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.

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

#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

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!

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!
Follow for More Crypto Insights
☀

#XRP : Exploring Its Role in Global Cryptocurrency and Payment Transfers
XRP is a digital coin backed by the XRP Ledger, designed for easy and smooth online transfers. It is fast, inexpensive, and works without borders, offering security without needing banks. Developed by Jed McCaleb, Arthur Britto, and David Schwartz, XRP started with 100 billion coins. The creators gave 80 billion to Ripple to boost its growth. Ripple, once called OpenCoin Inc., aims to make global transactions smoother. By holding XRP in escrow, Ripple releases XRP in a steady manner to manage its supply. As we look at patterns from past bull runs, XRP has the potential to play a significant role in digital payments worldwide.
Solana Eyes Growth in the Next Altcoin Season
Solana is a blockchain platform known for its scalability. It supports decentralized apps and competes with Ethereum and Cardano. Solana aims for fast transactions and development flexibility. Its native cryptocurrency, #SOL , helps run the network. It facilitates transactions, operates custom programs, and rewards participants. Solana’s high-capacity network avoids using sharding or second-layer solutions. This might appeal to developers and investors. As 2024 unfolds, Solana could see interest with the potential return of altcoin season. SOL’s role in its ecosystem highlights its valued place in transactions and projects. With these features, Solana holds potential for growth as digital currencies gain attention again.
Toncoin Looks to Shine in a Promising Altcoin Season
Toncoin is the key cryptocurrency of The Open Network, a blockchain platform. Initially crafted by Telegram, it’s now led by the TON Foundation. Toncoin uses a proof-of-stake model, boosting its speed and security with low fees. It aims to offer solid payment services and more, like decentralized storage and networking. Looking ahead, the price forecast for 2025 ranges from $6.45 to $30.30. And by 2030, estimates suggest a rise to $16.06 to $26.04. These points reflect a positive potential, echoing past growth paths seen within the crypto landscape. Keep an eye on Toncoin as the market evolves.
#altcoins #binance

Tiny $100 investment could turn into FORTUNE!
Solana (SOL): Efficient blockchain solution
Dogecoin (DOGE): Lighthearted entry into crypto
DOGEN: Ultimate memetoken for real alphas
Shiba Inu (SHIB): Unique Ethereum-based cryptocurrency
PEPE: Deflationary memecoin on Ethereum network
Don't miss out on this opportunity!
Invest wisely and do your own research!
#cryptocurrency #Investing" #altcoins #Write2Earn!

In 2020, savvy traders scored massive gains by buying $MATIC and $FTM before their explosive 200x growth. Now, we’re on the brink of another major cycle shift!

We’ve been in the Accumulation Phase—where whales have been buying every dip. But today, it’s time to gear up for the Uptrend Phase. 🌟
To ride the wave, here are the alts I’m eyeing right now:
🔹 $ONDO – Transforming on-chain financial software for tokenized RWAs. 📈
Price: $0.64 | Market Cap: $890M
🔹 $GLM – Decentralized computing platform powering the AI industry. 🤖
Price: $0.28 | Market Cap: $280M
🔹 $TOKEN – Simplifying crypto and asset tokenization. 🔗
Price: $0.051 | Market Cap: $51M
🔹 $ATH – Decentralized real-time rendering for the Metaverse. 🌐
Price: $0.059 | Market Cap: $239M
🔹 $OM
– Security-focused RWA Layer 1 Blockchain. 🔐
Price: $1.1 | Market Cap: $927M
🔹 $XDC – Blockchain supporting trade finance and tokenized RWAs. 💹
Price: $0.027 | Market Cap: $403M
🔹 $NOS – AI-focused open-source cloud computing marketplace. ☁️
Price: $1.95 | Market Cap: $94M
🔹 $RIO – Blockchain-based platform for digital securities and crypto assets. 📊
Price: $0.86 | Market Cap: $6M
🔹 $RVN
– Efficient asset creation and transfer blockchain. 🔄
Price: $0.017 | Market Cap: $245M
🔹 $FLT – Decentralized “Cloudless” computing platform. 💡
Price: $0.21 | Market Cap: $19M
The crypto market thrives on cycles and trends. Don’t miss out—start accumulating these promising alts now and be ready for the next big move! 🚀📈
#CryptoNewss #altcoins #binance #supercycle #CryptoPCEWatch #Write2Earn!

Ethereum (#ETH )
With a trading volume of $7.401 billion, Ethereum has added ~1% to its price in the past 24 hours. Moreover, it has jumped 5.82% over the past week and with a YTD return of 2.99%, it has a market cap of $291.48 billion.
$ETH Price Analysis 15-09-2024
The technical indicators SMA and MACD have both recorded a rising bullish price action in their respective chart. This highlights an increase in the buying-over-selling pressure for the altcoin leader in the crypto market.
If the market continues to gain momentum, the ETH price will retest its upper resistance level of $2.8K in the coming time. Conversely, an intensified bearish action could pull the price toward its crucial support of $2,175.
Solana (#SOL )
Amid increased price volatility, the Solana price has jumped 5.56% over the past week. With this, it has successfully retested its crucial support level of $127. Presently, the $SOL crypto token is on the verge of testing its resistance of EMA 200-day, the outcome of which is uncertain.
SOL Price Analysis 15-09-2024
The Relative Strength Index (RSI) continues hovering close to its neutral trendline in the 1D time frame. Further, its average shows a bullish curve, suggesting that the price may continue gaining value during the upcoming week.
If the bulls push the SOL price above its 50-day EMA, the altcoin will head toward its upper resistance level of $155. On the flip side, a trend reversal could pull the price toward its low of $127.
Dogecoin (#DOGE )
Despite recording a drop of 1.86% in the past 24 hours with a trading volume of $363.75 million. The $DOGE price has jumped over 10% in the past day and ~18% this year alone. With a market cap of $15.408 billion, the leader of the memecoins has secured the 8th position.
The Moving Average Convergence Divergence (MACD) has recorded a constant rise in the green histogram. Further, its averages show a rising pattern. This highlights a bullish outlook for the memecoin in the crypto market.
Maintaining the price above its support trendline of $0.101 could set the stage for the Dogecoin price to head toward its upper level of $0.127. However, an intensified bearish action could pull the price toward its lower support level of $0.0780.
#altcoins #binance