Dogecoin

Toncoin

Shiba Inu

Avalanche

The post <a href="https://coinpedia.org/price-analysis/here-are-the-altcoins-that-may-enter-the-top-10-should-ada-ton-or-doge-be-worried/" rel="noopener noreferrer nofollow">Here are the Altcoins that may Enter the Top 10: What’s Next?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
The current market dynamics have been favouring the altcoins that have gained traction and attention, outperforming the popular ones like XRR or ADA. After being very close to the top 5, Cardano is now feared of getting expelled from the top 10. Besides, XRP &amp; Dogecoin have also remained within the range but have not displayed any huge moves.&nbsp;
Having said that, what is the probability of them getting replaced by the rising altcoins like PEPE, LINK or any other promising token?
All the cryptos within the top 10 other than Toncoin (TON) <a href="https://coinpedia.org/price-analysis/notcoin-jasmycoin-price-eye-towards-a-20-jump-while-toncoin-trying-hard-to-form-new-ath/" target="_blank" rel="noopener noreferrer nofollow">have slipped into a bearish position</a> as the selling pressure is slowly mounting over them. Secondly, not all of them in the range are the top traded assets, as a significant volume has been flowing into FDUSD, NOT and PEPE. Therefore, this raises the speculation of other promising tokens entering the top 10–15 spots, which may be a matter of concern for some of the tokens.&nbsp;
Below are the altcoins which can make it to the top 10 during the next bullish wave.&nbsp;
<ul>
 <li>Pepe (PEPE)&nbsp;</li>
 <li>Shiba Inu (SHIB)&nbsp;</li>
 <li>Avalanche (AVAX)&nbsp;</li>
</ul>
Among all the top 10 tokens, 2 cryptos have been recording lower volumes comparatively, i.e. Toncoin &amp; Cardano. Pepe, on the other hand, is constantly achieving over a billion volumes in the past few days. Although FLOKI also has a higher volume than SHIB, LINK, or AVAX, it would be very difficult for it to reach the top 20 initially.&nbsp;
Besides, Shiba Inu has been consolidating above the key support zone at $0.00002 for more than 45 days and hence a bullish rebound is expected. Secondly, Avalanche (AVAX) price broke down from the rising channel and the bulls are utilising all their strength to prevent the descending trend and trigger a healthy rebound. On the contrary, low volume and low volatility are slowly increasing the selling pressure on the ADA price, which is feared to exit if the bulls continue to remain passive.

Here are the Altcoins that may Enter the Top 10: What’s Next?

CoinPedia News

Other articles published on Jun 4, 2024

Fetch AI, PEPE Get Thrown Out of the Game By MoonBag Getting Crowned the Best Crypto Presale in M...

What's Going On With Bitcoin-Miner TeraWulf's Stock?

New Solana Memecoin Book of Kittens Will Explode 14,000% Within 48 Hours – Should You Buy?

Core Scientific Signs $3.5 Billion AI Infrastructure Deal with CoreWeave, Shares Surge

Potential Negative Consequences of Bitcoin and Ethereum Spot ETFs

ChatGPT-4o predicts XRP price after Ripple vs. SEC case verdict

Join our free newsletter for daily crypto updates!