đ¨âFive altcoins to accumulate for the upcoming altcoin bullâđ¨
Analysts have associated the strong outlook in ETH and BTC with the altcoin bull. Analysis platform Coinpedia has listed five altcoins with potential to accumulate for a possible altcoin bull.
The analysis included the following statements;
âThe top five altcoins with the potential to dominate the crypto space in the fourth quarterâ
Here are those altcoinsâŚ
ApeCoin (APE)
ApeCoin ($APE ) has launched its blockchain initiative ApeChain. The initiative has increased the APE price by over 100 percent. Coinpedia added APE to the first row of its potential bull basket. The analysis included the following statements;
âAPE is currently trading 46 percent away from its yearly high. This indicates a high probability of an uptrend. The APE chart points to a bullish outlook this week.â
Arbitrum (ARB)
Arbitrum (ARB), a Layer-2 project, gained momentum as the ETH price exceeded $2,700. ARB reached $0.6 with a 10 percent increase in the last 24 hours. ARB, with a market value of $2.42 billion, recorded a trading volume of over $300 million in the last 24 hours.
Jupiter (JUP)
Jupiter ($JUP )
, a decentralized exchange on the Solana blockchain, has seen significant growth in recent days. Jupiter, which increased its network activity, created its own wallet and expanded its user pool, gave a bullish signal. JUP increased by 10.68 percent in the last 24 hours.
The fluctuations in the crypto market also affected the decentralized finance (DeFi) project DYDX. DYDX experienced a 2,380 percent increase in daily trading volume. The transaction increase in question was reflected positively in the price and DYDX increased by 28.41.
Mina (MINA)
Mina ($MINA ), which is reflected as the world's lightest blockchain, has gained remarkable momentum recently. Although MINA could not break the potential resistance level of $ 0.65, it managed to remain strong. It is thought that MINA, which is traded at $ 0.62, will continue its rise.
