Litecoin’s price rally started on April 14, and it has continued since then and its price is up 30% since April 13. The increasing trade volume signals that the price rally may be an extended one. With the steadily increasing trade volume, Litecoin’s price is only 13% away from the ATH. Among top altcoins, LitecoinContinue reading “Should traders invest in Litecoin in the current market?”
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With the launch of new DeFi ETFs, DeFi tokens are seeing a surge in interest even in comparison with NFT marketplace tokens and top altcoins. Though gas fees were considered as a hindrance to institutional adoption of DeFi, ETFs have increased investment inflow, both retail and institutional. DeFi’s TVL has increased to $57.9 Billion, the growthContinue reading “Unique addresses in DeFi increase 10X, here’s why that matters”
DOGE’s price is up over 140% in the last 24 hours and the altcoin is currently occupying the 7th rank according to market capitalization. The volume of perpetual swaps has hit a new ATH of $36.99 billion, increasing by 1877% since April 12 and all Dogecoin HODLers are profitable at the current price level. TheContinue reading “Why Dogecoin continues to attract long-term hodlers”
Chainlink’s price, at the time of writing, was up by over 20% over the previous week. In the ongoing altcoin rally, while the decentralized oracle network’s trade volume has dropped across exchanges, its current liquidity is enough for the price to hike with top altcoins. A reliable metric that signals this is the amount ofContinue reading “Here’s why Chainlink’s price rally may be a long one”
While 8 out of the market’s top-10 altcoins ranked by market capitalization are rallying, there are several alts with lower market caps that are still undervalued. Take Cosmos, for instance. Even at the $26.55-level, Cosmos is undervalued, and there are quite a few retail traders following the altcoin even though it ranks among the mostContinue reading “Why undervalued ATOM, BNB, and THOR are alts to look out for”
In every bull run, there are comebacks, and some comebacks offer a bigger profit realization opportunity than others. In current circumstances, the cases of altcoins like VET, BSV, and LINK may be perfect examples. Consider VeChain, for instance. After dropping down to the $0.04-level in the last week of February 2021, the price made aContinue reading “Here’s why this is the time to book profits in BSV, LINK, and VET”
Despite historical numbers being put up by Bitcoin and Ethereum, it’s none other than Dogecoin that’s now trending on social media after hitting a new ATH of $0.141 recently. While Bitcoin’s price was back at the $63,000-level after hitting a new ATH yesterday, Ethereum’s rally can be speculated to have been on account of theContinue reading “Here’s how Dogecoin is competing with Ethereum to lead the altcoin rally”
Bitcoin’s latest price rally may be short-lived according to on-chain analysis and increasing selling pressure across exchanges. However, altcoins in the top-50 are well above their average prices over the past week, especially in light of the increasing demand on spot exchanges. Among these rallying alts, NFT tokens have done extremely well too. Ergo, theContinue reading “Why Bitcoin’s price rally is killing the buzz of NFT tokens CHZ, ENJ, FLOW”
When Bitcoin rallies, altcoins have historically rallied too. In keeping with that, altcoins like ETH, XRP, and LTC have also been rallying lately. While XRP’s price was nearing the $2-mark, Litecoin was close to breaching the $280-level, at press time. In fact, the altcoin’s price was up by nearly 8% in the last 24 hours.Continue reading “This is why Litecoin’s recent run is sustainable”
The 14th of April 2021 is a historic day for the crypto-community, with the Berlin ETH hard fork expected to go live, alongside a Coinbase IPO valued at over $100 billion. Ergo, it does not come as a surprise that altcoins in the top-25 are rallying, alongside Bitcoin’s run to its latest ATH on theContinue reading “With Berlin looming, how is Ethereum’s price faring?”
Several altcoins in the top-50 have offered double-digit gains to retail traders over the past month. In the top-10, Cardano offered gains worth 694%, with the alt’s price climbing from $0.18 at the beginning of 2021 to $1.43 in the last week of February 2021. In fact, the price had remained largely below $0.55 throughoutContinue reading “Here’s what you might gain with ADA, IOTA, ICX, and BNB in your portfolio”
The daily aggregate trade volume for NFTs has increased consistently since February of 2021. It hit an ATH in March of 2021. Their transaction volume has a direct relationship with the price and the ROI, post-March’s price action. Top tokens like THETA, ENJ, CHZ, MANA, and FLOW are consolidating currently. In the case of THETA,Continue reading “Here’s why THETA, ENJ, CHZ, etc. are competing with top altcoins”