
Altcoin Season Is Round the Corner: Santiment
Traders are signaling the possible start of an altcoin rally, fueled by capital inflows into smaller-cap cryptocurrencies.
Traders are signaling the possible start of an altcoin rally, fueled by capital inflows into smaller-cap cryptocurrencies.
Large holders, including the TRUMP development team and Cumberland DRW, have sold a total of $24 million worth of the meme token recently.
Bonk (BONK) price has climbed an impressive 60% over the past week in anticipation of upcoming announcements at Solana’s Accelerate in May.
Ethereum researcher Dankrad Feist has proposed raising the gas limit by 100x, scaling network capacity by 2026.
A crypto investigator, ZachXBT, disclosed that over $330 million worth of Bitcoin was stolen and laundered using Monero, which led to a rise in the price of XMR.
Nexo (NEXO) is on a strong upswing, climbing over 7% in the last 24 hours and recording a 17% gain over the week while announcing reentry in the US.
SOL is showing renewed strength, trading near $151 as analysts point to a textbook bullish pattern and a potential breakout toward $180.
The native token of the Pudgy Penguins digital collection has grown strongly over the past week, but there will likely be a pullback.
WLFI, a Trump-endorsed cryptocurrency project, met with former Binance CEO Changpeng Zhao to discuss global adoption of cryptocurrency.
CSPR surged nearly 60% on April 28, climbing into the top 200 cryptocurrencies ahead of the Casper 2.0 launch on May 6.
SHIB Inu price has risen as the Shibarium DappStore goes live, providing users with a streamlined way to access verified decentralized applications.
Solana (SOL) has shot up more than 5% in the past 24 hours as predictions of the token trading above $200 in the near future emerge.
Sui has recorded a strong run over the past week, triggering speculations of reaching a new all-time high soon.
The TRUMP team cleared the air surrounding the requirements of Donald Trump’s dinner event, which pushed the meme token above $12 briefly in the past 24 hours.
TRUMP price saw a 60% surge after a bold dinner-for-investment offer promised top token holders exclusive access to the President.
Since the inception of bitcoin in 2009, thousands more have sprung up with each of them having their distinctiveness. Bitcoin is often referred to as the king of cryptocurrency each of the other thousands of cryptocurrencies falls under the class of altcoins; be it Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Litecoin (LTC), Monero (XMR), EOS (EOS), TRON (TRX), etc.
All altcoins have their uniqueness in the sense of how they are mined, their nature (whether or centralized or decentralized), underlying technology, speed of transaction, coin distribution mechanism, etc. Although bitcoin is always used as the yardstick when analyzing an altcoin, some altcoins outshine bitcoin in certain specs. Several altcoins are developed on Bitcoin’s framework.
Altcoins are sub-divided into three categories namely; stablecoins, utility tokens, and security tokens. For example, stablecoins such as Tether (USDT), Binance Coin (BNB), Gemini USD (GUSD), USD Coin (USDC), etc. are known to be less volatile than Bitcoin because they are pegged to fiat currencies. However, some altcoins fall under more than one of these categories. You will find more information in altcoin news category.
Altcoins are getting thumbs up from different quarters for playing a significant role in the expansion of boundaries of blockchain adoption and applications. For example, Ethereum is known for its robust blockchain that enables faster transaction time as well as the creation of decentralized applications (dApps). At the time of launch, most altcoins sell themselves as better alternatives to existing ones and usually attempt to improve on the setbacks of known altcoins.
According to CoinMarketCap, there are over five thousand digital currencies in April 2020 although BTC has a staggering 64% dominance in the crypto market. As a crypto investor and enthusiast, stay tuned to coinspeaker.com to get the latest altcoins news around the world to keep you updated and geared up in the crypto space.