Solana

Jupiter

LayerZero

Summer

ether.fi

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-pursue-these-altcoins/" data-wpel-link="internal">Investors Pursue These Altcoins</a> 
According to the latest <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data</a> provided by the leading cryptocurrency analysis site CoinGecko and compiled by CryptoDep, the most sought-after altcoin projects by investors currently include Notcoin (NOT), Solana (SOL), LayerZero (ZRO), ether.fi (ETHFI), Ondo (ONDO), ZkSync (ZK), Arbitrum (ARB), Toncoin (TON), Jupiter (JUP), and Kaspa (KAS). 
<h2 style="text-align: justify" id="strong-investors-pursue-these-altcoins-strong">Investors Pursue These Altcoins</h2> 
Among these altcoin projects, Solana leads in market value with 61.2 billion dollars, and it also tops the trading volume with 2.64 billion dollars. On the other hand, in terms of weekly price changes, ether.fi stands out as the altcoin project with the most significant loss, dropping by 39.8%, while LayerZero is the top gainer with an 8.64% increase. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-368746" src="https://coin-turk.com/wp-content/uploads/2024/07/Altcoin-Projeleri.jpeg" alt="" width="1200" height="675"> 
CoinGecko’s data also provides the current market prices of these altcoin projects. Accordingly, SOL is trading at 132 dollars, NOT at 0.015 dollars, ZRO at 3.78 dollars, ETHFI at 1.88 dollars, ONDO at 0.915 dollars, ZK at 0.148 dollars, ARB at 0.632 dollars, TON at 7.13 dollars, JUP at 0.689 dollars, and KAS at 0.159 dollars. Additionally, among the <a href="https://en.coin-turk.com/bitpanda-expands-crypto-services-across-austria-with-raiffeisen-bank/" data-wpel-link="internal">cryptocurrency exchanges</a> with the highest trading volume for these altcoin projects, Binance stands out. 
The list reveals that investors are actively seeking potential buying opportunities in the cryptocurrency market during periods of increased volatility. 
<h2 style="text-align: justify" id="strong-analysts-issue-summer-period-warning-strong">Analysts Issue Summer Period Warning</h2> 
Analysts warn that the cryptocurrency market is currently under selling pressure due to low institutional investor purchases during the summer period. In the absence of institutional purchases, the selling pressure from <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">long-term investors</a> has shaken the altcoin market, particularly Bitcoin (BTC). 
The absence of institutional investors and profit-taking by long-term investors have reduced liquidity in the market, increasing selling pressure. Additionally, analysts expect that if miners choose to hold onto their BTC rather than sell, the selling pressure may decrease. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-pursue-these-altcoins/" data-wpel-link="internal">Investors Pursue These Altcoins</a></h5>

Investors Pursue These Altcoins

Table of Contents

COINTURK NEWS

Другие статьи, опубликованные 8 июл. 2024 г.

Spot Ethereum ETF S-1 Amendments Due on Monday, Will the SEC Approve This Time?

BlockDAG’s Meteoric Ascent: Set to Soar from $0.014 to $30 by 2030, Leaving Avalanche & Render in...

3 Top Cryptos To Watch Out For This Week: EGLD, OM, NOT

Hong Kong Boy Kidnapped, Ransom Demanded in USDT

BONK Investors Turn Bearish as Price Faces Potential Drawdown

Cardano Founder Reveals Chang Hard Fork Is ‘Basically There’

Join our free newsletter for daily crypto updates!