Trading above $3200 level, on-chain analysts would agree that Ethereum is no longer undervalued. The altcoin’s price was up nearly 30% in the past week and market capitalization is rising. The altcoin closed with 45% monthly returns in April, marking 7 consecutive positive months for the first time ever. This streak of positive monthly returnsContinue reading “Another first for Ethereum that every trader needs to be aware of”

Polygon has been rallying for the past two weeks. After the expectation of the altcoin’s price hitting $1, it hit an ATH of $0.94 and has been rangebound since then. The trade volume is a tenth of Ethereum, which is $404 Million. It adds to the bullish sentiment of the traders, since the trade volumeContinue reading “What to expect from MATIC’s price over the following weeks”

With rumors circulating that Ripple has plans of going public, despite the ongoing lawsuit with the SEC, it’s no wonder the digital asset is reacting to positive news. Price & Volume rallies expose the efficiency of different blockchains. In the case of XRP, the settlement time is 3.1 seconds and the transaction fee is $0.0004.Continue reading “XRP’s ROI stats that traders need to know”

BAKE of the Binance Smart Chain Ecosystem has ranked in the top 10 ecosystem coins by activity. The social volume, social engagement, and average sentiment are largely bullish for BAKE right now. Among the less popular altcoins that are rallying, BAKE ranks within the top 100 based on market capitalization. In the past week, severalContinue reading “BAKE, NANO, HOLO [HOT]: What ROI potential do these alts have in store?”

Ethereum offers high profitability to short-term HODLers and that makes it popular with retail traders. Institutions like Grayscale are known to HODL ETH, which is held in their AUM. Currently, Grayscale’s ETH Holdings have remained largely the same, close to the 3.2 Million level based on data from Grayscale. The price has no visible relationshipContinue reading “Bitcoin vs Ethereum: These assets offer highest profits to certain types of traders”

The altcoin rally has been led by lesser-known altcoins since the beginning of 2021. ALPHA’s rise from the $0.33 level at the beginning of 2021 to the $2.13 level in April 2021 came as a result of the altcoin rally. ALPHA is not alone, top DeFi tokens like MATIC and AAVE have featured in comebackContinue reading “Why traders can expect this price action from MATIC, AAVE and ALPHA”

Trading close to $3000 level, Ethereum has ranked as the number 1 altcoin in traders’ portfolios. It has made a mark as a HODLers’ altcoin with high short-term and long-term returns. The run to $3000 has seen several dips and buying opportunities along the way, and offered profit booking opportunities as well. ETH has ralliedContinue reading “Here’s the long-term ROI potential of Ethereum that traders need to be aware of”

The spring of 2021 has been largely driven by Bitcoin’s rangebound price action, ETH rallying towards a target price of $3,000, and DeFi’s rally. Since April 2021, over 950k Ethereum have been moved from top centralized exchanges. At the same time, the percentage of Ethereum in circulation now locked in DeFi protocols has risen fromContinue reading “Here are the summer 2021 projections for Ethereum and DeFi tokens”

When Bitcoin took the plunge and its price dropped below the $50,000-level, retail traders and HODLers turned to top-performing altcoins. Popular DeFi and NFT marketplace tokens and altcoins like ETH, BNB, FTT made it to HODLers’ portfolio based on on-chain data. Among the top gainers across spot exchanges, FTT, an altcoin that was ranked 31stContinue reading “Should Ethereum, Binance Coin, and FTT be part of traders’ portfolios?”

While Ethereum volumes are picking up across spot exchanges, the crypto-market’s number one altcoin is also hitting new ATHs accompanied by high demand and high volatility. Bitcoin’s price has been key to this movement in Ethereum’s price since the two assets are highly correlated. A look at the correlation between the two assets makes forContinue reading “Why Ethereum not Bitcoin is ahead in this race”

The ongoing altcoin season is being dominated by Ethereum, dominated to the extent that based on its market capitalization, ETH owns 15.5% of the cryptocurrency market. However, while challenging Ethereum’s dominance, top altcoins from the DeFi space and the NFT marketplace have rallied and offered high returns, redirecting investment flows. Though known for their short-termContinue reading “Are Curve, REN, Chainlink, Terra, and AAVE making a comeback this week?”

Imagine buying an altcoin and giving in to the selling pressure before booking profits vs buying and posting double-digit gains in under 30 days. Selling early is one of the biggest regrets of retail traders and negatively impacts trader sentiment as well. This makes it crucial for traders to define a dream portfolio and HODL/Continue reading “Everything you need to know about traders’ ‘dream portfolio’ with XRP, Binance coin, Dogecoin and Matic”