Date: Sat, August 10, 2024, 11:28 AM GMT
The cryptocurrency market is experiencing a period of consolidation today, with Bitcoin (BTC) holding steady around the $60,900 mark. While there haven't been any major price movements among altcoins, some are attracting significant attention from smart money investors.
According to the latest data from Nansen, three altcoins are leading the charge in smart money inflows over the past 24 hours. Here's a quick rundown:
Source: Nansen
1. Curve DAO $CRV :
Inflow: $1,142,540
Current Price: $0.2554
24-Hour Change: +4.09% CRV is topping the list with over $1 million in inflows, which has contributed to its price gaining 4.09% in the past day.
2. Chainlink $LINK :
Inflow: $660,245
Current Price: $10.68
24-Hour Change: +2.55% LINK is also seeing a strong inflow, pushing its price up by 2.55% over the last 24 hours.
3. Aave $AAVE :
Inflow: $641,230
Current Price: $94.68
24-Hour Change: -1.47% AAVE has attracted significant funds, though its price has slightly dipped by 1.47%, showing that not all inflows immediately translate into gains.
These inflows reflect the growing interest from sophisticated investors in these projects, with CRV and LINK notably benefiting from this attention. AAVE's minor price dip suggests a more cautious market sentiment despite the inflows.
As Bitcoin's price stabilizes, it will be interesting to see how these altcoins perform in the coming days, especially with smart money showing a clear interest in them.
To get more updates, visit us at: https://coinsprobe.com/
Disclaimer:
The information provided in this article is for general informational purposes only and does not constitute financial advice.
