- Strategic investors may view this market dip as an opportunity to acquire high-quality altcoins.
- QNT, LINK, and BNB maintain strong fundamentals despite the recent market decline.
- Sharp pullbacks in newer tokens suggest rising volatility and potential entry zones.
In the midst of widespread volatility across the crypto markets, several altcoins are catching the attention of strategic investors. While prices have declined sharply over the past 24 hours, this dip might signal a rare opportunity to accumulate fundamentally strong assets. Among them, Quant (QNT), Chainlink (LINK), and BNB stand out.
These projects offer robust utility and long-term potential. Despite the current downturn, their underlying strengths make them compelling choices for accumulation during bearish phases. This pullback could represent a key moment for investors looking to enter or expand their positions in high-quality altcoins.
Quant, Chainlink, and BNB Stand Out Amid Market Volatility
Quant (QNT) is trading at $106.16 after dropping 6.47% in the last 24 hours. Yet, it’s still up 9.86% over the past week. With a supply of nearly 15 million tokens, its market cap sits at $1.54 billion.
Chainlink (LINK) has slipped 8.65% in a day and is down 13.45% for the week. It now trades at $14.08, with a market valuation of $9.23 billion and a circulation supply of 660 million tokens.
BNB has also faced downward pressure, falling 2.50% over the past 24 hours. It trades at $662.70 and has only dipped 1.11% this week. BNB’s valuation remains strong at $96.57 billion, supported by a 150 million circulating supply.
Broader Altcoin Market Suffers Steep Weekly Losses
Several other top altcoins have seen significant weekly declines. Ethereum (ETH) is down 3.51% today and 1.11% this week, currently priced at $2,567.39. Solana (SOL) has fallen 5.89% today and 12.59% over the week, with its price at $158.81.
Sui (SUI) dropped 7.94% in the last day and 10.70% this week. It is trading at $3.30. Ondo (ONDO) has fallen 8.58% daily and 15.16% weekly, now priced at $0.8335.
Newer Projects Also Show Heavy Pullbacks
Sonic (S) plummeted 8.77% in 24 hours and 20.59% for the week. It trades at $0.4015. Hedera (HBAR) saw a 5.34% daily and 14.62% weekly decline, priced at $0.1716.
Cardano (ADA) has dropped to $0.704, down 4.46% today and 10.72% this week. Meanwhile, Walrus (WAL) trades at $0.5173 after losing 6.79% today and 8.48% weekly.
Related: Altcoins to Watch Next Week: $SUI, $SOL, $TIA, $DEEP, $FET, $HBAR as Bitcoin Dominance Dips
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
