• bitcoinBitcoin (BTC) $ 100,931.00
  • ethereumEthereum (ETH) $ 3,883.52
  • tetherTether (USDT) $ 0.999062
  • xrpXRP (XRP) $ 2.37
  • solanaSolana (SOL) $ 238.77
  • bnbBNB (BNB) $ 724.80
  • dogecoinDogecoin (DOGE) $ 0.434749
  • cardanoCardano (ADA) $ 1.23
  • usd-coinUSDC (USDC) $ 0.999246
  • staked-etherLido Staked Ether (STETH) $ 3,895.10
  • tronTRON (TRX) $ 0.327788
  • avalanche-2Avalanche (AVAX) $ 52.25
  • shiba-inuShiba Inu (SHIB) $ 0.000031
  • the-open-networkToncoin (TON) $ 6.91
  • polkadotPolkadot (DOT) $ 11.04
  • wrapped-stethWrapped stETH (WSTETH) $ 4,606.34
  • chainlinkChainlink (LINK) $ 24.20
  • stellarStellar (XLM) $ 0.493503
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 100,577.00
  • suiSui (SUI) $ 4.23
  • bitcoin-cashBitcoin Cash (BCH) $ 609.83
  • hedera-hashgraphHedera (HBAR) $ 0.295486
  • wethWETH (WETH) $ 3,881.32
  • litecoinLitecoin (LTC) $ 143.94
  • nearNEAR Protocol (NEAR) $ 7.92
  • uniswapUniswap (UNI) $ 15.45
  • pepePepe (PEPE) $ 0.000022
  • leo-tokenLEO Token (LEO) $ 9.37
  • aptosAptos (APT) $ 14.18
  • wrapped-eethWrapped eETH (WEETH) $ 4,091.97
  • internet-computerInternet Computer (ICP) $ 15.02
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.700457
  • crypto-com-chainCronos (CRO) $ 0.208557
  • vechainVeChain (VET) $ 0.068839
  • ethereum-classicEthereum Classic (ETC) $ 36.59
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  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.98
  • bittensorBittensor (TAO) $ 712.01
  • render-tokenRender (RENDER) $ 9.86
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • filecoinFilecoin (FIL) $ 7.95
  • arbitrumArbitrum (ARB) $ 1.14
  • hyperliquidHyperliquid (HYPE) $ 12.68
  • blockstackStacks (STX) $ 2.82
  • kaspaKaspa (KAS) $ 0.159811
  • algorandAlgorand (ALGO) $ 0.470603
  • cosmosCosmos Hub (ATOM) $ 9.96
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  • mantra-daoMANTRA (OM) $ 4.03
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  • moneroMonero (XMR) $ 200.37
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  • whitebitWhiteBIT Coin (WBT) $ 24.94
  • immutable-xImmutable (IMX) $ 2.12
  • daiDai (DAI) $ 0.999633
  • fantomFantom (FTM) $ 1.25
  • okbOKB (OKB) $ 57.96
  • injective-protocolInjective (INJ) $ 33.97
  • dogwifcoindogwifhat (WIF) $ 3.26
  • optimismOptimism (OP) $ 2.58
  • the-graphThe Graph (GRT) $ 0.338330
  • bonkBonk (BONK) $ 0.000043
  • theta-tokenTheta Network (THETA) $ 3.03
  • sei-networkSei (SEI) $ 0.725848
  • worldcoin-wldWorldcoin (WLD) $ 3.87
  • ethenaEthena (ENA) $ 0.921995
  • bitget-tokenBitget Token (BGB) $ 1.92
  • jasmycoinJasmyCoin (JASMY) $ 0.053266
  • galaGALA (GALA) $ 0.060207
  • ondo-financeOndo (ONDO) $ 1.74
  • thorchainTHORChain (RUNE) $ 7.12
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,886.04
  • flokiFLOKI (FLOKI) $ 0.000237
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  • eosEOS (EOS) $ 1.46
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 101,189.00
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,347.56
  • based-brettBrett (BRETT) $ 0.200097
  • lido-daoLido DAO (LDO) $ 2.15
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  • kaiaKaia (KAIA) $ 0.323571
  • pyth-networkPyth Network (PYTH) $ 0.523115
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  • flowFlow (FLOW) $ 1.18
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  • mantle-staked-etherMantle Staked Ether (METH) $ 4,084.35
  • arweaveArweave (AR) $ 27.38
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  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,001.13
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  • gatechain-tokenGate (GT) $ 12.47
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  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 100,666.00
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  • neoNEO (NEO) $ 21.38
  • coredaoorgCore (CORE) $ 1.62
  • raydiumRaydium (RAY) $ 5.10
  • heliumHelium (HNT) $ 8.53
  • axie-infinityAxie Infinity (AXS) $ 9.44
  • decentralandDecentraland (MANA) $ 0.776521
  • peanut-the-squirrelPeanut the Squirrel (PNUT) $ 1.38
  • curve-dao-tokenCurve DAO (CRV) $ 1.11
  • apecoinApeCoin (APE) $ 1.91
  • matic-networkPolygon (MATIC) $ 0.700360
  • ethereum-name-serviceEthereum Name Service (ENS) $ 41.30
  • popcatPopcat (POPCAT) $ 1.36
  • dydx-chaindYdX (DYDX) $ 1.87
  • aerodrome-financeAerodrome Finance (AERO) $ 1.86
  • tokenize-xchangeTokenize Xchange (TKX) $ 16.43
  • aioz-networkAIOZ Network (AIOZ) $ 1.14
  • msolMarinade Staked SOL (MSOL) $ 295.82
  • chilizChiliz (CHZ) $ 0.135911
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 100,741.00
  • pancakeswap-tokenPancakeSwap (CAKE) $ 4.00
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  • binance-staked-solBinance Staked SOL (BNSOL) $ 242.08
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,854.34
  • akash-networkAkash Network (AKT) $ 4.47
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  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,090.51
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  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 253.08
  • ordinalsORDI (ORDI) $ 47.23
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  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 100,530.00
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000167
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  • amp-tokenAmp (AMP) $ 0.011220
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.434486
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  • creditcoin-2Creditcoin (CTC) $ 2.14
  • oasis-networkOasis (ROSE) $ 0.130697
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,885.22
  • zksyncZKsync (ZK) $ 0.230447
  • dydxdYdX (ETHDYDX) $ 1.87
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.009453
  • roninRonin (RON) $ 2.27
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  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,881.64
  • arkhamArkham (ARKM) $ 2.56
  • agentfun-aiAgentFun.AI (AGENTFUN) $ 7.87
  • echelon-primeEchelon Prime (PRIME) $ 15.45
  • nervos-networkNervos Network (CKB) $ 0.017246
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.780529
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  • dashDash (DASH) $ 63.50
  • neiro-3Neiro (NEIRO) $ 0.001793
  • gnosisGnosis (GNO) $ 288.78
  • usddUSDD (USDD) $ 0.999854
  • grassGrass (GRASS) $ 3.04
  • 1inch1inch (1INCH) $ 0.528149
  • bazaarsBazaars (BZR) $ 12.00
  • layerzeroLayerZero (ZRO) $ 6.55
  • kusamaKusama (KSM) $ 45.21
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,212.95
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  • dexeDeXe (DEXE) $ 10.72
  • frax-etherFrax Ether (FRXETH) $ 3,868.65
  • turboTurbo (TURBO) $ 0.008483
  • iotexIoTeX (IOTX) $ 0.061844

Expect Opportunities Within Small and Mid-Cap Altcoins Once Correction Settles: Analyst Jamie Coutts

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Crypto analyst Jamie Coutts says that the current correction in digital assets is likely a mid-cycle dip that could be taken advantage of.

Coutts says on the social media platform X that Bitcoin (BTC) and Ethereum (ETH) have held up much stronger than other crypto assets, implying that a potential mean reversion is on the table for smaller projects.

“Smaller cap crypto assets have been taking it on the chin since March high of this year. The past three months have seen the Top 200 equal weight index fall 33% vs. the Market Cap index, which is down around 12%.

This is the breakdown of the three-month sector returns from my crypto classification framework:

Smart Contract Platform -31.58%
Infrastructure -43.28%
Digital World -44.13%
Digital Currency -31.59%
DeFi -31.15%
Applications -38.33%

BTC and ETH have held up -11% and 5%, respectively.

If this is a regular mid-cycle correction we are experiencing, which I believe is likely, then expect some opportunities to be had in the mid and small caps once the market settles.”

Expect Opportunities Within Small and Mid-Cap Altcoins Once Correction Settles: Analyst Jamie Coutts

Source: Jamie Coutts/X

When the rebound happens, Coutts says decentralized artificial intelligence (AI) is another sector that has “genuine opportunity,” but the analyst doesn’t mention any specific coin or project.

Coutts also shares a chart comparing a declining price index of layer-1 smart contract platforms to an increasing number of their daily active users (DAUs). The analyst suggests that the divergence is one of the best signals of health in the crypto ecosystem.

“Web3 users seem less price-sensitive than in the previous cycle.

The number of daily active addresses (DAUs) on SCP (smart contract platform) blockchains is up 30% since March, while the SCP sector index is down approx 30%.

In a sign of how wild the last cycle was, prices are 37% below the all-time high, yet DAUs are 2.6x higher (4.2 million to 11.2 million).

One doesn’t equal the other but if you are looking for a signal on the health of the crypto ecosystem, this is one of the best.”

Expect Opportunities Within Small and Mid-Cap Altcoins Once Correction Settles: Analyst Jamie Coutts

Source: Jamie Coutts/X

Generated Image: Midjourney

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