On-chain data shows signs of an altcoin winter may be emerging as Ethereum, Solana, and other cryptocurrencies have seen a decline in activity. Altcoins Are Observing A Drop In On-Chain Activity In a new altcoins has been cooling off recently. The on-chain indicator of relevance here is the “Active Addresses,” which measures, as its name…
Tag: alts
Bitcoin & Altcoin OI Forming Same Warning Setup As Dec 2024, Analyst Says
A cryptocurrency analyst has pointed out how the Open Interest for Bitcoin and the altcoins is forming a setup that previously led to a market downturn. Bitcoin & Altcoins Have Seen A Jump In Open Interest Recently In a new Open Interest for Bitcoin and the altcoins. This indicator measures the total amount of positions…
Altcoins Ready For Round Two? CryptoQuant CEO Says Altseason Already Begun
As the cycle progresses, many investors are awaiting the long-anticipated Altseason, with opinions split on whether it will happen. Several market watchers have affirmed that Altcoins (Alts) are getting ready for an explosive breakout, but others, including CryptoQuant’s CEO, have suggested a different outlook. Few Cryptocurrencies To ‘Survive’ The Altseason On Friday, Ki Young Ju,…
Just 10 Holders Control 61.3% Of Shiba Inu Supply: How This Compares With Other Altcoins
On-chain data shows Shiba Inu has a high concentration of supply on its largest holders. Here’s how Ethereum and other altcoins compare. Top 10 Shiba Inu Wallets Control The Majority Of Supply In a new whales compares for four altcoins: Ethereum (ETH), Shiba Inu (SHIB), Chainlink (LINK), and Toncoin (TON). Below is the chart shared…
Altcoins About To Take Off? Analyst Says The ‘Final Shakeout’ Is Over
After a red Monday, the crypto market seems to be moving toward a green end of the week, registering an 18.54% increase from this week’s lows. Altcoins have broken out of a bullish formation, fueling investors’ optimism about the upcoming Altseason. Altcoins Final Shakeout ‘Completed’ On Friday, the crypto market recovered from its recent correction,…