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.
After 19 straight sessions of net inflows, U.S. spot Ether ETFs finally saw red on June 13, with $2.1 million in net outflows.
Pi Coin (Pi) has gone down by 43% in the past month and currently stands at 43% as selling pressure keeps mounting. Pi’s supply has been expanding ever since the token the mainnet was launched as users are now able to migrate their tokens and sell them via centralized exchanges (CEXs). This month alone, 200 […]
SharpLink Gaming has taken an aggressive leap into the crypto world by converting a significant portion of its capital reserves into Ethereum.
The amount of Solana (SOL) held on centralized exchanges has jumped to a two-week high, signaling increased selling pressure as the broader crypto market continues to lose steam.