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As Iran-Israel Tension Continues, Investors Talked Most About These 10 Altcoins!
Bitcoin (BTC), Ethereum and altcoins are being negatively affected by the tensions between Israel and Iran. As price fluctuations and uncertainty continue, ten cryptocurrencies are drawing attention in the market.
Cryptocurrency analysis company Santiment said in its latest post that investors are looking at Cardano (ADA), Huma Finance (HUMA), Monero (XMR), Ethereum (ETH), Chainlink (LINK), AAVE, Sushiswap (SUSHI), Avalanche (AVAX), He said that he has shown a keen interest in Quant (QNT) and Bitcoin Cash (BCH).
As Cardano trends due to staking rewards, transaction fees, and a $100 million ADA-Bitcoin swap, AAVE has come into the spotlight with its significant surge.
"Cardano: Staking rewards are trending due to transaction fees and their roles in the Cardano ecosystem. Important developments include Charles Hoskinson's proposal to convert $100 million worth of ADA into Bitcoin and stablecoins to revitalize Cardano DeFi, as well as the launch of new institutional products.
Huma Finance: Active community engagement and token launch are being discussed extensively on Telegram.
Monero: Monero is trending due to Layer 2 solutions like grease-xmr that enable it to reach transaction rates comparable to Visa and increase its transaction capacity. Additionally, there are discussions about Monero's unique blockchain structure, its privacy features, and the trade-offs between privacy and scalability.
Ethereum: ETH is trending in terms of availability and price across various platforms. The price of Ethereum is frequently discussed.
Chainlink: Discussions are focusing on Chainlink's solid foundations as a decentralized oracle network, technical bullish indicators, and potential price growth. The community and analysts expect the adoption and price of Chainlink to increase, reinforcing its importance in the crypto space.
AAVE: It has been trending due to a significant price increase of 180% since April. AAVE is supported by strong investor interest, record open interest in futures, and bullish technical indicators.
Avalanche: Discussions are focusing on the technical analysis of AVAX's current transaction prices, including resistance and support levels, moving averages, RSI, and MACD indicators. A surge is expected for 2025 and beyond.
Quant: QNT is trending due to its performance, investment potential, and strong community interest. The community expects a significant price surge in the future.
Bitcoin Cash: BCH is frequently discussed on social media platforms like Twitter. Discussions highlight BCH's price surge, potential breakout signals, and notable trading volumes. BCH is referred to as the best-performing cryptocurrency, noted for its strong recovery and optimistic price targets, capturing the attention of the crypto community.
*This is not investment advice.
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