In the substantially volatile crypto sector, many top projects are now in their accumulation zones. As per the data provided by Phoenix Group, a well-known crypto analytics platform, the top projects in this respect take into account Ondo ($ONDO), Wormhole ($W), FTX ($FTT), and so on. The analytics firm provided the details about the top projects on its official social media account.
TOP ASSETS IN THE ACCUMULATION ZONE
$ONDO $W $FTT $CKB $CHZ $GNO $OSMO $ZETA $ALT $XCH pic.twitter.com/dBzczGo8q3— PHOENIX – Crypto News & Analytics (@pnxgrp) October 11, 2024
Ondo Leads the Prominent Crypto Projects Reaching Accumulation Zone
Phoenix Group shared the list of the most noteworthy projects in the accumulation zone with Ondo ($ONDO) taking the lead. The project reportedly has a market capitalization of $981.49M along with a price change of -1.67% over the recent 7 days. The 2nd project in the list is Wormhole ($W). It has a market capitalization of $810.52M while its price has witnessed a 5.71% change during the last seven days.
FTX ($FTT) stands in the 3rd place with its market capitalization reaching $694.63M. On the other hand, its price has seen a -15.93 % change in the past week. The 4th position is secured by Nervos Network ($CKB) as the market capitalization of the project has reached $666.55M. Apart from that, it has recorded a -1.35% price change over the week. Subsequently, Chiliz comes at the 5th spot as it sees $627.67M in terms of market capitalization with its price change reaching +13.25 over the last 7 days.
Gnosis ($GNO) has recorded a +8.30% price change in the recent 7 days along with a market capitalization of $432M. As a result of this, it has occupied the 6th place in the list. The following project in the list is Osmosis ($OSMO) as its market capitalization has reportedly touched $341.38M. Moreover, the price change thereof has reached -6.87% over the week.
Chia Network Bottoms the List with $219.03M in Market Capitalization
The list places ZetaChain ($ZETA) on the 8th post with a market capitalization of up to $260.45M and a -1.25% price change. The 9th position is obtained by AltLayer ($ALT) as it has beheld a market capitalization of nearly $251.76M and a +8.03% price change over the seven days. Chia Network ($XCH) comes last in the list with $219.03M in market capitalization and +14.51% weekly price change.