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Topic: Altcoin market continues to gain momentum (Read 914 times)

copper member
Activity: 1120
Merit: 2
August 04, 2020, 10:07:28 PM
At the present time the market trend is going to be good.However, if there is a price movement in this way, it is expected that the market will return to the position of the 2017.The Alter Coin session is going well and is expected to gradually get better.Understand the market trend that the project portfolio is good to invest there.
sr. member
Activity: 499
Merit: 250
Chainjoes.com
as we have seen, the current situation of the crypto market is getting better, especially BTC prices are starting to show their Exsitensi value again and have had a good impact on several other altcoins such as Eth, bnb, eos etc. The current market momentum can be used by investors or you if you have money then immediately invest with the top coins. I think this is a good opportunity before the market movement increases dramatically.
The market is showing signs of going up in recent weeks and it can be seen that big coins are the options that most big investors trust more. I think investing only in coins like Ethereum, Bitcoin or BNB because these are 3 coins that can increase very high if the market still maintains large stability. Of course, there is a need for specific analysis and I recommend that you check the market situation at CMC because if the value fluctuates, you should consider selling as soon as possible.
jr. member
Activity: 165
Merit: 1
Hopefully this is a sign of a strong bullish season and finally usher in another era of crypto boom like we experience back in 2017/2018. The industry has waited long enough and in that time, a lot of people lost interest in crypto with some labelling it a sham and scam. A bullish season will help kick things back into shape and get everyone believing again.
full member
Activity: 1048
Merit: 101
as we have seen, the current situation of the crypto market is getting better, especially BTC prices are starting to show their Exsitensi value again and have had a good impact on several other altcoins such as Eth, bnb, eos etc. The current market momentum can be used by investors or you if you have money then immediately invest with the top coins. I think this is a good opportunity before the market movement increases dramatically.
legendary
Activity: 1862
Merit: 1327
Altcoin market this week is doing great. Soon we will see explode some altcoin trend! This because btc is pumping and dumping not much and the capitalization of altcoins is increasing day by day
jr. member
Activity: 221
Merit: 1
With the current pumping rate of bitcoin and ethereum, there is no way altcoins won't keep gaining momentum, majorly for the past few years now, altcoins always follow the footstep of bitcoin, when btc dump, altcoins will dump, when btc is pumping, then surely altcoins will pump. Though soon I see alot of changes happening regarding the cryptocurrency market.
sr. member
Activity: 952
Merit: 253
it will take another huge market adjustment for the altcoin market. bitcoin dominance is still high compare to altcoins. As predicted the current price movement shown by some altcons like ADA,VETCHAIN,CHAINLINK,KAVA, BAND PROTOCOL, the blockchain project Elrond and so many defi projects that caused the Market pump are benefactor.
Agree with your opinion, bitcoin dominance decrease is not significant and is still high compared to altcoins. 1 coin vs thousands of coin and still have dominance well above 50%. if altcoins really try to shine I think they should reach minimum of 50% market dominance.
member
Activity: 882
Merit: 17
it will take another huge market adjustment for the altcoin market. bitcoin dominance is still high compare to altcoins. As predicted the current price movement shown by some altcons like ADA,VETCHAIN,CHAINLINK,KAVA, BAND PROTOCOL, the blockchain project Elrond and so many defi projects that caused the Market pump are benefactor.
hero member
Activity: 2156
Merit: 891
Leading Crypto Sports Betting and Casino Platform
That would be a great news indeed that Altcoins are starting to gain momentum despite of the presence of pandemic. This is a really great news to have specially this days. It was so nice to know that there are still sudden improvement on the prices of Altcoins since its been too long when the prices of Altcoins have gained some positive movement. It was just like when the Bitcoin price pumps at the month of January this year when Altcoins shows a positive response on its price and experience a sudden dip when the price of Bitcoin have been affected when the pandemic have started at the month of March in this year also. Good thing that at least now Altcoins are making its way to have such improvement on its prices which is a good indication and news most specially for Altcoin holders. May this positive momentum continue despite of the pandemic although cryptocurrencies are not that directly affected by the situation.
full member
Activity: 1400
Merit: 103
At that time, the growth of altcoins was massive, but now the situation is somewhat different. One project or another shoots up. But there is not much point in comparing the market situation as of December 2017 and now.
With lots of competitions and so many scammed its really difficult for alts to regained those old days, we need to keep
searching for real projects that have good value from this industry, not just a duplicate or another project that already
been offered from other developers, there's always opportunities it just take time and real effort to pick the right project.
Alts will grow in the sense of being well developed.
As for the search for projects, Avalanche raised $42 million based on the results of a public tokensale. And the project has a good background. I think that at least it can be added to the extended list for study.
full member
Activity: 1120
Merit: 101
Ethereum doesn't pegged with bitcoin to get a pump. Recently there was a very big news has come and that makes ethereum gets a big pump and the news was about the launch of ethereum 2.0 test net in the next month. In mt opinion any pump that happened have been getting affected by the news.
Try to look at the bitcoin and ethereum charts on the market today. almost looks the same doesn't it? I believe an update can make a pump. but in the current events, I'm sure it's because of bitcoin.
legendary
Activity: 2282
Merit: 1041
Now a days Some Altcoin rising like bullet, i remeber Dec 2017 when most altcoin are rising very hevily,but in 2020 only few alts are rise till far,we hope we will see soon bull market like 2017.
It caused by this year traders were not blindly pumping any token and mostly pumpers were pumping the token based on the what kind of update that has already published by the team. It's quite different with what's happening in 2017

Really different from what its like in 2017. Its like having an altcoin price correction with the price driven by the Defi projects, we might be able to see altcoin prices moving up faster and delay of bitcoin bullrun. 

Interestingly, some altcoins in the other platforms like WAVES, NEO and EOS are pumping.  I even participated to the new Defi project, now I have more than 5Million of its token that is worth $70 only. I hope to ptofit bigtime.
legendary
Activity: 3108
Merit: 1029
Now a days Some Altcoin rising like bullet, i remeber Dec 2017 when most altcoin are rising very hevily,but in 2020 only few alts are rise till far,we hope we will see soon bull market like 2017.
It caused by this year traders were not blindly pumping any token and mostly pumpers were pumping the token based on the what kind of update that has already published by the team. It's quite different with what's happening in 2017
hero member
Activity: 2282
Merit: 505
It's been a long time here when i see a positive thread about altcoin market Smiley Altcoins are growing faster than Bitcoin. Altcoins dominance is going up against Bitcoin so i guess a new altcoins bull run will come soon.
It is quite possible that altcoins will show themselves even better than bitcoin in the near future. Today ethereum is up more than seven percent to $ 262. At the same time, the price of bitcoin increased by several percent - up to $ 9493. Moreover, the level of capitalization of bitcoin today fell below 62 percent. Against the backdrop of rising prices for ethereum, other altcoins are growing as well. This is good news.
Indeed, today we can see a good rise in the price of ethereum - by 7.6 percent, while the price of bitcoin is growing 1.5 percent. Sometimes ethereum is late in the price movement for bitcoin. However, this coin is now well ahead of Bitcoin's growth. This is good news anyway, as the cryptocurrency market is completely green right now. Finally, our altcoins are on the rise.
Ethereum doesn't pegged with bitcoin to get a pump. Recently there was a very big news has come and that makes ethereum gets a big pump and the news was about the launch of ethereum 2.0 test net in the next month. In mt opinion any pump that happened have been getting affected by the news.
full member
Activity: 2142
Merit: 183
It's been a long time here when i see a positive thread about altcoin market Smiley Altcoins are growing faster than Bitcoin. Altcoins dominance is going up against Bitcoin so i guess a new altcoins bull run will come soon.
It is quite possible that altcoins will show themselves even better than bitcoin in the near future. Today ethereum is up more than seven percent to $ 262. At the same time, the price of bitcoin increased by several percent - up to $ 9493. Moreover, the level of capitalization of bitcoin today fell below 62 percent. Against the backdrop of rising prices for ethereum, other altcoins are growing as well. This is good news.
Indeed, today we can see a good rise in the price of ethereum - by 7.6 percent, while the price of bitcoin is growing 1.5 percent. Sometimes ethereum is late in the price movement for bitcoin. However, this coin is now well ahead of Bitcoin's growth. This is good news anyway, as the cryptocurrency market is completely green right now. Finally, our altcoins are on the rise.
sr. member
Activity: 893
Merit: 250
It's been a long time here when i see a positive thread about altcoin market Smiley Altcoins are growing faster than Bitcoin. Altcoins dominance is going up against Bitcoin so i guess a new altcoins bull run will come soon.
It is quite possible that altcoins will show themselves even better than bitcoin in the near future. Today ethereum is up more than seven percent to $ 262. At the same time, the price of bitcoin increased by several percent - up to $ 9493. Moreover, the level of capitalization of bitcoin today fell below 62 percent. Against the backdrop of rising prices for ethereum, other altcoins are growing as well. This is good news.
yeah that's not impossible but at this point where most of people refer crypto as "bitcoin" it's gonna be a hard feat to achieve. the market capitalization might decrease for bitcoin but it's proven in the past that this kind of event not gonna last for long.
full member
Activity: 2352
Merit: 245
It's been a long time here when i see a positive thread about altcoin market Smiley Altcoins are growing faster than Bitcoin. Altcoins dominance is going up against Bitcoin so i guess a new altcoins bull run will come soon.
It is quite possible that altcoins will show themselves even better than bitcoin in the near future. Today ethereum is up more than seven percent to $ 262. At the same time, the price of bitcoin increased by several percent - up to $ 9493. Moreover, the level of capitalization of bitcoin today fell below 62 percent. Against the backdrop of rising prices for ethereum, other altcoins are growing as well. This is good news.
sr. member
Activity: 546
Merit: 253
Many of the altcoin rally as you can see now there's a lot of project already pump specially the project that is working on defi they have huge amount of profit and many altcoins now is pimping so hard they say that it was the start of bull season when the alts would be the first place to run the bullrun and it was true they already making noise.
As I know, the new coins will tend to increase more because these are options that investors are more interested in. I'm not sure when the altcoin season can return like 2017 but surely only new coins will be able to do this. In addition, there are many Defi projects currently appearing in the market and being a new investment trend, so I believe that if this trend continues, there will be many good investment options for you.
copper member
Activity: 406
Merit: 1
It's been a long time here when i see a positive thread about altcoin market Smiley Altcoins are growing faster than Bitcoin. Altcoins dominance is going up against Bitcoin so i guess a new altcoins bull run will come soon.
hero member
Activity: 3010
Merit: 629
I see only this option as a probable. Bitcoin starts growing, gaining 10-20% a day, after some time Bitcoin´s growth will be slowed down and investors switch from Bitcoin into altcoins and that will cause altcoins bull market Smiley.
This is possible for investors who dont see bitcoin as most valuable crypto compared to altcoins.

If you're planning to invest in alts better to use another capital rather than switching because diversifying is still best.

Currently the market is in green status, seeing the coins improving is better than only few coins are recovering.
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