🚀🚀Bomb List! Investors Are After These 10 Altcoins! 🚀🚀
Among the altcoin projects that attract the most attention from investors are Solana, ether.fi and LayerZero.
While Solana is at the top in terms of market value and transaction volume, ether.fi stands out as the altcoin that lost the most value and LayerZero stands out as the altcoin that gained the most value.
Analysts state that liquidity decreased and selling pressure increased in the market due to low corporate purchases and profit realizations of long-term investors during the summer period. According to data provided by CoinGecko and CryptoDep, two of the leading cryptocurrency analysis sites, Notcoin (NOT), Solana (SOL), LayerZero (ZRO), ether.fi (ETHFI), Ondo (ONDO) are currently among the most sought-after altcoin projects by investors. , ZkSync (ZK), Arbitrum (ARB), Toncoin (TON), Jupiter (JUP) and Kaspa (KAS).
While Solana is the leader with a market value of $61.2 billion, it also maintains the top spot with a transaction volume of $2.64 billion. Looking at weekly price changes, ether.fi is the altcoin project that lost the most value with a decrease of 39.8%, while LayerZero stands out as the altcoin that gained the most value with 8.64%.
The current market prices of these altcoin projects are as follows: SOL $132, NOT $0.015, ZRO $3.78, ETHFI $1.88, ONDO $0.915, ZK $0.148, ARB $0.632, TON $7.13, JUP $0.689, and KAS $0.159.
Analysts state that the cryptocurrency market was under selling pressure during the summer period due to low institutional purchases and profit realizations of long-term investors. The fact that institutional investors are on holiday and long-term investors are making profits reduces the liquidity in the market and increases the selling pressure. In addition, analysts express their expectations that miners' tendency to hold on to Bitcoin instead of selling it may reduce the selling pressure.