3 Low-Cap Altcoins Seeing Major Accumulation as Altcoin Season Heats Up
In the second week of September, the altcoin season index reached 80 factors, formally getting into the acceleration section. This is the stage when capital usually flows into low-cap altcoins, even when they lack main information occasions.
On-chain information reveals that some altcoins with a market capitalization under $200 million are experiencing sharp declines in trade reserves. This sometimes alerts growing accumulation.
1. Euler (EUL)
Euler (EUL) is a non-custodial, permissionless lending protocol on Ethereum. The venture launched in 2020 and raised $40 million from VCs such as Paradigm and Coinbase Ventures. In 2023, the protocol suffered a hack that triggered practically $200 million in losses.
The token’s present market capitalization stands at $181 million, in response to CoinMarketCap. A (*3*)drew important consideration from retail traders.
Santiment information reveals that the September 5 itemizing triggered a pointy drop in trade reserves, which fell to their lowest stage in a yr. Only 289,000 EUL stay on exchanges, which means greater than 500,000 EUL are left because the August peak.
In addition, the protocol’s whole worth locked (TVL) reached a brand new high in September, surpassing $1.5 billion. DefiLlama information reveals TVL has elevated tenfold because the starting of the yr.
This means the protocol’s TVL is greater than seven occasions its market capitalization. Investors might view this as a bullish indicator contributing to the steep decline in trade reserves.
“Not many protocols can run it again after a $200M hack. But you gotta give it to Euler Finance for the insane comeback journey,” investor Anze commented.
2. COTI
COTI is a quick and light-weight confidentiality layer on Ethereum. It introduces a extremely superior and compliant answer for information safety on the general public blockchain.
COTI’s market capitalization stays below $120 million. The token’s worth efficiency has been lackluster, fluctuating round $0.05 for the previous three months.
Recent information, nonetheless, reveals that trade reserves dropped sharply prior to now two days to 812 million tokens, close to the yearly low.
Charts reveal a protracted downtrend in trade reserves, mirroring the worth decline. The sideways motion in current months additional helps the thought of ongoing accumulation.
If capital rotation on this altcoin season performs out as analysts anticipate, low-performing tokens like COTI could attract fresh attention.
Meanwhile, COTI’s TVL spiked in July, with greater than 8 million tokens locked — equal to just about half a billion {dollars}.
3. Robonomics Network (XRT)
Robonomics Network earns a spot on this checklist due to the rising curiosity in combining robotics with tokens. Experts expect this sector to become a strong candidate for the 2025 altcoin season.
“Crypto x robotics will probably be retail’s guess on what will be the largest and most disruptive secular progress development we’ve ever seen,” predicted Simon Dedic.
Robonomics Network is a collection of open-source packages for Robotics, Smart Cities, and Industry 4.0 builders. XRT has a really small market capitalization, below $10 million, and low buying and selling quantity, making it highly risky.
However, Santiment information suggests a optimistic outlook. The token’s worth has held round $2 because the starting of the yr, even as trade reserves rose. By September, reserves started to say no from their peak, suggesting renewed accumulation.
Some traders believe XRT may probably enhance 100 occasions if the robotics sector positive factors extra consideration quickly.
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