With optimism about the cryptocurrency market at one of its highest points since 2021, altcoins such as RACA have performed well in the last 12 months, recording double and even triple-digit gains, even surpassing Bitcoin.
The latest data from on-chain analytics firm Glassnode shows that Bitcoin’s year-to-date performance exceeds no greater than the aggregate market capitalization of altcoins, indicating that altcoins like RACA are holding firm and are expected to pave a new altseason in the crypto market.
Reinforcing this upward trend for altcoins, RACA, with data from X, one of the largest social networks in the world, the Crypto Insights portal, highlighted that RACA was one of the Most Mentioned Highlight Cryptocurrencies on BNBChain and also one of the Most Bullish Cryptocurrencies on BNB Chain.
On February 18, independent analyst Stockmoney Lizards told his followers on X that he believes “many Altcoins are about to soar in the upcoming Altseason.”
The analyst stated that the market capitalization of altcoins is above a significant support area and has entered a bull run similar to the 10x returns experienced in 2021. Proof of this is the recent achievements of RACA, being one of the highest valued cryptocurrencies , according to data from Biconomy and HTX
This upward trend of altcoins like RACA is also in the conclusion of the Glassnode report which highlights “our altcoin indicator suggests more mature and possibly sustained growth in altcoin markets”
Supported by DWF Labs, OKX Blockdream Ventures, and the Tachyon accelerator by Consensys Mesh, RACA serves as a web 3.0 infrastructure solution provider. Initially launched as a bidding token with the Maye Musk NFT, RACA has evolved into a robust web3.0 gaming ecosystem!
RACA, the USM native token, serves as a Crypto ‘dApp Store’ of AI Apps and Games, initiated by the ‘Elon Musk’s Mother & Koda NFT’ community
