LISK (LSK) led a notable surge in mid-cap altcoins on November 11, climbing 71% to reach $0.35. This rally highlights a shift in market momentum, with other significant gainers including FIRO, UNI, BLESS, WOD, and MODE, which saw increases of 25%, 23%, 17%, 15%, and 13% respectively. The movement suggests a capital rotation into undervalued tokens with practical applications in areas like digital identity and decentralized finance.
The CMC Altcoin Season Index is currently at 31 out of 100, indicating that the market may be in an early accumulation phase for altcoins rather than a full-fledged altcoin season. This trend underscores the importance of selectivity and risk management for investors navigating the current market dynamics.
LISK Soars 71% Amid Mid-Cap Altcoin Rally
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