Fresh Data Suggests Ether, XRP, Solana, DOGE, Cardano, Shiba Inu Massive Eruption Brewing
Main Idea
Altcoins like Ether, XRP, Solana, DOGE, and Cardano are experiencing significant price increases and inflows, with Binance recording the highest altcoin inflows in 10 months, driven by positive market trends and technical indicators like the golden cross.
Key Points
1. Altcoins have recorded the highest inflows in 10 months on Binance, reaching levels not seen since last November.
2. A golden cross technical indicator has been observed, which historically preceded a 4,646% surge in altcoin prices within 1-2 months.
3. Leading altcoins such as Ethereum (ETH), Ripple (XRP), DOGECOIN (DOGE), and Cardano (ADA) have shown gains of 5.37%, 2.42%, 5.81%, and 4.11% respectively in the last 24 hours.
4. The altcoin market's uptick is attributed to positive news, project developments, and broader crypto market trends.
5. The near-term outlook for altcoins remains bullish due to heightened demand.
Description
The altcoin market could see yet another bullish rally in the near term, according to fresh market data—one that could shake up the crypto market long-term.
Latest News
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- Arthur Hayes ‘Had To Buy It All Back’ A Week After Selling $8.3 Million In Ether2025-08-10 13:58:50
- Harvard Discloses $116 Million Investment In BlackRock’s iShares Bitcoin ETF2025-08-10 13:38:45
- BlackRock Says XRP And SOL ETFs Not In The Cards Despite Long-Running Ripple-SEC Case Officially Ending2025-08-10 13:30:32
- Shiba Inu Primed for 156% Explosion to New Highs as Market Expert Lays Out Expected SHIB Outcome2025-08-10 13:19:12