The surge in capital inflows is greater than ever before as data from analytics platform Crypto Quant has revealed that the market liquidity has set a new all-time high (ATH).
As Per Crypto Quant data, the total circulating supply of ERC-20-based stable coins is up by 0.44%. Crypto Quant analysis also projected that the boom in the stable coin supply is not just beneficial to Bitcoin (BTC) but to altcoins as well. Along with the most established Altcoin Cardano, Meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) are also building strong momentum to get to the top 10 most capitalized digital currencies. Altcoins are set to lead as they combine the Bitcoin hype to reach new milestones.

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