Is Now the Time to Add Altcoins to Your Investment Portfolio?

Quick Summary:

Recent data from Santiment, a prominent market intelligence firm, indicate that the altcoins may enter a “prime buying” phase.

According to Santiment, more than 85% of the altcoins they track are currently positioned in what is historically considered a “buying opportunity zone.

Santiment’s analysis points to heavy realized losses across most altcoins, which typically precede a recovery as markets stabilize and rebound.

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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets: Hungary

Topics: Ethereum Dogecoin Altcoin market Solana Altcoin XRP Altcoin analysis Bitcoin Altcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-25 @ 21:00:37 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 476 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 20792648

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 3 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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