Solana, one of the top altcoins, has been not performing in investors’ favor as bread are in control. The token’s price dropped by over 6% in the last 24 hours alone, making it trade at $248, with a market capitalization of over $120 billion, making it the 5th largest crypto by market capitalization.
These 3 Altcoins can be game changers!
While SOL price didn’t perform as expected by many, a few of the other altcoins can steal the show by registering remarkable performance in the future. Ergo, let’s take a look at a few promising altcoins, which can come in the limelight soon!
1. Litecoin (LTC)
Litecoin (LTC) is one of the altcoins that performed well in the last 24 hours. It clearly outshone Solana as the Litecoin price surged by over 5% in the last 24 hours. At the time of writing, the coin was trading at $124.12 with a market cap of over $9.36 billion.
The good news is that its trading volumed increased by 66% during the same time frame, which legitimized this price uptick. At the time of writing, the Relative Strength Index (RSI) is moving northwards. This is a sign of an inflow of new money, which often results in continued price hike. Ergo, if this trend sustains, Litecoin might first target $136, before eyeing $150.
Source: TradingView
2. Aureal One
With the launch of its state-of-the-art metaverse platform, Aureal One has completely changed the cryptocurrency landscape and immediately attracted investor attention. In an environment that is interconnected, the platform connects gaming, the metaverse, and real-world applications by integrating blockchain technology with immersive virtual experiences.
The Aureal One Blockchain’s technological promise is demonstrated by its main applications, DarkLume and Clash of Tiles. These initiatives promise interesting experiences that promote development and deep ties between users.
The altcoin presents itself as a prominent participant in the expanding metaverse industry. Therefore, investors should keep a watch so that they don’t miss their chance to earn!
Source: Aureal One
3. Bitget Token (BGB)
While Solana dropped, Bitget Token (BGT) followed a similar track to that of Litecoin and registered over 5% price hike in the last 24 hours. Thanks to that, the altcoin’s social volume increased sharply—a sign of rising popularity of the token.
Source: Santiment
Apart from this, BGB’s long/short ratio also increased in the last 24 hours timeframe, as per Coinglass’ data. This meant that there are more long positions in the market than short positions, which can propel a further price hike towards $8 or $9 in the short term.
The post Top 3 Altcoins to Watch as Solana Drops 6% Today appeared first on CoinGape.
