[CryptoQuant Analyst: Assets are Consolidating, Altcoin Accumulation Potential is Increasing] CryptoQuant analyst Axel Adler Jr tweeted, “As of June 27, the average monthly trading volume of altcoins is $1.6 billion, down from the yearly average of $2.5 billion. This moderate flow indicates that assets are consolidating before the next altcoin boom arrives, and the accumulation potential is continuously increasing.”
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CryptoQuant Analyst: Assets are consolidating, the potential for increasing altcoin holdings is continuously growing.
[CryptoQuant Analyst: Assets are Consolidating, Altcoin Accumulation Potential is Increasing] CryptoQuant analyst Axel Adler Jr tweeted, “As of June 27, the average monthly trading volume of altcoins is $1.6 billion, down from the yearly average of $2.5 billion. This moderate flow indicates that assets are consolidating before the next altcoin boom arrives, and the accumulation potential is continuously increasing.”