In the substantially volatile crypto sector, many top projects are now in their accumulation zones. As per the data provided by Phoenix Group, a well-known crypto analytics platform, the top projects in this respect take into account Ondo ($ONDO), Wormhole ($W), FTX ($FTT), and so on. The analytics firm provided the details about the top projects on its official social media account.
Ondo Leads the Prominent Crypto Projects Reaching Accumulation Zone
Phoenix Group shared the list of the most noteworthy projects in the accumulation zone with Ondo ($ONDO) taking the lead. The project reportedly has a market capitalization of $981.49M along with a price change of -1.67% over the recent 7 days. The 2nd project in the list is Wormhole ($W). It has a market capitalization of $810.52M while its price has witnessed a 5.71% change during the last seven days.
FTX ($FTT) stands in the 3rd place with its market capitalization reaching $694.63M. On the other hand, its price has seen a -15.93 % change in the past week. The 4th position is secured by Nervos Network ($CKB) as the market capitalization of the project has reached $666.55M. Apart from that, it has recorded a -1.35% price change over the week. Subsequently, Chiliz comes at the 5th spot as it sees $627.67M in terms of market capitalization with its price change reaching +13.25 over the last 7 days.
Gnosis ($GNO) has recorded a +8.30% price change in the recent 7 days along with a market capitalization of $432M. As a result of this, it has occupied the 6th place in the list. The following project in the list is Osmosis ($OSMO) as its market capitalization has reportedly touched $341.38M. Moreover, the price change thereof has reached -6.87% over the week.
Chia Network Bottoms the List with $219.03M in Market Capitalization
The list places ZetaChain ($ZETA) on the 8th post with a market capitalization of up to $260.45M and a -1.25% price change. The 9th position is obtained by AltLayer ($ALT) as it has beheld a market capitalization of nearly $251.76M and a +8.03% price change over the seven days. Chia Network ($XCH) comes last in the list with $219.03M in market capitalization and +14.51% weekly price change.
Source: https://blockchainreporter.net/top-crypto-projects-still-in-accumulation-zone-ondo-w-and-ftt-lead-the-pack/