All the altcoins are expected to join the bull trend with the increase in BTC.
The listed coins are all in the top 50 ranks as per the CMC.
The five tokens that crypto investors should watch this week are BTC, FLOW, THETA, QNT, and MKR. The direct proportionality of the stock and crypto market is no longer a secret, as inflation has pulled the latter market into the bear zone.
But the BTC ranged majorly between $22,000 to $23,000 in the last week and is moving towards $24k to $25k. If that takes place, the altcoins FLOW, THETA, QNT, and the MKR will also be recovering parallelly.
Flow (FLOW)
The pull-down in the token price range in the last 2 weeks is expected to change in the opposite direction very soon. Presently the token is traveling in the price range of $2 to $3. It ranks 28th in the CMC list and tops the NFT category tokens. The current market cap is over $3 billion and the trading volume in the last 24 hrs was $409 million.
Theta Network (THETA)
THETA has moved up from $1.3 to $1.7 in the last week and the positive movement is expected to be steady too. Presently the token is traveling in the price range of $1.6 to $1.7. It ranks 39th in the CMC list and has 6th position in the NFT category tokens. The current market cap is over $1 billion and the trading volume in the last 24 hrs was over $114 million.
Quant (QNT)
QNT is one of those tokens that has made remarkable redemption in the last 3 months, post inflation and bear market condition. Presently the token is traveling in the price range of $120 to $130. It ranks 41st on the CMC list. The current market cap is over $1.5 billion and the trading volume in the last 24 hrs was over $70 million.
Maker (MKR)
Maker in the last 3 months has fallen up to the $800 limit, now it’s trading over 150% above that is in the $1,100 to $1,200 range. It ranks 48th in the CMC list of 150K watchlists. The current market cap is over $1 billion and the trading volume in the last 24 hrs is nearing $83 million.