Tag: Altcoins

Altcoins to Watch Out for as Bitcoin, Ethereum, Solana Cool Off after Impressive Rally

Bitcoin and some large-cap altcoins have experienced significant resistance in the past few days pushing crypto traders to small-cap and meme coins’ speculation. The crypto cash flow has been moving from Bitcoin (BTC) and large-cap altcoins like Ethereum (ETH), Solana (SOL), and Chainlink (LINK) to small-cap and meme coins as indicated by the traded volume. According to market data provided by Binance-backed Coinmarketcap, the daily average traded volume for meme coins was up approximately 121 percent to around $3.2 billion. On the other hand, Bitcoin and Ether’s trading volume had…

Fake BlackRock XRP Filing Weighs on Altcoins as SOL, AVAX, LINK Decline 8%-12%; Bitcoin (BTC) Slumps 2%

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An already lower crypto market was shaken up further by the fake news. SOL, which was a leader of the altcoin rally by more than doubling in price in a month, tumbled to an 8% loss over the past 24 hours. LINK and AVAX plunged more than 10% and 13%, respectively. Cardano’s (ADA), Polkadot’s (DOT) and dogecoin (DOGE) were each lower by 5%-7%. Original

Altcoins are finally joining the current bitcoin rally as crypto investors turn risk-on

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Altcoins were in rally mode this week after lagging bitcoin in its recent climb to new 2023 highs. While bitcoin touched an 18-month high and ether broke through the key psychological level of $2,000 for the first time since April, the real spikes were in the rest of the crypto market. Solana notched a 40% weekly gain, Polygon’s MATIC token gained 25% and Cardano’s ADA advanced 17%. Bitcoin and ether rose 8% and 15%, respectively, for the week. “The crypto space has largely been a one-man show over the past…

Altcoins Market Share Versus Bitcoin At A 4 Month High: What’s The Trigger?

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Looking at Kaiko’s data shared on November 7 by Dessislava Ianeva, a Research Analyst at the blockchain analyst firm, it is evident that altcoins market share versus Bitcoin (BTC) has been rising in the past four months, reaching a 4-month high, the highest level since July 2023. The surge in market share can be attributed to multiple factors but primarily because of the upswing in Bitcoin prices, improving sentiment across the crypto market, and project-related developments that have attracted capital over the past few trading months. Altcoins market share versus Bitcoin rising…

Top 3 Altcoins For November 2023 That Could 100x Your Crypto Portfolio

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Altcoins have become one of the most preferred ways for crypto investors to secure massive gains in the industry especially given Bitcoin’s massive growth rate in the last decade. Because a lot of these altcoins have significantly smaller market caps, they tend to have a lot of runway for growth, making them an enticing option. So here is a list of the top 3 altcoins that could 100x your crypto portfolio in the coming bull market, in no particular order. Memecoin (MEME): The New Meme Crypto Memecoin (MEME) is the…

3 reasons why Ethereum price is underperforming altcoins

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Ether (ETH) price surged by 6.2% from Nov. 3 to Nov. 5, but the altcoin faces difficulty in breaking the $1,900 resistance. Despite the current bullish trend, Ether’s 17% return over the last 30 days falls short of Bitcoin’s (BTC) impressive 27% gain during the same period. Regulatory hurdles and ecosystem centralization critiques linger Analysts attribute some of Ether’s underperformance to uncertainty surrounding Consensys, a key player in the Ethereum ecosystem. Former employees have filed a lawsuit against the company and its co-founder, Joseph Lubin. Over two dozen shareholders of…

Top 5 Bitcoin-Like Altcoins That Could Make You A Millionaire In The Crypto Bull Run

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With every crypto bull market, there are always altcoins that take the path of Bitcoin and end up securing good profits for their holders. With the larger options like Bitcoin already big enough to the point that their potential for high upside is limited, here are 5 altcoins that could make a Bitcoin-like run in the next bull market. Arbitrum (ARB) Leads The Altcoins Arbitrum (ARB) is a token that was launched less than a year ago in the thick of the bear market and can be said to have…

Expert Insights: 7 Altcoins Showing Promising Breakout Potential

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In a recent X (formerly Twitter) post, renowned crypto expert Miles Deutscher provided valuable insights into his weekly tokens and narrative watchlist, focusing on critical altcoins and upcoming events with significant trading potential.  Altcoins Poised For Potential Breakout Deutscher’s analysis sheds light on several altcoins, including Solana (SOL), SingularityNET (AGIX), Fetch.ai (FET), Ocean Protocol (OCEAN), Arkham (ARKM), Dogecoin (DOGE), and XRP.  Deutscher emphasizes the importance of Solana’s Breakpoint 2023 conference and anticipates major announcements. While previous Breakpoints have resulted in “sell the news” events, Deutscher remains cautiously short on SOL. …