Traders Shift Focus To Altcoins Amid Bitcoin Dip

While Bitcoin’s price slipped to as low as $93K on Monday, traders have turned their attention to altcoins, uncovering potential opportunities in emerging narratives and under-the-radar tokens.  

The Sandbox ($SAND)  

The metaverse and GameFi sectors are regaining momentum, with $SAND drawing increased interest. Investors are showing renewed confidence in metaverse-focused projects, signaling a shift toward virtual worlds and gaming ecosystems. This resurgence hints at a broader trend favoring GameFi and metaverse assets.

Stellar ($XLM)  

Stellar has been gaining traction, especially among Korean investors, following a recent political event that bolstered interest in the token. On social media, $XLM is frequently linked with market surges and in-depth analysis, further emphasizing its growing importance within the current crypto market landscape.

Ethereum ($ETH)  

Ethereum is standing out as traders discuss its performance relative to Bitcoin and XRP. Bullish sentiment is mounting, with many suggesting Ethereum could outpace other large-cap cryptocurrencies. As the second-largest crypto by market cap, $ETH appears poised to benefit from favorable conditions perceived by market participants.