list Announced: Big 'Discount' on LINK Coin and O 36 Altcoins _!

While Bitcoin and Ethereum continue to rise in the crypto bull market of 2024, many altcoin are yet to catch up and offer attractive discounts for savvy investors. That's according to a recent report by leading Asian journalist Colin Wu, who compiled a list of the top 37 cryptocurrencies that have experienced negative year-to-date (YTD)... Here's a list of older cryptos like LINK coin.

Colin Wu shared a list of LINK coin and 36 cryptos

The current bull cycle started in late 2023, gained momentum in October, and really took off this year, with Bitcoin surpassing its all-time high in 2021. However, unlike Bitcoin and Ethereum, which had impressive YTD gains of 48.9% and 36%, respectively, many altcoin lagged behind.

Corrections in the price of Bitcoin attracted attention

Recent market corrections, largely driven by Bitcoin's price movements, have forced several altcoins to abandon their earlier gains. The best-performing Cardano (ADA), Internet Computer (ICP), Chainlink (LINK), and Avalanche (AVAX), which were the best performers in the early phase of the bullish market, fell victim to this trend.

Currently trading at $0.46, ADA has lost a whopping 21.52% year-to-date. Similarly, AVAX is currently experiencing a 9.10% loss on YTD at $35.05, despite experiencing explosive growth since November 2023. The ICP, which is up over 200%, rising from $5 in December 2023 to $19 in March, is currently trading at $13.27, reflecting the slightly negative growth in YTD.

Attractive entry opportunity?

This scenario is in line with data recently shared by Santiment, a renowned market intelligence platform. Their analysis shows that altcoins, with their current discounted prices, present a significant acquisition opportunity for investors waiting for the continuation of the bull rally. Other notable assets on Wu's list that have experienced negative YTD growth include APT, XLM, and FIL. Although these coins are trading in the red, Santiment's data shows that they may offer attractive entry points ahead of the expected bull market surge.

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