The global crypto market is striding back to normalcy, as digital assets from the business portray energizing numbers. Which has uplifted the market cap of the industry to current levels of $1.85 Trillion, which is up 2.7% over the bygone day. Successively, the fear amongst folks from the crypto town is ebbing at a constant rate.
Wherefore, the fear and greed index has risen to levels “26” of fear from the recent plunge to extreme fear. Crypto merchants have now pinned hawk’s eye on the foot movements of the top-performing altcoins. In succession, FTM, AAVE, GALA, and ONE have been some of the fastest sprint runners that have painted the charts in green.
Will These Altcoins Bring Virtues Ahead Of The Final Leg Of Q1?
Fantom (FTM):
FTM price at the time of press is changing hands at $1.71, whilst scripting profits of 6.8%. The market cap of the digital asset is currently hovering around $4,334,961,255. In the interim, the volume of trades for 24-hours is at $959,936,030. The digital asset has been trading in the bandwidth from $1.58 to $1.76 over the last day.
The daily transactions of Fantom have surpassed the count of $1.4 M, which is about 300k more than the largest altcoin. FTM had secured second place by Alt rank on Lunar Crush. Talking about the TVL of the network, it has recently outnumbered Avalanche. The total TVL at the time of writing is up 21.42% at $10.68 B. The YTD returns of FTM are at 183.9%.
Aave (AAVE):
The Aave price at the time of writing is trading at $139.47, with gains of 12.0%. While the market cap is floating at levels around $1,899,451,404, the trading volume for 24-hours is at $211,435,437. AAVE has been trading in the frequency from $123.91 to $143.11 since the previous day.
AAVE has been one of the top DeFi performers for the last 24-hours. AAVE futures had liquidations of short positions of $162.13k and long positions of $74.77k in the last 24-hours. AAVE is holding the 2nd position by market cap amongst fellow governance coins. The altcoin has been one among the top-10 most used smart contracts by 1000 biggest ETH whales for 24-hours.
Gala (GALA):
GALA price at the time of press is changing hands at $0.2500, whilst scripting profits of 7.7%. The market cap of the digital asset is currently hovering around $1,888,128,535. In the interim, the volume of trades for 24-hours is at $1,186,306,994. The digital asset has been trading in the bandwidth from $0.2307 to $0.2672 over the last day. The YTD returns of GALA are at 924.3%.
The digital asset is up 55.09% since its cycle low of $0.16, which was seen on the 22nd of January 2022. The circulating supply of GALA has been attempting to gather numbers for a continued move to the north. The numbers of which are currently at 7,542,496.572. On the other hand, the circulating market cap is currently down to $1.81 B from $2.66 B, which was seen at the start of the month.
Harmony (ONE):
The ONE price at the time of writing is trading at $0.1529, with gains of 17.9%. While the market cap is floating at levels around $1,794,440,557, the trading volume for 24-hours is at $153,736,600. ONE has been trading in the frequency from $0.1271 to $0.1555 since the previous day. The YTD returns of the digital asset are at 502.6%
The team behind the project has been building a ONE-BTC bridge, where $2.87 M in BTC is locked. While 34 decentralized vaults are held, over 31.4 M ONE are in collateral. Conversely, Harmony had recently secured its name in the top-10 smart contracts by Alt Rank On Lunar Crush. Coming to TVL, that of Harmony is at $1.05 B which is negligibly up by 0.73%.
The transaction volume of the crypto asset is presently at 560,820,521, while the block latency is at 2.00 s. The circulating supply is currently at 11.72B ONE, which has been a steady rise. And has come a long way since the winters of 2021.
Summing up the aforesaid digital assets has been one of the front runners in the crypto market. Which hold the potential to compound gains to a higher level. Hopefully, the assets keep up the momentum, which will eventually help the numbers climb to greater highs. Successively, the mentioned altcoins could possibly claim the summit this alt season.
Source: https://coinpedia.org/altcoin/will-ftm-aave-gala-one-be-the-altcoins-to-bag-for-a-40-run/