Alt Season Loading? With the Alt Season Index climbing to 43, the market is buzzing with potential! Here are the Top 7 Altcoins you should keep on your radar as the shift gains momentum Know more: https://lnkd.in/e4ESs57f For more such updates, visit VoiceofCrypto.online 🌐📰 #VOC #VoiceOfCrypto #CryptoNews #Crypto #Bitcoin
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10 Reasons Why Q4 Could Spark a Monumental Market Shift, Are You a Prepared Crypto Investor? Popular #crypto enthusiast shares top reasons and critical factors for a monumental Q4 shift. $BTC #Bitcoin #CryptoInvestors https://lnkd.in/gmGPBPsY
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Altcoins Lead the Crash: Billions Wiped Out in Liquidations Amid Bitcoin’s price decline, altcoins like Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE) have taken a significant hit, with corrections ranging from 6% to 12%. This sharp sell-off triggere https://lnkd.in/egqaQ_7J #Altcoins #Crypto #MarketingAnalysis #News #altcoinrally #altcoins #Bitcoindominance #CryptoLiquidations #supportlevels
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Crypto winter is coming for altcoins. Bloomberg reports: "Selling by some initial investors and founders in various projects appears to be helping to bring on an early “crypto winter” for digital tokens such as Avalanche, DYDX and PYTH that are dubbed altcoins. Since Bitcoin’s price peaked in March, the market capitalization of altcoins other than Ether or stablecoins has fallen by almost 30%, according to crypto market data tracker CoinMarketCap." Between Bitcoin's latest slump (with neither hack nor scandal to boot unlike previous busts) and NeFerT-NeFerT-land never seeing crypto winter thaw at all, the cryptoverse is looking distinctly unhealthy in terms of price. Nor are altcoins insignificant: "In the early days of crypto, all tokens besides Bitcoin were slapped with the nickname because they were an alternative to the original digital currency, which still commands more than 50% of the estimated $2.4 trillion digital-asset market." Why is a particularly chilly wind blowing across the altcoin market? "A portion of many projects’ tokens is becoming “unlocked” this year, which essentially means that venture capitalists and founders can finally sell the digital assets they received years ago in exchange for investing or work contributions. With the crypto market recovering from the crypto winter, or prolonged decline in prices, of two years ago, the rebound makes now an attractive time to sell for many long-term investors." Guess the cryptoverse still runs on fiat. 🤷🏻 "Out of 138 tokens that researcher TokenUnlocks tracks, 120 have unlocks this year, with a combined market valued at about $58 billion." 🤔 Except its only $58 billion if everyone hodls. Their true value? "“Given these unlock days are publicly known, downside price reflexivity can be exacerbated as non-VC holders look to front-run anticipated selling from unlocking VCs,” said Edward Chin, co-founder of Parataxis Capital. “You can also see the downstream impact of these cliffs in the OTC market, as brokers are often tasked with offering locked tokens from early investors or employees looking to gain liquidity at steep discounts to spot prices, often at discounts in excess of 40% to spot.”" Woof, that's a steep discount. Still believe they're worth $58 billion? "“The market is strange at the moment, in that the many infrastructure projects that investors funded over the bear market are now coming to their token launch, but there is not a ton of regular buyers of these tokens at high prices,” said tokenomics expert Lex Sokolin, co-founder of Generative Ventures." Oh? Why is it strange? When prices go boom, it's the future of finance. When prices go bust, the market is strange? Guess there's no reasoning with tokenomics experts. 🤔 Perhaps they should learn some economics? Cos in tokenomics, line only goes up?
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The changing regulatory landscape in the U.S. is contributing to the growth of XRP's price. Additionally, XRP remains the most widely utilized cryptocurrency for financial transaction payments.🔥🚀 #Blockchain #DigitalAssets #DLT #Payments #Tokenization #RWA #Ripple #XRP Ripple Deal Box Ventures
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As the market gears up for its next surge, investors are eagerly eyeing the next promising coin. Bitcoin has already rebounded from its previous dip, soaring past $65,000 from $56,000. Riding this wave of Bitcoin enthusiasm, several altcoins are gaining momentum and appear poised for a significant bull run. #BRISE
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Bitcoin and crypto are rallying this morning on the back of numerous narratives and market dynamics. Among these are relatively benign market conditions, namely a lack of leverage and tempered sentiment. Read more in this AM's '24 Hrs in Crypto:' https://lnkd.in/gBZm2Qt7
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Crypto Market Crashes: Will the Decline Continue? The crypto market has taken a significant hit, losing 2.10% in the last 24 hours. The market capitalization has dropped to $3.17 trillion, marking its lowest point in five days. As reported by The Bit https://lnkd.in/eRJjCakC #Crypto #MarketingAnalysis #News #altcoinperformance #bitcoinpricecrash #cryptomarketanalysis #futuresvolatility #institutionalinvestment
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The cryptocurrency markets are coming out of one of their worst sell-offs in history, with over $300 billion having been erased from digital asset markets over the past weekend. Read more: https://lnkd.in/dvAGQeBq #crypto #bitcoin #markets #financemiddleeast
