At the moment, largecap altcoins are in the spotlight. A significant amount of new money is flowing into XRP, ADA, SOL, and DOGE. Soon after this, it will be the turn of midcap and lowcap altcoins.
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Coins that are undergoing such heavy accumulation are likely to enter a parabolic phase soon. The key point to note here is that these coins have neither broken their 6-7 month lows nor their highs, clearly indicating that they are being heavily accumulated.
A coin whose technology and on-chain data always keep me bullish on the project. During this bull season, I see $GMX reaching between $200-$300, with a macro target of $500-$600. 💎 😇
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