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20% of Large Cap Crypto Could Impact Market

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A recent study on the top 300 cryptocurrencies by market capitalization reveals that over 20% of these coins have a large portion of their tokens yet to be unlocked.

This finding is crucial for investors and market analysts, given the potential impact on market prices and investor sentiment.

Most New Crypto Projects Will Unlock Significant Supply

Utilizing data from CoinGecko as of May 8, 2024, the analysis excluded stablecoins and wrapped assets. It focused on the market cap to fully diluted valuation (FDV) ratio.

“For the purpose of this study, low float crypto was defined as having a market cap to FDV ratio of 0 to 0.49, high float crypto had ratios of 0.50 to 0.99, and only crypto with a ratio of 1 were considered as fully diluted,” CoinGecko explained.

Significantly, low-float cryptocurrencies account for 21.3% of these top 300 coins. This suggests a large upcoming supply set to enter the market. Among them, Worldcoin (WLD) has the lowest ratio at 0.02, followed by Cheelee (CHEEL) at 0.06, Starknet (STRK) at 0.07, and Saga (SAGA) at 0.09.

These cryptocurrencies, all launched in either 2023 or 2024, represent the newer additions to the market.

Read more: Tokenomics Explained: The Economics of Cryptocurrency Tokens

Top 300 Crypto by Market Cap to FDV Ratio
Top 300 Crypto by Market Cap to FDV Ratio. Source: CoinGecko

This trend of low float is predominantly seen in cryptocurrencies introduced in the last four years. Indeed, 54 out of the 64 low float large-cap cryptocurrencies were launched during this period. This influx of new projects indicates a dynamic expansion within the crypto space and signals potential market shifts as these tokens become available.

Looking at the near future, the market faces immediate impacts from scheduled token unlocks.

For example, according to data from Token Unlocks, on May 12, Aptos will release 11.31 million APT tokens, worth nearly $100 million, which represents 2.64% of its circulating supply. Moreover, on May 16, Arbitrum will unlock 92.65 million ARB tokens, worth over $96 million, 3.49% of its circulating supply.

These releases might create significant selling pressure on the respective tokens.

Additionally, BeInCrpto reports that around $3.58 billion worth of tokens will be unlocked this month across various projects. This substantial amount highlights the scale at which these unlocks could influence the broader market, potentially increasing volatility.

Read more: What is Tokenomics? A Basic Guide

In contrast to newer cryptocurrencies, older ones generally have higher FDV ratios. Notable examples include Maker (MKR), Aave (AAVE), and Near Protocol (NEAR), with ratios of 0.95, 0.93, and 0.90, respectively. This indicates that most of their potential supply is already circulating, differing sharply from less than half of the newly launched cryptocurrencies achieving full dilution.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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3 Altcoins to Watch for Binance Listing This April

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A potential Binance listing could be the next major catalyst for three rising altcoins: IP, PLUME, and GRASS. All three tokens recently appeared in Binance’s latest community listing poll. Each gained more votes than several projects that were ultimately listed.

IP is riding a wave of momentum following a 200% surge, PLUME is gaining traction as real-world assets explode on-chain, and GRASS is drawing strong interest as the AI narrative regains strength. These predictions are based on community engagement and on-chain activity and should not be regarded as conclusive statements.

Story (IP)

Story Protocol is a decentralized infrastructure designed to register, manage, and monetize intellectual property (IP) on-chain. It is gaining momentum as one of the hottest altcoins of the year, fueled by its strong ties to the booming artificial intelligence narrative through on-chain IP management and AI training data licensing.

Therefore, it aims to integrate creative works—such as stories, characters, and artificial intelligence training assets—into the blockchain.

All things considered, this makes it a top spot in Binance’s latest community poll. Its growing popularity and alignment with trending narratives make it a prime candidate for a Binance listing.

IP Price Analysis.
IP Price Analysis. Source: TradingView.

Its native token, IP, surged over 200% between February 18 and March 25.

The token is now attempting to hold onto its $1 billion market cap. It was included in Binance’s latest listing poll, where it secured over 11% of the votes.

A Binance listing could give IP the exposure and liquidity needed to push its price above $5. Then, it has the potential to climb toward $5.43 and even break past $6, levels it briefly reached during its previous rally.

PLUME

Plume Network is riding the real-world asset (RWA) wave, offering a Layer-1 blockchain that brings tokenized assets on-chain—tapping into one of the fastest-growing narratives in crypto.

With ONDO, another RWA-focused coin, recently listed on Binance, Plume’s strong engagement among RWA coins and top placement in the exchange’s community poll make it a prime candidate to follow.

Additionally, with RWA value on-chain recently surpassing $20 billion for the first time, the narrative around real-world assets is gaining fresh momentum.

PLUME Price Analysis.
PLUME Price Analysis. Source: TradingView.

Plume positioned itself as a strong contender in this space by securing nearly 10% of the votes in Binance’s most recent listing poll. It surpassed tokens like ONDO and VIRTUAL that ultimately made the list.

Furthermore, if Plume secures a listing on Binance, the added exposure could fuel a sharp rally, potentially pushing PLUME above $0.20 and toward key targets at $0.247 and even above $0.30 for the first time ever.

GRASS

GRASS stands out for its unique blend of the AI narrative and its position as a Solana-based altcoin. These are two of the most compelling themes in the current market.

As Solana network activity starts to pick up again and investor attention shifts back to its ecosystem, GRASS’s position in the AI ecosystem makes it a strong contender for a Binance listing.

In Binance’s most recent listing poll, GRASS outperformed several notable contenders. That includes ONDO, VIRTUAL, and WAL—yet still awaits an official listing.

GRASS Price Analysis.
GRASS Price Analysis. Source: TradingView.

Also, with AI-related tokens and Solana-based projects beginning to bounce back after a prolonged correction since late January, GRASS could be ready for a surge.

In conclusion, if Binance adds GRASS to its listings, the surge in exposure and trading volume could push the token above the $3 mark for the first time since January 6.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Is It the Safest Crypto Sector?

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Onchain data shows that RWA tokenization is bucking macroeconomic trends by growing remarkably while other crypto sectors face uncertainty and contractions. There is an increasing belief that these are some of the safest Web3 assets.

Several experts shared key insights into this remarkable growth with BeInCrypto.

How Can RWAs Change Crypto?

Real-world Assets (RWAs) are an important part of the crypto market for several reasons. For example, a report from Binance Research claims that they are the Web3 economy’s most tariff-resilient asset sector.

According to new data, RWAs are growing substantially, surpassing $20 billion on-chain with 12% growth in the last 30 days.

RWA Sector Growth. Source: rwa.xyz

This data gives a few key insights that may be especially relevant in the near future. Importantly, while most of the crypto market is retreating under macroeconomic concerns, the RWA sector is on the rise.

Over the past month, Trump’s on-and-off tariff chaos and inflation fears have injected extreme volatility into the crypto market. Altcoins like Ethereum and XRP have lost over 10% on the monthly chart, but daily volatility has been much worse.

However, major RWA tokens, like Chainlink, Mantra, and ONDO, either remained comparatively stable or had positive positive gains during this period.

Kevin Rusher, founder of RWA lending platform RAAC, remarked on these dynamics in an exclusive commentary shared with BeInCrypto.

“The tokenized RWA market crossing $20 billion in this market is a strong signal. First, it is the only sector in crypto still reaching new ATHs while most are far from their highest levels and suffering heavy losses. Secondly, it shows that it’s not only hype anymore. Institutions are not just talking about it; they are actively tokenizing Real World Assets now,” Rusher said.

Rusher’s comments about institutional RWA investment are clearly visible in the crypto market. On April 7, MANTRA’s OM token held onto value despite broad-sector losses, as it announced a $108 million RWA fund.

Major institutional investors like BlackRock and Fidelity have also increased their RWA commitments.

Rusher went on to state that RWAs are especially attractive because of their stability. Although most of the crypto market is highly susceptible to volatility, RWAs are “building actual infrastructure with long-term value” and generating liquidity.

Tracy Jin, COO of crypto exchange MEXC, also echoed these sentiments:

“Historically, during seasons of liquidity crunch, investors seek refuge in more traditional stable assets like treasuries or cash. However, this time, the geopolitical turbulence has also triggered a sell-off in treasuries. With tokenized gold approaching a $2 billion market cap and tokenized treasuries seeing an 8.7% increase over the past 7 days, these assets continue to build market momentum at the heart of the general market slump,” Jin stated.

Overall, the capital flowing into the RWA ecosystem amid the financial market storm is a positive indicator for the broader crypto space. These funds could even encourage investors to increase their crypto exposure after the market settles. For these reasons, the RWA space has a lot of immediate potential.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Investors Shift to Crypto, Gold, and Equities Amid Tariff Volatility

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Welcome to the US Morning Crypto Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee to see how investors in emerging markets are doubling down on digital assets and tokenized alternatives as the US dollar falters and inflation risks rise.

Investors Turn To Crypto, Gold Amid Imminent Challenging Economy for the US

Escalated trade war chaos and abounding recession concerns, these narratives have put the status of the US as a haven in question while exacerbating volatility in financial markets.

Now, headlines in Washington are focused on escalating trade tensions, making US crypto news a key market driver. According to Raafi Housain, CEO of digital asset platform Fasset, trading volume has surged internationally for particular assets.

 “While US tariff headlines have dominated the macro conversation, in emerging markets we’re seeing a more nuanced response. In countries like Indonesia and Pakistan, trading activity on Fasset has more than doubled this week — partly as users return from Eid, but also due to growing demand for assets that feel resilient amid uncertainty,” Housain told BeInCrypto.

This suggests that perceptive investors are rethinking their strategies and repurposing their portfolios. Specifically, they are looking to new avenues, such as emerging markets, where access to traditional assets has historically been limited.

“Crypto is leading that surge, but we’re also seeing increased appetite for tokenized gold and, interestingly, US equities,” he added.

This portfolio diversification effort is unsurprising, considering US President Donald Trump’s tariff agenda is triggering global market volatility.

Already, macroeconomic signals are darkening despite the Federal Reserve’s (Fed) current inflation figures not fully reflecting the impact of ongoing tariffs.

Economists are sounding the alarm, with Moody’s Analytics chief economist Mark Zandi warning of inflationary pressures by summer.

“…inflation statistics will look pretty ugly by mid-summer if the current trade policies remain in place,” Zandi stated.

Zandi did not rule out the possibility of a recession, with his sentiment coming despite President Donald Trump’s 90-day pause on all reciprocal tariffs, but for China.

This warning aligns with China’s assertion that retaliatory tariffs on US goods lack competitiveness under current tariffs. Recognizing that tariffs are effectively a tax on imports paid by US businesses, Zandi added that these costs are usually passed on to consumers.

Meanwhile, as the investment scope shifts for well-informed investors, Housain notes adaptation, not panic.

“It’s clear that investors in high-growth markets aren’t retreating; they’re recalibrating — seeking diversification and more control in an unpredictable environment,” Housain explained.

Elsewhere, the dollar index (DXY) is dipping against a progressively rising cost of goods. Against this backdrop, crypto, tokenized commodities, and digital access to US equities are the hedges of choice for now.

Chart of the Day

DXY performance year-to date
DXY performance year-to-date. Source: TradingView

Data on TradingView shows the DXY is down by nearly 10% year-to-date (YTD), from the January 13 intra-day high of $109.87 to $99.04 as of this writing.

Byte-Sized Alpha

Crypto Equities Pre-Market Overview

Company Market open
Strategy (MSTR) $284.26 (+5.98%)
Coinbase Global (COIN): $171.09 (+1.22%)
Galaxy Digital Holdings (GLXY) $14.29 (+3.97%)
MARA Holdings (MARA) $11.94 (+7.10%)
Riot Platforms (RIOT) $6.85 (+4.41%)
Core Scientific (CORZ) $6.75 (1.91%)
Crypto equities market open. Source: Finance.Yahoo

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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