As Iran-Israel Tension Continues, Investors Talk About These 10 Altcoins the Most!
Bitcoin (BTC), Ethereum and altcoins are negatively affected by the tension between Israel and Iran. While the volatility and uncertainty in prices continue, ten cryptocurrencies attract attention in the market.
Cryptocurrency analysis company Santiment said in its latest post that investors are showing great interest in Cardano (ADA), Huma Finance (HUMA), Monero (XMR), Ethereum (ETH), Chainlink (LINK), AAVE, Sushiswap (SUSHI), Avalanche (AVAX), Quant (QNT) and Bitcoin Cash (BCH).
While Cardano was trending due to its staking rewards, transaction fees, and $100 million worth of ADA-Bitcoin swap, AAVE was on the agenda with its huge rise.
“Cardano: Staking rewards are trending due to transaction fees and their role in the Cardano ecosystem. Notable developments include Charles Hoskinson’s proposal to convert $100 million worth of ADA into Bitcoin and stablecoins to revitalize Cardano DeFi and new institutional product launches.
Huma Finance : Active community participation and token launch on Telegram are being discussed lightly.
Monero: Monero is trending due to its ability to achieve transaction rates comparable to Visa and Layer 2 solutions like grease-xmr to increase transaction capacity. There are also discussions about Monero’s unique blockchain structure, privacy features, and trade-offs between scalability and privacy.
Ethereum: ETH is trending in terms of availability and price on various platforms. Ethereum price is frequently discussed.
Chainlink: Discussions center on Chainlink’s solid foundation as a decentralized oracle network, its bullish technical indicators, and its potential price growth. The community and analysts expect Chainlink’s adoption and price to increase, cementing its importance in the crypto space.
AAVE: Trending due to significant price gain of 180% since April. AAVE is supported by strong investor interest, record-term open interest, and bullish technical indicators.
Avalanche: Discussions center around AVAX’s current trading prices, technical analysis including resistance and support levels, moving averages, RSI and MACD indicators. Uptrend expected for 2025 and beyond.
Quant: QNT is trending due to its performance, investment potential, and strong community interest. The community expects a big price increase in the future.
Bitcoin Cash: BCHi is frequently discussed on social media platforms such as Twitter. Discussions highlight BCH’s price increase, potential breakout signals, and significant trading volumes. BCH is being referred to as the best performing cryptocurrency with a strong recovery and optimistic price targets, attracting the attention of the crypto community.
*This is not investment advice.