Polkadot, Cardano, Litecoin Attract $6.3 Million Inflows in Epic Market Boom

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Positive inflows highlight growing appeal as investors seek exposure to assets other than Bitcoin

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

On the other hand, smart contract platforms like Ethereum, Solana and Polygon had outflows of $14 million, $2.7 million and $6.8 million, respectively.At the time of writing, Polkadot, Cardano and Litecoin were showing mixed price action as several cryptocurrencies experienced profit-taking on the back of the Bitcoin price drop.

Polkadot was up 2.91% in the last 24 hours to $10, Cardano is trading at $0.664, down 1.74% in the last 24 hours andTomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.

 

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