LiveCoinWatch analysts: some altcoins need more than 1000% to reach price highs again

The cryptocurrency market continues to be in a state of correction, but some of the most popular digital assets are gradually approaching their all-time highs. The leader among them is Bitcoin (BTC), which needs only 1.01% growth to reach its price peak again. The situation is similar with WhiteBIT Coin (WBT), which is only 0.5% behind its peak. Other top assets such as Ethereum (ETH), BNB, and Solana (SOL) are demanding more significant gains. However, altcoins, which need to grow in value by 1000% or more, have attracted key attention.

Ethereum, the second most capitalized crypto-asset, needs to add 83.4% to regain its record value, while Solana is up 44.88%. Some of the well-known cryptocurrencies such as Dogecoin (DOGE) and XRP need a significant increase in value at 324.1% and 641.1% respectively. This shows that despite recent corrections, major altcoins remain popular but are not yet ready for a new bullrun.

Lesser-known cryptocurrencies such as Internet Computer (ICP) and EOS are particularly strong performers. They need to grow by 6037% and 5045% respectively to reach their highs. As for Bitcoin Cash (BCH) quotes, they need to grow by 1032%. Also of note, Hedera Hashgraph (HBAR) is up 1045%, VeChain (VET) is up 1087%, and Cronos (CRO) is up 1143%. This points to the severe decline of these coins since their past peaks, as well as the volatility and high risk inherent in some crypto assets.

It is interesting to note that new trends in the cryptocurrency market are often reflected in the movement of smaller and recently launched tokens. For example, Arbitrum (ARB) will need 2039% growth, The Graph (GRT) will need 1707% growth, and JasmyCoin (JASMY) will need 1690% growth, highlighting the importance of fundamentals and infrastructure to their potential growth. These figures demonstrate that investors can find significant opportunities, albeit high risk, in lesser known assets.