CandleFocus Massive Whale-Watch: ONDO, SAFE, and ZETA Enter the Accumulation Zone
2024-10-30
Author: Content Editor
The market capitalization of cryptocurrency is currently concentrated on assets that have entered the accumulation zone, suggesting that major investors are silently accumulating positions. Ondo (ONDO) has the highest market capitalization at approximately $1.03 billion, indicating investor confidence. Gnosis (GNO) and Safe (SAFE) have also seen price increases, potentially driven by increasing demand for their DeFi products. ZetaChain (ZETA) has a market capitalization of $292.90 million, but its price has decreased. Some tokens on the list, like Chiliz (CHZ) and Osmosis (OSMO), have experienced heavy losses. The market believes these assets have future value, but only time will tell if accumulation leads to price rallies.
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