|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
APX Finance (APX), Civic (CVC), and Ondo (ONDO): Emerging Opportunities
Oct 23, 2024 at 05:20 pm
DeFi platform APX Finance (APX), with a market capitalization of $15.51M, has been in the accumulation phase for 8 days. Since APX is a Decentralized protocol providing services for trade and asset management, it is gradually gaining interest from the whales.
The crypto market is displaying signs of an accumulation phase, with🐋 Whales amassing tokens across various assets. Higher trading volumes usually accompany this phase. In this instance, several tokens are accumulating, indicating a potential upcoming price increase. Traders are advised to monitor this crucial period.
Recent Assets in Accumulation Phase: $XDC $NCT $WELL $APX $CVC $WING $ONDO $FIDA $W $CHZ
APX Finance (APX), Civic (CVC), and Ondo (ONDO): Emerging Opportunities
DeFi platform APX Finance (APX) boasts a market capitalization of $15.51M and has been accumulating for 8 days. Being a Decentralized protocol offering trade and asset management services, APX is gradually attracting the attention of the whales.
At the same time, Civic (CVC), with a market capitalization of $135.90M, has been in the accumulation phase for 10 days. Meanwhile, Ondo (ONDO) has a 13-day accumulation period and a market capitalization of $1.10B. Being large and focused on offering institutional quality products, whales pay close attention to it.
XDC Network (XDC) and PolySwarm (NCT): Early Movers
Launched just 1 day ago, XDC Network (XDC) has a market capitalization of $408.70M. Being a dual-layered blockchain that emphasizes trade finance, it further appeals to both retail and institutional investors.
PolySwarm (NCT) has a market capitalization of $34.62M and is on its first accumulation day. PolySwaarmploys blockchain to crowdsource solutions to cybersecurity threats in the market. As cybersecurity becomes critical, whales entering the NCT may be counting on its expansion.
Moonwell (WELL) and Wing Finance (WING): DeFi Potential
Moonwell (WELL), with a market capitalization of $169.72M, has been accumulating for a week. Its accumulation phase points toward increasing optimism for DeFi and financial systems.
Being a Defi platform with a market capital of around $23.44M, Wing Finance has been in an accumulation phase for the 11th day. This accumulation indicates that investors have high expectations of DeFi platforms that prioritize growth and transparency.
SNS (FIDA) and Wormhole (W) and other: Infrastructure and Interoperability
SNS (FIDA) has a market capitalization of $54.70M and has been accumulating for two weeks. The accumulation time showcases confidence in its role as a liquidity provider.
Wormhole token, with $759.32M in market cap, is accumulating for 16 days due to a growing appetite for its interoperability solutions. Being a token of interest for those who believe in the future of interconnectivity, it is up for grabs.
Chiliz (CHZ) has been in the accumulation phase for 18 days and has a market cap of $665.71M. Being the world’s premier fan tokens platform, sports entities can issue tokens to engage their fans. It could suggest that whales are expecting more fan tokens to be bought and sold in the future.
Broad Market Implications
Smart money and whales holding tokens in anticipation of price movements can indicate the direction of the market. Based on this, trends in the accumulation of tokens, such as APX, CVC, ONDO, etc., are crucial for retail investors in identifying possible breakout points.
Being inherently unstable, crypto markets display equilibrium trends that precede drastic fluctuations, including upswings. Paying close attention to the shifts in the market and the buying patterns of these whales can be particularly valuable in the volatile realm of cryptocurrencies.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- RWA Inc. Unveils Plans to Launch Its Utility Token $RWA on KuCoin, Gate.io, and MEXC on November 25, 2024
- Nov 24, 2024 at 09:45 am
- RWA Inc has aimed to redefine how investors and businesses interact with real-world assets, by creating a trusted platform that bridges the gap between traditional markets and the Web3 space.
-
- RCO Finance (RCOF): The Best Token Under $1 to Build Generational Wealth?
- Nov 24, 2024 at 09:15 am
- A top DOGE trader has identified RCO Finance (RCOF), PEPE, and BONK as the best tokens under $1 for building generational wealth. RCOF stands out for its real-world utility and pivotal role in the RCO Finance ecosystem.
-
- DOGEN: The Next Big Meme Coin to Watch in the Ever-evolving Crypto Market
- Nov 24, 2024 at 09:15 am
- Investors in popular coins like PEPE and DOGE may find a new opportunity on the horizon. A promising digital asset is showing signs of massive growth potential, with projections suggesting it could soar by an astonishing 5,200%. This emerging cryptocurrency might be the next big thing to watch in the ever-evolving crypto market.