The Analysis Company Discloses the Altcoin Group They See as Having Growth Potential


The cryptocurrency analysis company Alphractal stated in its latest analysis that the decentralized finance (DeFi) sector has strong price rise potential in the coming months.
According to analysis, the level of dominance in the DeFi sector has reached a significant area, and the positive reaction from this level has supported many altcoins.
Alphractal has listed the following projects among the prominent altcoins in the DeFi category: Chainlink (LINK), Hedera (HBAR), Avalanche (AVAX), Mantra (OM), Uniswap (UNI), Aave (AAVE), Dexe (DEXE), Jupiter (JUP), Ethena (ENA) and Maker (MKR).
The analysis company notes that the bullish market signals for DeFi have strengthened as Bitcoin's dominance begins to wane. According to analysts, particularly the signs of recovery in this sector of the market may attract investors' attention once again.
On the other hand, there is information indicating that short-term Bitcoin investors ( those who hold for 1 month or less ) are currently ineffective in the market. Alphractal states that this group of investors typically acts actively during previous market booms, according to current data, this group only holds 2.36 million BTC.
DEFI14,31%
CHO-0,58%
LINK-0,54%
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