New Coins in Accumulation Phase backed by Top Tier Funds
The latest analysis highlights several cryptocurrencies currently in the accumulation phase, backed by top-tier funds.
Here’s a detailed breakdown of the key data points:
Rocket Pool (RPL) has been accumulating since June 17, for a duration of 1 day. The current price is $28.05, with a significant 1-month volume change of 658.1%. The fully diluted valuation (FDV) stands at $541M.
Supported by top-tier funds, Rocket Pool has a social performance score of 1136. Rocket Pool is a decentralized Ethereum staking protocol.
Curve DAO (CRV) is also in the early stages of accumulation, starting on June 17 and lasting 1 day. Its current price is $0.30, with an impressive 1-month volume change of 812.9%. The FDV is valued at $653M.
Backed by notable crypto funds, Curve DAO boasts a high social performance score of 1977. Curve DAO is a decentralized exchange optimized for stablecoin trading.
LeverFi (LEVER) has been accumulating for 3 days since June 15. The current price is $0.002, with a 1-month volume change of 171.2%. LeverFi’s FDV is $78.4M, supported by key industry players. Its social performance score is 184.
LeverFi is a decentralized leverage trading platform.
TrueFi (TRU) has been in the accumulation phase for 8 days since June 10. Its current price stands at $0.154, with a 1-month volume change of 106.8%. The FDV for TrueFi is $184M.
Supported by leading blockchain funds, TrueFi’s social performance score is 864. TrueFi is a decentralized finance protocol for uncollateralized lending.
Bonfida (FIDA) has been accumulating for 9 days since June 9. The current price is $0.32, with a substantial 1-month volume change of 931.8%. Bonfida’s FDV is valued at $320M, with backing from top investment firms.
Its social performance score is 165. Bonfida is a full product suite that bridges the gap between Serum, Solana, and the user.
During the accumulation phase, trading volumes are notably higher than usual. Prices fluctuate within a range over extended periods, creating failed breakouts in both directions, making future price movements harder to predict. This phase can indicate the activity of trading bots or the presence of larger players building their positions.
