What you should do with altcoins like Stacks, Dogecoin, Flow, and Siacoin is as follows.

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The latest drop in altcoin values has had a negative effect on top traders’ portfolios. The comeback, on the other hand, is providing chances to book unrealised gains. The concentration of big HODLers has increased during this convergence through altcoins in the top 100 according to coinmarketcap.com numbers.

A the number of purchases and new users are driving demand for altcoins such as Stacks [STX], Dogecoin [DOGE], Flow [FLOW], and Siacoin [SC] on exchanges.

STX’s trading rate is slowly growing. A three-digit surge in the last 24 hours has been observed, positively impacting the altcoin’s price. It is reportedly ranked 50 in terms of market capitalisation, but this hasn’t stopped STX from trading in high volume on top spot markets such as Binance.

Though STX has made a comeback and is on the rise, top altcoin DOGE’s 100% HODLers are lucrative at the current price level. On-chain sentiment is negative, and large-value purchases have been declining steadily over the last week. DOGE has been owned by 59 percent of DOGE HODLers for a year. About 50% of traders are reportedly selling, and the market has defied the selling momentum, remaining at $0.39. With increased trading rate, the DOGE rally is expected to continue.

Though STX has made a comeback and is on the rise, top altcoin DOGE’s 100% HODLers are lucrative at the current price level. On-chain sentiment is negative, and large-value purchases have been declining steadily over the last week. DOGE has been owned by 59 percent of DOGE HODLers for a year. About 50% of traders are reportedly selling, and the market has defied the selling momentum, remaining at $0.39. With increased trading rate, the DOGE rally is expected to continue.

These altcoins are still rallying: STX, DOGE, FLOW, SC

DOGE’s price chart || Source: Coinmarketcap.com

Popular among the top 100 altcoins, FLOW is an altcoin to keep an eye on because the native asset of the gaming and non-fungible token network FLOW is rallying with NFT’s widespread acceptance. FLOW’s price has increased 5.5 percent in the last 24 hours due to increased demand for DApps and NFTs, and FLOW is promoting this demand.

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What you should do with altcoins like Stacks, Dogecoin, Flow, and Siacoin is as follows.

The latest drop in altcoin values has had a negative effect on top traders’ portfolios. The comeback, on the other hand, is providing chances to book unrealised gains. The concentration of big HODLers has increased during this convergence through altcoins in the top 100 according to coinmarketcap.com numbers.

A the number of purchases and new users are driving demand for altcoins such as Stacks [STX], Dogecoin [DOGE], Flow [FLOW], and Siacoin [SC] on exchanges.

 

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