Date: Sat, August 10, 2024, 11:28 AM GMT

The cryptocurrency market is experiencing a period of consolidation today, with Bitcoin (BTC) holding steady around the $60,900 mark. While there haven’t been any major price movements among altcoins, some are attracting significant attention from smart money investors.

According to the latest data from Nansen, three altcoins are leading the charge in smart money inflows over the past 24 hours. Here’s a quick rundown:

nansen data
Source: Nansen

1. Curve DAO (CRV):

    • Inflow: $1,142,540
    • Current Price: $0.2554
    • 24-Hour Change: +4.09% CRV is topping the list with over $1 million in inflows, which has contributed to its price gaining 4.09% in the past day.

    2. Chainlink (LINK):

      • Inflow: $660,245
      • Current Price: $10.68
      • 24-Hour Change: +2.55% LINK is also seeing a strong inflow, pushing its price up by 2.55% over the last 24 hours.

      3. Aave (AAVE):

      • Inflow: $641,230
      • Current Price: $94.68
      • 24-Hour Change: -1.47% AAVE has attracted significant funds, though its price has slightly dipped by 1.47%, showing that not all inflows immediately translate into gains.
      Advertisement

      These inflows reflect the growing interest from sophisticated investors in these projects, with CRV and LINK notably benefiting from this attention. AAVE’s minor price dip suggests a more cautious market sentiment despite the inflows.

      As Bitcoin’s price stabilizes, it will be interesting to see how these altcoins perform in the coming days, especially with smart money showing a clear interest in them.

      Disclaimer:

      The information provided in this article is for general informational purposes only and does not constitute financial advice.

      Nilesh Hembade
      Written by
      Nilesh Hembade
      Nilesh Hembade is the Founder and Author of Coinsprobe, with 5+ years of experience in cryptocurrency and blockchain. Since launching the platform in 2023, he delivers daily, research-driven insights through market analysis, on-chain data, and technical research. His work has been featured on Binance, Bitget, and CoinMarketCap. He is also certified through Binance Academy (NFT Certificate).
      ›
      🛡️  Trust & Editorial Standards — CoinsProbe ›
      1. Investment Disclaimer

      The opinions and market insights shared on CoinsProbe represent the views of individual authors based on prevailing market conditions at the time of publication. Cryptocurrency investments carry significant risk and volatility. Readers are encouraged to conduct their own research and seek professional financial advice before making investment decisions. CoinsProbe and its contributors do not accept responsibility for financial losses or decisions made based on published content.

      2. Sponsored Content & Advertising Policy

      CoinsProbe may publish sponsored articles, affiliate links, or promotional collaborations. All sponsored material is clearly labeled to maintain transparency with our audience. Our editorial decisions remain fully independent, and advertising partnerships do not influence reviews, rankings, or published opinions.

      3. Why Trust CoinsProbe

      Since 2023, CoinsProbe has delivered reliable insights on cryptocurrency, blockchain, and digital assets. Our content is created by experienced researchers and analysts who follow strict editorial standards focused on accuracy, transparency, and credibility. Every article is carefully reviewed and verified using trusted sources and current market data. We provide unbiased analysis and timely updates covering everything from emerging crypto projects to major industry developments.