As August 2024 unfolds, the Ethereum ecosystem showcases a dynamic landscape where LINK emerges as the frontrunner, boasting a market cap of $6.19 billion, followed by UNI and AAVE. LINK’s consistent dominance since early 2023 underscores its stability and widespread adoption, making it a key player in the market. However, whale concentration in tokens like RPL (94%) and AXS (93%) raises concerns about potential price manipulation, indicating a riskier environment for smaller investors. On the volatility front, CRV (1.36) and LDO (1.21) stand out, offering high-risk, high-reward opportunities, while AAVE (0.85) and MANA (0.8) provide more stable options for cautious
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