Market Analysis

Lured in by good news, traders push THETA, GRT and CEL price higher

Institutional investors usually look for liquid assets to buy as they trade in large quantities. Due to this limitation, they tend to stick to Bitcoin (BTC) or a few major altcoins with large market caps. However, retail traders do not have that constraint and this gives them the freedom to choose smaller-cap projects that are backed by strong fundamentals.

Crypto market data daily view. Source: Coin360

While the major altcoins are currently either range-bound or witnessing a correction, a few tokens outside the top-20 by market capitalization have rewarded investors in the past few days. Let’s look at their fundamentals and charts in order to determine if there are any lucrative investing opportunities.