Bitcoin

DeFi

ALEX Lab

Clearpool

Oraichain

The post <a href="https://coinpedia.org/news/top-three-altcoins-to-stack-when-bitcoin-hits-reverse-and-marches-towards-70k/" rel="noopener noreferrer nofollow">Top Three Altcoins to Stack When Bitcoin Hits Reverse and Marches Towards $70k</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
As the month of September begins, there needs no reminder of the usual struggle associated with it. September has almost always designated a negative period for the cryptocurrency market. Normally, however, Q4 turns out to be profitable.&nbsp;
However, with Bitcoin tumbling below $57000, the sentiment has already turned negative. Nevertheless, looking ahead towards Korea Blockchain Week, the broader altcoin market could become bullish. In the cryptocurrency market, capital tends to flow in a specific sequence: Bitcoin leads, followed by large-cap altcoins, and then small-cap altcoins. As Bitcoin moves, so does the rest of the market.
Now as we wait for Bitcoin to hit reverse and accelerate towards new ATHs, <a href="https://www.youtube.com/watch?v=68xTqYnVlQs" rel="noopener noreferrer nofollow">analyst Altcoin Buzz </a>has listed three altcoins to stack in September.&nbsp;
Coin 1: Oraichain
Oraichain is a Layer 1 blockchain and an AI oracle integrated into the Cosmos IBC framework. It has LLM layer and DeFi lens and is gradually helping reinvent itself as a new AI and DeFi player. Keeping these points in mind, it helps explain why despite falling 60% in the previous 90 days, Oraichain remains a sub 100 million dollar company in terms of market cap.
Coin 2: ALEX Lab
As the financial layer of Bitcoin, Alex enables the creation of financial applications on the Stacks network, a well-known Layer 2 chain for Bitcoin, such as DEXs and DeFi. Despite a 25–30% decline in the last month, Alex’s value has increased by around 97% in the last year, suggesting significant potential as Bitcoin develops.
Coin 3: Clearpool
Clearpool is a decentralized credit platform that allows for institutional lending without the high collateral requirements seen in other DeFi platforms. With a market cap of just $5.1 million and nearly 600% increase over the past year, the coin is definitely worth a watch.

Top Three Altcoins to Stack When Bitcoin Hits Reverse and Marches Towards $70k

CoinPedia News

Other articles published on Sep 4, 2024

World Liberty Financial Linked to Hacked DeFi Project Dough Finance

Satoshi Tells NBA Legend Pippen That Bitcoin Is Going to $84K...in His Dream

NiceHash Expands Mining Capabilities for Alephium ASIC Devices

Crypto: Memecoins In Crisis, Dogecoin And Shiba Inu Are Suffering Tremendously

Hamster Kombat’s HMSTR Token To Be Listed On Bybit As Animoca’s Yat Siu Calls Telegram Games A “T...

Bitcoin Price Recovers Above $58K: Bear Trap Confirmed?

Join our free newsletter for daily crypto updates!