Here Are the Altcoins Gaining Momentum as Bitcoin Rallies
Here Are the Altcoins Gaining Momentum as Bitcoin Rallies 17.01.2025 18:00 1 min. read Kosta Gushterov SHARE: 0 SHARES Bitcoin’s rise past $102,000 has sparked renewed momentum across the cryptocurrency market, with altcoins benefiting from heightened investor interest. Analytics platform Santiment has identified a significant uptick in whale activity targeting specific tokens. Among the top performers, MakerDAO’s DAI (BSC) leads with an 800% increase in transactions, followed by Dexe Network (DEXE) at 250% and Aave (AAVE) on Polygon, which surged by 200%. Other tokens, such as Telcoin (TEL) and XRP, also saw notable increases, with activity rising by 100% and 81%, respectively. This intensified activity is often a precursor to major market shifts, as whales typically position themselves during periods of profit-taking or strategic accumulation. Santiment also pointed out that stablecoins like DAI, which appeared multiple times on the list, often signal upcoming investments in ETH-based altcoins. This trend suggests a calculated move by large-scale investors to leverage potential growth in the broader altcoin market. As whales move significant capital, their activity provides insights into potential market directions and opportunities for retail investors. This surge in transactions could pave the way for further price appreciation in targeted altcoins, highlighting the ongoing evolution of the crypto market as investors prepare for the next growth phase. The recent activity underscores the critical role of whale behavior in shaping market trends and influencing broader crypto adoption. SHARE: 0 SHARES More Altcoins News Top 5 Biggest Crypto Gainers Today The cryptocurrency market is seeing a surge in activity today, with the total market cap climbing by 5.25% to exceed $3.63 trillion. 17.01.2025 17:19 2 min. read Kosta Gushterov OKX Expands Offerings with New Cryptocurrency Listings OKX, a prominent cryptocurrency exchange, has introduced new trading and earning options for NC, marking another step in expanding its diverse range of digital asset services. 17.01.2025 17:00 2 min. read Kosta Gushterov TRON’s Stablecoin Promises 20% Yield, Igniting TRX Market Rally TRX, the native token of TRON, is seeing renewed interest in the market following the announcement of USDD 2.0, a redesigned version of the project’s stablecoin. 17.01.2025 9:00 2 min. read Kosta Gushterov Why Solana ETF Approval May Be Further Away Than Expected The launch of Solana (SOL) exchange-traded funds (ETFs) in the United States may face significant delays, potentially extending into 2026, despite a more crypto-friendly political climate under President-elect Donald Trump. 17.01.2025 8:00 1 min. read Alexander Zdravkov QR for the Bitcoin/Ethereum Address: QR for the Bitcoin/Ethereum Address: