Altcoins to Watch Out for as Bitcoin, Ethereum, Solana Cool Off after Impressive Rally
Bitcoin and some large-cap altcoins have experienced significant resistance in the past few days pushing crypto traders to small-cap and meme coins speculation. The crypto cash flow has been moving from Bitcoin (BTC) and large-cap altcoins like Ethereum (ETH), Solana (SOL), and Chainlink (LINK) to small-cap and meme coins as indicated by the traded volume. According to market data provided by Binance-backed Coinmarketcap, the daily average traded volume for meme coins was up approximately 121 percent to around $3.2 billion. On the other hand, Bitcoin and Ethers trading volume had stalled despite the frenzy on-the-spot exchange-traded funds. For instance, Bitcoin price has dropped about 3 percent since Monday to trade around $36.6k on Tuesday. The leading smart contract and DeFi ecosystem Witt about $25 billion in total value locked (TVL) and a stablecoins market cap of around $65 billion, Ethereum (ETH), has consolidated between $2k and $2,136 since the breakout induced by the spot ETF application by BlackRock Inc (NYSE: BLK). As of this report, Ether trades around $2,059, with a daily average traded volume of about $13.3 billion. Solana (SOL), the only top-rated DeFi blockchain with a working smartphone dubbed Saga Mobile, has been consolidating since it hit a yearly high of







