Paul Barron Network, a famous Youtube channel focusing on the future of technology with Crypto and Blockchain, has listed the top 20 altcoin projects based entirely on sentiment and amplification data. For details Cryptocoin. com continue reading.
Ranking of altcoins according to the analysis result
This month, Avalanche (AVAX) is led by Binance Coin (BNB) and the third Terra (LUNA), which has once again bounced back from its massive rally and all-time highs. AVAX was number one with 80.22%, BNB was second with 79.31%, while LUNA was pretty solid at 79.16%. Cosmos (ATOM) suddenly appeared with 78.99%. It wasn’t in the top 20 on the last chart. There was a lot of price action during this minor correction. Polygon (MATIC), the number one altcoin on the previous chart, slipped a bit. Hedera (HBAR) really held on and climbed 78.38% to number six.
Near Protocol (NEAR) still hangs at 78.09% and takes number seven. ChainLink (LINK) enters the top 10. This altcoin was not in the top 10 a few weeks ago, and then Arweave (AR) landed just below it. Theta Network (THETA) slumped a bit and placed last in the top 10.
11 number is Phantom (FTM) with 75.37%. Phantom was in the top 10 in our last period. Helium (HNT) has been one of the ups and downs, but it also has a very unique proposition at 75.36%, taking the number 12. Solana (SOL) fell out of the top 10 and, to a real surprise, slipped to number 13.
Polkadot (DOT) is still undervalued, at number 14 on the chart at 75.18%. Elrond (EGLD) continued to slide to number 15 with 75.11%. Tazos (XTZ) rose slightly from the top 20 and entered the top 20 with 75.08%. Algorand (ALGO) took number 17 with 75.04%. Uniswap (UNI) also jumped to number 18 with 75.02%. Harmony (ONE) entered the top 20 for the first time with 74.06%, and then XRP (XRP) completed our top 20 with 72.85%.
The market is volatile, mainly because it puts a lot of pressure on altcoin projects, and there are new releases, new partnerships, or some sort of movement on their roadmap, according to analysts. That’s why we’re starting to see a lot of decline in some of these types of projects.