel="nofollow" href="https://coinpedia.org/altcoin/altcoin-market-prepares-for-q4-2023-relief-rally-amidst-increased-on-chain-activity/">Altcoins Poised for Q4 Relief Rally: New Coins Are the Ones to Watch!</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>After several months of volatile and uncertain trading, the <a href="https://coinpedia.org/price-analysis/crypto-market-prediction-ada-xrp-and-bnb-price-expected-to-decline-soon/">altcoin market</a> is poised for a welcome relief rally in the fourth quarter of 2023. This optimism is fueled by the anticipation of crypto traders looking to capitalize on profits during the end-of-year festivities, leading to a surge in overall trade volume. </p> 
<p>What’s interesting is that some lesser-known altcoins, quietly building their product offerings during the winter months, are projected to outperform their more renowned counterparts.</p> 
<h2 class="wp-block-heading" id="h-altcoins-on-the-rise">Altcoins on the Rise</h2> 
<p>According to insights from Santiment, a prominent crypto market intelligence platform, several altcoins have recently experienced a significant surge in on-chain address activity. </p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> Despite markets cooling off for a 2nd consecutive day, several <a href="https://twitter.com/hashtag/altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#altcoins</a> are seeing rises in the amount of unique addresses interacting on their networks. Keep an eye on <a href="https://twitter.com/search?q=%24BCH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BCH</a>, <a href="https://twitter.com/search?q=%24SLP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SLP</a>, <a href="https://twitter.com/search?q=%24MASK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MASK</a>, <a href="https://twitter.com/search?q=%24LEVER&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$LEVER</a>, &amp; <a href="https://twitter.com/search?q=%24CVC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$CVC</a>. Also, <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw">#crypto</a>'s top <a href="https://twitter.com/hashtag/stablecoin?src=hash&amp;ref_src=twsrc%5Etfw">#stablecoin</a>, <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$USDT</a>. <a href="https://t.co/DDsQFKVCoz">https://t.co/DDsQFKVCoz</a> <a href="https://t.co/x5vfwabMml">pic.twitter.com/x5vfwabMml</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1709397572430025214?ref_src=twsrc%5Etfw">October 4, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>As October brought about a much-anticipated bullish sentiment among crypto enthusiasts, Santiment observed a substantial uptick in demand for the following altcoins:</p> 
<ol> 
 <li><strong>Bitcoin Cash (BCH)</strong></li> 
 <li><strong>Smooth Love Portion (SLP)</strong></li> 
 <li><strong>Mask Network ($MASK)</strong></li> 
 <li><strong>LeverFi ($LEVER)</strong></li> 
 <li><strong>Civic (CVC)</strong></li> 
</ol> 
<p>Increased on-chain address activity is a clear indicator of heightened utility, often accompanied by more frequent price breakouts.</p> 
<p>This Might Interest You: <a href="https://coinpedia.org/altcoin/top-altcoins-to-watch-in-october-bitcoin-cash-bch-chainlink-link-and-maker-mkr-might-trigger-uptober/">Top Altcoins To Watch In October: Bitcoin Cash (BCH), Chainlink (LINK) And Maker (MKR) Might Trigger ‘Uptober’</a></p> 
<h2 class="wp-block-heading" id="tether-usdt-sees-growth">Tether USDT Sees Growth</h2> 
<p>In addition to the surge in on-chain activity for select altcoins, Santiment has also highlighted a remarkable surge in demand for the leading stablecoin, <a href="https://coinpedia.org/news/tethers-new-rules-in-singapore-what-it-means-for-crypto/">Tether (USDT)</a>. According to the latest data from the crypto market, Tether USDT boasts a market capitalization of approximately $83.2 billion and a daily trading volume of nearly $19.1 billion—nearly three times higher than that of Bitcoin. </p> 
<p>This substantial increase in Tether USDT volume, occurring during a bullish phase in the crypto market, is often seen as a sign of fresh capital flowing into the industry.</p> 
<p>Also Read: <a href="https://coinpedia.org/news/tethers-u-turn-why-the-stablecoin-giant-is-back-in-the-lending-game/">Tether’s U-Turn: Why the Stablecoin Giant Is Back in the Lending Game?</a></p>

Altcoins Poised for Q4 Relief Rally: New Coins Are the Ones to Watch!

Table of Contents

CoinPedia News

Other articles published on Oct 4, 2023

Bitcoin May Not Sustain $27K As Network Becomes Overvalued, Indicated By 5-Year High NVT Signal

AT&T stock: Will T Stock Price Break the Level of 200 EMA?

Lawyers of Sam Bankman-Fried Confronts Proposed Jury Questions

📢 Announcement for SelfKey iD Users: SelfKey DAO’s Bug Bounty Has Begun!

Thailand FinTech Festival: A Phenomenal Showcase, Uniting the FinTech Sector’s Leading Innovators

Bitcoin is added to the Cosmos network by ecosystem developers.

Join our free newsletter for daily crypto updates!