Good evening to all my friends. I hope you all ared doing well. I am having a fantastic day. Let's talk about crypto market. Bitcoin took small correction because funding rates were going high. Today i am going to discuss about the flow of money in large-cap altcoins, which have seen significant growth, with some even pumping 3x to 4x in the past month. The big question now is when mid-cap and low-cap altcoins will start pumping. I also have an important confirmation regarding the overall market trend. Currently, if I exclude Bitcoin and Ethereum's market caps, the total market capitalization (Total 3) has reached $1 trillion, with a 25% recovery after breaking previous lower highs. The top large-cap altcoins, like XRP and Solana, have seen significant market cap increases, with billions of dollars added in the last month.
However, money flow is still predominantly in large-cap altcoins, and mid-cap or low-cap altcoins haven't seen the same level of investment yet. But once the flow of money shifts to these smaller coins, I could see them pump significantly, even in a single day, with possible 2x to 5x gains. Overall, the dominance of Bitcoin is weakening, which is a positive sign for altcoins. When money flows from Bitcoin and Ethereum to large-cap altcoins, and eventually from large-cap to mid-cap and low-cap, we may witness rapid growth in those smaller coins. So, it’s important to hold onto your mid-cap and low-cap altcoins, as they could see huge gains when the money flow shifts in their favor. That's it for today. Here's the latest update video of crypto market. Thanks & have a good day!!
** Your post has been upvoted (2.40 %) **
Curation Trail is Open!
Join Trail Here
Delegate more BP for bigger Upvote + Daily BLURT 😉
Delegate BP Here
Upvote
https://blurtblock.herokuapp.com/blurt/upvote
Thank you 🙂 @tomoyan