Top Altcoins to Keep An Eye On Ahead of a Bullish Q4

2024-05-04 07:10 260

The post Top Altcoins to Keep An Eye On Ahead of a Bullish Q4 appeared first on Coinpedia Fintech News

In the wake of a prolonged crypto bear market, most altcoins are grappling with low liquidity. To attract more investors and alleviate this pressure, token buybacks and burns have gained momentum. While Bitcoin continues to capture the attention of crypto investors due to its price fluctuations, the emerging metaverse projects, driven by NFTs and the Gamifi industry, have also taken the spotlight.

A recent report by Dappradar reveals that gamification activities now account for approximately 40 percent of total Web3 activities.

Bullish Outlook for Altcoins

Market intelligence platform Santiment reports a notable trend among certain altcoins. In response to short-term market uncertainties, these altcoins have been moving from crypto exchanges to self-custody wallet addresses. Notable altcoins in this category include Sushi (SUSHI), aelf (ELF), Biconomy (BICO), Reef (REEF), Curve DAO (CRV), and Injective (INJ).

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