Altcoin Rally Talk Grows with “Golden Cross”; Whales Buy ENA, HYPE
- Golden Cross signal returns — last time triggered an altcoin rally.
- Whales are buying ENA and HYPE before expected market breakout.
- ENA launch backed by BlackRock-linked firms, Coinbase listing coming.
There are charts going around online claiming that an Altcoin Golden Cross has been confirmed once again. The last time this signal appeared in 2021, it triggered a strong rally in altcoins. Many analysts say that, historically, the real altcoin season usually begins in June.
However, according to CoinMarketCap, the Altcoin Season Index is still at 26, which means the market is mostly in Bitcoin’s favor for now. This index checks the top 100 coins to see if the market is leaning more towards altcoins or Bitcoin.
Even though Bitcoin remains dominant, some believe altcoin season is overdue — and whales might be getting ready for it. AltcoinBuzz said that whales have quietly started buying altcoins like ENA and HYPE, often a sign that something important could be coming.
Whales Quietly Accumulate ENA Ahead of Major RWA Launch
Whales are stacking ENA tokens ahead of the launch of a new blockchain called Converge On-Chain. This blockchain focuses on r…
The post Altcoin Rally Talk Grows with “Golden Cross”; Whales Buy ENA, HYPE appeared first on Coin Edition.
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Altcoin Rally Talk Grows with “Golden Cross”; Whales Buy ENA, HYPE
- Golden Cross signal returns — last time triggered an altcoin rally.
- Whales are buying ENA and HYPE before expected market breakout.
- ENA launch backed by BlackRock-linked firms, Coinbase listing coming.
There are charts going around online claiming that an Altcoin Golden Cross has been confirmed once again. The last time this signal appeared in 2021, it triggered a strong rally in altcoins. Many analysts say that, historically, the real altcoin season usually begins in June.
However, according to CoinMarketCap, the Altcoin Season Index is still at 26, which means the market is mostly in Bitcoin’s favor for now. This index checks the top 100 coins to see if the market is leaning more towards altcoins or Bitcoin.
Even though Bitcoin remains dominant, some believe altcoin season is overdue — and whales might be getting ready for it. AltcoinBuzz said that whales have quietly started buying altcoins like ENA and HYPE, often a sign that something important could be coming.
Whales Quietly Accumulate ENA Ahead of Major RWA Launch
Whales are stacking ENA tokens ahead of the launch of a new blockchain called Converge On-Chain. This blockchain focuses on r…
The post Altcoin Rally Talk Grows with “Golden Cross”; Whales Buy ENA, HYPE appeared first on Coin Edition.
Read More