Altcoins

Top Altcoins Including MATIC and AAVE Surges Following Significant Inflow


Wed, August 21, 2024, 04:24 PM GMT

The cryptocurrency market is showing signs of a slight bullish trend today, with Bitcoin (BTC) trading around $59,600, up by 1.18%. Amidst this positive movement, some of the top altcoins are catching investors’ attention with notable inflows. Specifically, Polygon (MATIC) and Aave (AAVE) have witnessed impressive rallies.

Here’s a quick look at the latest data from Nansen, highlighting the 24-hour inflow and price movements for these altcoins on the Ethereum network:

Source: Nansen
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1. Aave (AAVE):

  • Inflow: $83,198
  • Current Price: $136.76
  • 24-Hour Change: +9.16%
  • AAVE has seen over $83K in inflows, which has contributed to its price gaining 9.16% in the past 24 Hr.

2. Polygon (MATIC):

  • Inflow: $53,044
  • Current Price: $0.4888
  • 24-Hour Change: 10.04%
  • MATIC has seen over $53K in inflows, which has contributed to its price gaining 10.04% in the past 24 Hr.

These inflows and subsequent price movements suggest that investors are optimistic about the future of these altcoins. As the market continues to evolve, it will be interesting to see how MATIC and AAVE perform in the coming days.

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


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