Rally signal in these 4 altcoins: They took flight with Bitcoin!

Which altcoins came to the fore in the cryptocurrency market, which was ablaze with news about spot ETH ETFs?

Which altcoins came to the fore in the cryptocurrency market, which was ablaze with news about spot ETH ETFs?

Famous ETF analysts James Seyffart and Eric Balchunas' analysis of the spot ETH ETF shook the crypto industry. According to news on May 20, analysts increased the probability of ETF approval from 25 percent to 75 percent. Ethereum, which exploded with this development, increased by 21 percent in a short time, rising from $ 3070 to $ 3720. So which altcoins stood out in this process?

1- Phantom (FTM)

FTM, which could not find a breakthrough in the 2021 bull, winked at the bull season. The popular altcoin, which experienced a 20 percent increase in the last 24 hours, ranked first on the list. As long as ETH is priced upwards, the upward momentum in FTM seems to continue

2- Near Protocol (NEAR)

NEAR, which had a very effective rise season, started to attack as ETH stepped on the gas. NEAR, which recorded a 17.30 percent increase in the last 24 hours, was included in the list in second place. It looks like NEAR investors will be happy for a while longer.

You may be interested: Famous analyst spoke: “If BTC exceeds this level, it will start a rally!”

3- Immutable (IMX)

IMX, which stands out with its activities in the gaming field, experienced an increase of 16.80 percent in the last 24 hours. IMX, which was included in the list after a long time, ranked third. If GameFi gains popularity, expectations from IMX may increase.

4- Akash Network (AKT)

AKT, the leading name of cloud service provider projects, has increased by 16.20 percent in the last 24 hours. The altcoin, which managed to stay strong during BTC declines, took off with the market recovery. AKT's rise may start a new trend in the medium/long term

This article does not contain investment advice or recommendations.