Amid the significant growth of the crypto space, Bitcoin leads the popularity rankings alongside several different altcoins.
Google search trends provide insight into the popularity of altcoins, which influences investment decisions. Here’s a look at some of the most searched altcoins and their potential:
Ethereum, the second largest blockchain network after Bitcoin, continues to be highly sought after for its advanced capabilities. Despite its current downtrend, Ethereum trades at $3,373 with a market cap of $405 billion and a trading volume of $22 billion. The recent approval of the spot Ethereum ETF reinforces its appeal as a value investment.
Solana ranks fourth among altcoins, mostly because of its role in the launch of meme coins, which have enjoyed tremendous interest since the beginning of the year. SOL currently trades at $135, with a market cap of $62 billion and a trading volume of $3.4 billion. Analysts’ views on SOL are varied, but its previous rise to $260 may suggest potential for further growth.
Pepe has seen significant price spikes, reaching a high of $0.00001718 this year. At the time of writing the price is $0.00001169, which is 46% lower, Pepe has gained a total of 19,000%, positioning it favorably among altcoins for potential investment.
The cryptocurrency market provides diverse opportunities amid recent price declines, making the timing favorable for investors to consider entering the altcoin markets.
XRP is back in the spotlight after crypto analyst EGRAG CRYPTO highlighted a powerful historical pattern on the weekly timeframe—the bullish crossover of the 21 EMA and 55 SMA.
Crypto markets are buzzing with momentum as several altcoins post double-digit gains and surging volumes.
Sui (SUI) surged 14% in the past 24 hours, reaching $4.26 as bullish technical patterns, Bitcoin’s rebound, and renewed ETF speculation pushed the altcoin higher.
Hedera Hashgraph (HBAR) is closely tracking its 2021 price behavior, according to crypto analyst Rekt Capital.