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Top 37 Tokens Like XRP, ADA Still Available at Massive Discounts in This Bull Cycle

Published 04/27/2024, 02:44 PM
Updated 04/27/2024, 02:45 PM
Top 37 Tokens Like XRP, ADA Still Available at Massive Discounts in This Bull Cycle

  • XRP and ADA are down 15% and 21% YTD at their current market value.
  • Meanwhile, Bitcoin and ETH have maintained 48.9% and 36% gains in YTD.
  • Analytic platform Santiment believes altcoins are currently at a massive discount rate ahead of the bull rally.

The cycle’s crypto bull market commenced in late 2023, specifically around October, but took full shape this year when Bitcoin cracked its 2021 all-time high. However, some digital assets are yet to capitalize on this buoyant market led by Bitcoin.

Prominent Asian-based reporter Colin Wu recently compiled a list of the top 37 cryptocurrencies with negative growth on a year-to-date (YTD) scale, presenting discount buying opportunities.

Leading the pack was XRP, the sixth most valuable cryptocurrency with a market cap of around $28.56 billion. At its current market value of $0.51, XRP is down 15.33% from the price with which it opened in 2024. The asset entered 2024 with a price in the $0.6 range but has reached a bottom of $0.433 this month.

Meanwhile, since this year, Bitcoin has maintained a 48.9% gain despite the recent massive price col…

The post Top 37 Tokens Like XRP, ADA Still Available at Massive Discounts in This Bull Cycle appeared first on Coin Edition.

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