CryptoQuant Analyst: Assets Are Consolidating, Altcoins Show Increasing Accumulation Potential
According to a report by Jinse Finance, CryptoQuant analyst Axel Adler Jr. tweeted, "As of June 27, the average monthly trading volume of altcoins stands at $1.6 billion, which is below the annual average of $2.5 billion. This moderate volume suggests that assets are consolidating and the potential for accumulation is steadily increasing ahead of the next altcoin boom."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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