Chainlink’s trade volume, at the time of writing, was up 110% in just 24 hours. What’s more, valued at $34.25, LINK was up by nearly 8% in the aforementioned time period too. The last time the altcoin surged to a new ATH ($36.95) was back on the 20th of February, with the crypto’s press timeContinue reading “Here’s why it’s worth looking at Chainlink if you’re a retail trader”
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The first wave of the alt season has hit portfolios across exchanges, and there are double-digit returns from alts like XRP, XTZ, BSV, XLM, NEO, and VET, among others in the top-30 cryptocurrencies based on market capitalization. Among alts whose prices are largely influenced by Hodler distribution and composition, XRP has the largest market capitalizationContinue reading “Apart from OMG, STX, UNI, and BAT, which top-100 alts will see an upswing soon?”
Not all altcoins have rallied this season, there are DeFi and ERC-20 tokens that had an extended rally before ETH’s price hit a new ATH. There are more altcoins that are currently in the buy zone, and then there are rallying ones. The DeFi tokens recovering from the drop in BTC wrapped in DeFi areContinue reading “Altcoin rally: Why coins FIL, KLAY, NEO, MIOTA are now the exception”
Marking the start of the alt season, altcoins in the top 25 on CoinMarketCap are rallying. At the time of writing, 23 out of 25 altcoins have positive weekly returns. Of these, Litecoin, ranking ninth in terms of market capitalization has posted a daily gain of over 4% and the price remains 42% away fromContinue reading “Traders holding Litecoin in portfolios can look forward to this”
With the alt rally kicking in, the top 25 altcoins are rallying towards local ATH or discovery beyond their new ATH. At the same time DeFi tokens like Cosmos (ATOM), Uniswap (UNI), Compound (COMP), Aave (AAVE), Sushiswap (SUSHI) are rallying and offering over 5% daily returns. The 24-hour trade volume on top spot exchanges hasContinue reading “How are DeFi tokens MKR, UNI impacting markets this week?”
In the late hours on Friday, users had issues with their THETA wallet balance, however, the network didn’t suffer an impact and the UI glitch was fixed. Post the scare of a hack, the price was up nearly 4%, and the trade volume has dropped by 21% in the last 24 hours. The dropping tradeContinue reading “Why this week is crucial for THETA”
Following Ethereum’s rally above $2000, and nearly 25% gain in a week, now may be the ideal time to pick altcoins that offer double-digit returns this alt season. It is likely that either the altcoin supply moving out of exchanges would lead to a price rally or a local dip may be incoming. Top altsContinue reading “Why DOT, ADA, TRX, and UNI will lead this alt rally”
Social sentiment has recently emerged as a key metric in indicating a price trend or rally for top altcoins. Based on social sentiment for the past week, XRP was largely negative and this has continued for over a month. Chainlink’s social sentiment has recently turned negative and it has hit the lowest level since OctoberContinue reading “What price movement is expected for XRP and LINK”
Altcoins like FIL have been offering 10x in returns to HODLers and retail traders. In fact, many alts are making a comeback partially due to increased concentration by large HODLers and increased liquidity. For a long time, Bitcoin’s rangebound price action below $60,000 also contributed to the alt rally in the market. With the cryptoContinue reading “Here’s the metric that is influencing YFI and XRP’s prices”
Ethereum, at press time, was trading well above $1,850 and yet, many mainstream narratives continue to consider Ethereum undervalued at the same level. That being said, there are those who have serious doubts about whether the altcoin’s extended price rally will last. Now, an extreme level of crowd skepticism has historically been bullish for altcoinsContinue reading “This Ethereum metric is misleading; here are two things you need to know about it”
Among the market’s top-50 altcoins, the following DeFi tokens – SUSHI, AAVE, UNI, COMP, and MKR – are positioned for double-digit growth in the near-term based on their price action YTD. In fact, the 24-hour trade volume for these tokens seemed to be indicative of the hike in liquidity too. According to top-tier trade volumeContinue reading “Analyzing returns on DeFi ETFs v. SUSHI, UNI, COMP, AAVE”
Though THETA is not listed on Binance U.S or Coinbase, its performance of late has caught many eyeballs. Despite the bullishness of its recent price action, however, THETA’s market capitalization dropped by nearly 4%, with its 24-hour trade volume falling by nearly 45%. Now, while this isn’t exactly good news, what it also indicates isContinue reading “Here’s why this might be a good time to buy THETA”