According to CryptoPotato, the recent cryptocurrency market correction has primarily impacted altcoin investors, with many experiencing losses. However, meme coin investors, such as those in Dogecoin (DOGE) and Shiba Inu (SHIB), are comparatively better off, with fewer holders facing losses due to earlier price increases.

Despite a promising start to the year and last month's Bitcoin (BTC) halving, the cryptocurrency market has been undergoing a severe correction. The price of the primary cryptocurrency has fallen 10% over a week, dropping below the $60K mark. Other leading digital assets, including Ethereum (ETH), Solana (SOL), and Ripple (XRP), are also significantly in the red.

Market intelligence platform IntoTheBlock outlined the ten cryptocurrency projects with the most holders currently experiencing paper losses. Algorand (ALGO) investors topped the list, with 91% of investors being underwater. The Sandbox (SAND) and Arbitrum (ARB) followed, with over 80% of holders in the red. Cardano (ADA) and Uniswap (UNI) investors also faced losses of 60% and 52% respectively.

However, IntoTheBlock suggested that these assets could offer 'great opportunities' if they demonstrate strong fundamentals and signs of on-chain activity and growth.

Interestingly, the list does not include any meme coins. According to IntoTheBlock, only 18% of Dogecoin (DOGE) holders and almost 40% of Shiba Inu (SHIB) investors are currently experiencing paper losses. The majority of those who have invested in Pepe (PEPE) and Floki Inu (FLOKI) are also in the green. This is due to the substantial price increases many of these assets experienced in the months prior to the current correction. This is a stark contrast to September of the previous year when almost 90% of SHIB holders and 42% of DOGE investors were at a loss.

K33 Research analysts believe that Sui (#SUI ) could rival Solana (#SOL ) with its recent development.
K33 DeFi analyst David Zimmerman stated in a research note dated September 18 that $SUI may have better historical and architectural features compared to Solana. "Solana is usually at the forefront of Tier-1 projects, but SOL/ETH is up 6 percent since the August sell-off, while SUI/SOL is up 115 percent in the same period," Zimmerman said.
Sui gives hope for the next bull season On September 17, stablecoin issuer Circle announced the launch of its own native USD Coin (USDC) on the Sui network. With the wind of the news, the token rose by more than 30 percent in a short time.
This increase in parity also mobilized other coins in the ecosystem. Cetus Protocol (CETUS) and Scallop (SCA) operating on the network have increased by more than 50 percent in just one week.

The total asset value (TVL) locked in the network is approaching 800 million. This data, which is increasing every day, indicates the current interest in the network and the good performance of the native token. Crypto investors are focused on Layer-1 tokens that can mark the bull in the future. This category includes many places such as Sui, Aptos, Sei, Ton, Near and Kaspa.
It is currently unclear which network will make a big breakthrough. With the rise of the market, developers and projects will play their cards. Although most investors are working on the new Solana, it seems that it will not be easy. The increasing number of projects and the characteristics of the sectors will make the job difficult.
#Suiusdt #binance #altcoins

Once upon a time, a whale that made high profits on Shiba Inu (#SHIB ) headed for two different altcoins.
The whale with the address 0x761, which made significant profits from SHIB, made two different altcoin purchases by selling the Ethereums in its possession. This whale's first choice has become one of the most popular memecoins of recent times. The other choice was among artificial intelligence-based Decrypts. So which two altcoins did the whale prefer?

He converted Ethereums to #NEIRO and #FET !
The mysterious whale bought 2.31 billion $NEIRO in exchange for 1,003 Ethereum (ETH) worth $ 2.86 million. Interestingly, this change took place at a time when NEIRO was experiencing a 17-fold price increase. Despite this increase, the buying whale seems to rely on the popular memecoin.
The whale earned $145 million from Shiba Inu between Dec. 2021 and 2022. However, 2 of the last 3 transactions, including the aforementioned wallet NEIRO and the second SHIB transaction, were not so successful and caused a loss of $ 13.48 million.
The whale exchanged 3.5 billion SHIB worth $ 255.62 million with 3,114 million $FET on August 30. This move earned the whale $715,000, as the FET increased with its short-term increase.

What is in the whale's current portfolio?
Currently, the largest part of the whale's portfolio consists of 11,537 ETH worth $ 4,960 million, accounting for 43 percent of its assets. The 24 percent of the portfolio consists of 477.511 billion SHIB, which is worth about $ 6.332 million. Whale's FETs, valued at $4.235 million, make up 16 percent of its portfolio.
#NeiroOnBinance #altcoins

2024 has been an exciting year so far, with these narratives with the highest growth
Strong Picks Based on Reward:Risk
• Meme: $PEPE
• PolifiFi: $PEOPLE
• RWA: $PROPS
• Gaming: $NAKA
• CEX: $BNB
• DePIN: $OCTA
• Solana: $RENDER
• AI: $QUBIC
• ETH: $NEAR
• Data: $LINK
These narratives are backed by both popularity and utility, offering a solid foundation for growth.
To maximize your gains in the Altcoin market, it’s essential to balance risk and reward. The above mentions are just a few of the many combinations you can consider.
Positive Indicators to Watch:
✅ Reduced Sell Pressure
✅ Decreasing Inflation
✅ Rate cuts soon
✅ Increasing Adoption
These factors are set to drive the next leg of the bull run, and I believe we’ll see an uplift in investor sentiment in the coming weeks.
Remember, it’s not mandatory to choose one from each category or all from one.
The choice is yours! Picking 2 or 3 narratives and diving deep into them can be even more rewarding. Choose what resonates with you the most.
In the meantime, let’s ensure we do our research, evaluate the risks we can afford, and set price targets to achieve financial independence.
The journey towards the peak of the bull market is resuming soon.
So my question to you is…
ARE YOU READY?
#altcoins #binance #BinanceTurns7

Most old alts are dying and unlikely to see significant future growth
Here's a list of 8 coins you shouldn't buy in 2024👇
The altcoin landscape is facing chaos, marked by substantial downturns.
Numerous prpjects are set to release tokens valued at more than $750 million, potentially triggering major sell-offs.
Which altcoins and categories should you steer clear of?
⫸ Old Projects
A multitude of older projects are not only obsolete but also overvalued.
Without innovation or potential, they present no avenues for growth.
Inevitably, they will lag behind $ETH in the coming period, a trend that is already evident.
⫸ P2E and various outmoded sectors
Projects linked to obsolete trends like P2E are destined for a slow decline.
Buying tokens during massive sell-offs essentially makes you the cash-out point for venture capital investors.
⫸ Artificial Tokens
Founding teams or venture capitalists manipulate tokens, inflating their value.
Prices reflect investor manipulation, not true market value, with the risk of a sudden 90% crash.
1/ | $APT
Aptos, a top layer-one blockchain, will release 11.31 million APT tokens worth $69.46M (1.01% of Total Supply) yesterday.
Given the recent plunge in price from $18 to under $7, this token unlock could place additional strain on the market value.
2/ | $ADA
Cardano, a proof-of-stake blockchain, aims to foster global progress.
ADA has dropped 57% in 8 months, now around $0.35, making it a risky investment.
3/ | $AXS
Axie Infinity, while pioneering the play-to-earn concept, encounters substantial challenges.
At present, $AXS stands at $4.64 with a market cap of $693.2M. However, the complex landscape of blockchain gaming might hinder its upward trajectory.
4/ @Ripple | $XRP
The $XRP Ledger supports transactions, small payments, DeFi, and soon NFTs. Ultimately, it's seen as an overvalued derivative of $BTC.
Since September 2021, the token has fallen from $1.39 to $0.57 showing no signs of possible growth.
5/ @dYdX Protocol | $DYDX
The primary concern with DYDX lies in the token unlocking process.
These unlocks cause ongoing selling pressure, gradually lowering the price.
This scenario is common among similar projects; it's crucial to always review the vesting schedule.
6/ | $DOT
Polkadot is an open-source protocol connecting specialized blockchains for cross-chain data and asset transfers.
$DOT may not exceed its 2021 high, as indicators suggest it might fall short of growth expectations despite strong tech.
7/ | $XMR
$XMR stands out for its private and anonymous transactions.
Yet, its value has remained flat since 2022 and faces potential bans like Tornado Cash.
High valuation, obsolete tech, no future growth, substantial risks.
8/ @Filecoin | $FIL
$FIL is experiencing significant turbulence with a sharp downturn in the past three months.
Recognized for its decentralized storage capabilities, its recent struggles make it a perilous investment choice.
#altcoins #binance #AltcoinInvesting #CryptoInvestingTips #Write2Earn!

#SUI ($SUI ) gained momentum along with USDC exchanges.
Due to the writing of the news, its price increased by 10 percent in the last 24 hours and stood against 1.2. With the rise, the market value exceeded 3.2 billion dollars and the value came against the 30th coin in terms of market. The daily purchase and sale volume was recorded as approximately 673 dollars million. The popular altcoin, which came to the fore with the USDC change, seems to mark the bull in the future.

The Sui ecosystem is developing every day. Users and developers on the Sui network will be able to interact with many entries such as decentralized finance, gaming and e-commerce with USDC. This development gave positive reports on the Sui price and ecosystem in a short time. The total asset value (TVL) locked in the Sui network reached 737.73 million. A large part of the cryptocurrencies in the ecosystem increased by more than 30 percent in the last week.
Demand is increasing in futures The rise in Sui occurred in parallel with the long-term increasing demand. According to CoinGlass systems, open interest increased by more than 8 percent, exceeding the peak of 290 million, and rose to 315 million. Open interest in August had remained below $52 million.
A striking detail was that SUI quickly recovered from the declines in the market. The altcoin, which stood strong especially in the declines experienced in the last two weeks, rose rapidly and left many projects behind.
#Suiusdt #binance #altcoins

Miles Deutscher, who stands out with his cryptocurrency analysis, announced the 3 cryptocurrencies he is following in the short term.
Miles Deutscher, who has 540,000 followers on X, shared the 3 Altcoins he follows this week. Stating that it will be a critical week for the crypto industry, the analyst compiled the altcoins that may stand out in case of an increase. Which projects does the analyst, who has diversified his portfolio considerably, prefer?
1- (#FTM ) Deutscher highlights Fantom ($FTM ) as an altcoin to fill and sees it have even greater upside potential. The popular altcoin gained 20 percent in the past week, with Bitcoin also outperforming Ethereum. This uptick comes on the back of upcoming developments, including the highly anticipated Sonic.
FTM currently has a market structure of $1.59 billion. Its 24-hour trading volume is $265 million.
2- Mantra ($OM ) Mantra (#OM ) continues to remain on Deutscher’s radar, gaining 27 percent after its strong hand last week. Defined by its DeFi features, Mantra has shown growth and continues to show promise, especially with macroeconomic factors such as the upcoming interest rate cut.
OM has a market value of $886 million as of the writing of the news. Its 24-hour trading volume is $10.24 million.
3- Simulated (#SUNDOG ) Sundog has increased by 30 percent in the past week and continues its positive momentum. According to Deutscher, Sundog has outperformed other altcoins in its portfolio. According to the analyst, the real excitement could come if Sundog breaks its all-time high (ATH).
4- Layer Zero ($ZRO ) Zero (ZRO) stands out as the best choice in Deutscher's interoperability systems. He cites two important factors for ZRO's potential: the status of the token and the unlocking of any tokens by July 2025. These factors play an important role in price stability.
ZRO currently has a market structure of $447 million. Its 24-hour trading volume is $121.05 million.


#altcoins #binance

SOLANA ($SOL) EXPLOSION IMMINENT?
Breakpoint Conference Catalysts & $BTC Breakout to Fuel Rally?
$SOL Price Holds Above Critical Support Level at $129
Ascending Channel Forms, Breakout Point Nearby
Weekly Chart Reveals Strong Upside Potential:
- Parallel Channel Bottom Support
- Horizontal Support at $79
- Stochastic RSI Bottoming
Next Stop: $260 and Beyond?
Don't Miss Out!
Stay Tuned for Breakpoint Conference Updates!
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