How to Profit During an Altcoin Season The altcoin season is a time to take advantage of opportunities that will give you the most money. There is a lot of uncertainty in cryptocurrency markets, so you should focus on the coins that are proven to have the potential to outperform. Here are...
world of finance. It has become the stable equilibrium among cryptocurrencies based on blockchain technology due to its first-mover advantage. Alternative cryptocurrencies have been created to improve on Bitcoin's technical and practical challenges (more on this later). So, is Ethereum an altcoin?
From a technical perspective, the altcoin market setup displays strength as it holds above an ascending trendline that has supported TOTAL2—the cumulative market capitalization of all cryptocurrencies except Bitcoin— since the 2017 bull cycle. “The altcoin ...
For example, 75 of the top 100 cryptocurrencies by market cap have actually outperformed Bitcoin over the past 90 days. That has led some to claim it's what crypto investors refer to as "altcoin season" now. During altcoin season, investors rotate out of Bitcoin and into smaller-cap cryptoc...
While it seems the meme season is back in full bloom, the original meme coins are not enjoying any of the action. Instead, cryptocurrencies such as Dogecoin (DOGE) and Shiba Inu (SHIB) are still seeing losses during a time when these new meme coins are performing incredibly well. ...
The termaltcoinis used to describe any cryptocurrency that isn’t Bitcoin. For example,Bitcoin CashandEthereumare altcoins. BCH was designed to address some of the issues that might occur with widespread BTC. For example, BCH has faster transfer times and can handle more transactions per second...
Three days later, the altcoin market cap started a 60% rally to $560 billion. Before concluding that the meme-driven coin is essentially a strong predictor for alt season, it’s worth noting that such results should be compared to those of other big altcoins. If Dogecoin lives up to ...
ZCash is an altcoin, a category of cryptocurrency labeled by the crypto community to refer to any cryptocurrency that is not Bitcoin. Many altcoins are different in their purpose and intended uses. Zk-Snark allows for fully shielded transactions in which the sender, recipient, and amount are en...
stop-loss, take-profit, and set orders, which execute automatically according to a coin’s price. It should be noted that stop-loss and take-profit are not guaranteed. It’s important to note that, with all its trading features in mind, eToro ended up on our list ofbest altcoin ...
As Bitcoin loses value, it may seem like it’s just as useful as the cryptocurrency invented for a joke -Dogecoin[1]. But there are genuine differences between these cryptocurrencies, and it’s not just because one is “much currency, such volatility[2]”. ...