Despite the increase in market capitalization, which shows investors might be returning, big large caps are still deemed undervalued. In a tweet posted today by blockchain intelligence firm Santiment citing the MVRV Z-score, Binance coin (BNB) is the only overvalued crypto amongst tokens with a large market cap. Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Cardano…
Solana native token SOL has been on a tear since the start of the year. But the token might be on its way to test its support as it faces rejection. Recent on-chain developments contributed to Solana’s climb. But with the rejection, can SOL regain its bullishness? Solana Keeps Things Aglow The Solana ecosystem is…
Data shows all the altcoin indexes have outperformed Bitcoin during the past month, with the small caps becoming the market leaders. The Past 30 Days Were Green For Both Bitcoin And Altcoins According to the latest weekly report from Arcane Research, all indexes record positive returns in the 27-31% range during the past month. The…
XRP is currently at $0.3899 which is the result of recent positive external developments. According to CoinGecko, the native token of Ripple moved upwards by 12% in the weekly and the bi-weekly time frame. Positive news brewed up in the US Securities and Exchanges Commission (SEC) vs. Ripple lawsuit that started back in December 2020.…
Algorand is one of the fastest growing crypto in terms of gains. According to CoinGecko, the token has appreciated by 30% in the last two weeks. With the broader crypto market rallying as Bitcoin breaks its crucial $21,000 resistance, ALGO is set to gain more in the next few days. The Total Value Locked department…
Following the heavy market crash late last year, the crypto landscape has been on a steady path to recovery, with the altcoins leading the way. Solana(SOL) is one of these many altcoins, and it has kicked off the weekend with an explosive start. According to data by CoinGecko, SOL has gained 40% in the last…
The crypto rally that greeted the new year has definitely brought gains to the world of altcoins. According to CoinMarketCap data, most huge gains were made by altcoins in the past 30 days. AVAX, native token of the Avalanche blockchain, is one of them with gains of up to 32% in the seven days. The…
Investors and traders of ApeCoin (APE) have been seeing some big gains since the start of 2023. With the crypto market experiencing a surge in prices, ApeCoin has been riding the bullish wave upwards showing gains on almost all timeframes. ApeCoin is riding the bullish momentum, while Yuga Labs’ Bored Ape Yacht Club (BAYC) and…
IMX (ImmutableX) has been on a roll lately, being one of the few altcoins to have significant gains in the past month or so. According to tracking by CoinGecko, IMX was up 10% in the daily timeframe with its biggest gain at the weekly timescale at nearly 19%. IMX: What Drove Prices Up? Although the…
Solana’s ecosystem found itself in knee-deep trouble caused by fear, uncertainty and doubt surrounding its connections with disgraced crypto exchange FTX. Since after the collapse of the exchange, the ecosystem has been trying to distance itself from FTX former CEO Sam Bankman-Fried, with Messari even releasing a detailed overview of the ecosystem and how it…