• Altcoins, including Apecoin, Aave, and Lido, have shown significant activity alongside Bitcoin’s recent surge above $30k.
• The uptrend of altcoins suggests a possible flurry of activities once the full bull run of BTC commences.

Now that Bitcoin [BTC] capturing the $30,000 threshold has garnered most of the attention from the market, its time to consider the altcoins. Altcoins, such as ApeCoin [APE], Aave [AAVE], and Lido [LDO] have also been experiencing major activity.

Read Apecoin’s [APE] Price Prediction 2023-24

Examining the altcoins’ volume and supply on exchanges

Per data from Santiment, APE’s major transactions coincided with a significant spike in daily trading volume, which was the largest in six weeks. Moreover, the supply on exchanges of the altcoin experienced a noticeable uptick. This indicated that some coins might have returned to the exchange after a transfer of $27.9 million between exchanges.

On the other hand, Aave’s $21.4 million transaction imp

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Author: Suzuki Shillsalot

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