As of 7th November, some big assets, including AIOZ, MASK, and SXP, are showing accumulation signals. These assets have caught the attention of big market players. According to crypto analysts, these assets could be the next big movers and give significant returns in the future.
MOST RECENT ASSETS IN THE ACCUMULATION PHASE
$AIOZ $MASK $SXP $RAD $NOS $PROM $SAFE $STORJ $UNFI $ARPA pic.twitter.com/meSjWaKTWG— PHOENIX – Crypto News & Analytics (@pnxgrp) November 7, 2024
The accumulation phase is a strategic phase where the volume of an asset is higher than usual. It is mostly due to trading bots or the presence of the bigger players in the market. Some of the key metrics representing the accumulation phase are market capitalization and the accumulation period.
AIOZ, MASK & SXP Lead With Biggest Market Caps
AIOZ Network is a comprehensive infrastructure solution for web3 storage, decentralized AI computation, live streaming, and video on demand (VOD) powered by people. According to Phoenix Group, AIOZ has a market capitalization of $537.07 million, the most recent entrant in the top 10 category. AIOZ has been in the accumulation phase for only three days.
Next is the Mask Network. It is a unique protocol that strives to bridge the gap between the traditional Internet (Web 2.0) and the decentralized network (Web 3.0). It is designed to allow users to send encrypted messages, interact with decentralized applications (DApps), and share files on a decentralized level.
It also has a relatively large market capitalization of $270 million and a 5-day accumulation period, meaning the market is gaining confidence, leading to more efficient scalability.
Third on the list is Solar Network. SolarNetwork is an open-source platform that provides stable, neutral>More Assets in the Accumulation Phase
Other assets in the list are as follows:
- Radworks: $60.3 million market capitalization with an accumulation period of 8 days.
- Nosana: The decentralized computing network built on Solana has a $166.2 million market capitalization and a nine-day accumulation period.
- Prom: The native token that powers the Prom zkEVM ecosystem has a $97.27 million market capitalization and a 10-day accumulation period.
- Safe: The world’s first autonomous data network has a $590.42 million market capitalization with an accumulation period of 11 days.
- Storj: The digital file storage platform has a $182.72 million market capitalization and a 12-day accumulation period.
- Unifi Protocol: It is a multifaceted blockchain solution with an $11.74 million market capitalization and a 12-day accumulation period.
- Arpa: The Ethereum token that powers ARPA Chain has a $70.20 million market capitalization and a 12-day accumulation period.
Final Words
Overall, numerous important assets—AIOZ, MASK, SXP—are accumulating and drawing much interest from large market players. Increased trading activity in this phase, which usually indicates possible upward momentum, marks With its web-based infrastructure, AIOZ has become somewhat popular; Mask Network and Solar Network both show encouraging results.
Other assets, such as Radworks, Nosana, and Storj, keep accumulating and suggest possible future profits. These patterns suggest that these assets should be watched in the next few days since the strategic attention of investors and rising market activity could make them of interest.