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Topic: Most rising coin of December (Read 37 times)

legendary
Activity: 2254
Merit: 1377
Fully Regulated Crypto Casino
December 23, 2021, 11:00:54 AM
#4
The last month of the year is always filled with a lot of activities that require various transactions, and most found are used as utility coins on various chains and platforms.
So apart from binance coin and ethereum which other altcoin made the top on your list of coins for December.
Avax, fantom, solana, near, terra luna, harmony. These are those coins that are showing great performance. It seems the old era of neo, tron, eos are gone. Before these are the hottest coins and tokens that are massively gaining attention right now. But of course there are some low cap that are unnoticed. Maybe some degen coins like time and spell, quartz and some shitcoins that gone from shit to legit.
hero member
Activity: 1722
Merit: 801
December 23, 2021, 10:57:24 AM
#3
History can be repeated or not, we can not know it but we might have a new history.

If history repeats itself, I think the market will have a very normal January as preparation for good February or April months. Altcoins can not rise  too much and you can not expect them to have exponential rises if Bitcoin is not healthy.

Altcoins rely on Bitcoin because a general trend of market will be decided by Bitcoin, not altcoins. Altcoins come and go but Bitcoin is there since 2009.
legendary
Activity: 1596
Merit: 1288
December 23, 2021, 09:44:21 AM
#2
It seems that you got to know bitcoin in 2017, but in numbers, December is not a special month for many years:

Bitcoin Volatility During December:


Source: https://www.bitcoinmonthlyreturn.com/


Source: https://www.bitcoinmonthlyreturn.com/


There is no accurate historical data for altcoins but most of them did not exist several years ago or track the behavior of Bitcoin and therefore will have similar charts.

What I want to convey is that we should look at the four-year cycle and not the changes in a particular month, and therefore the long-term view of the price of Bitcoin is optimistic and this view is not good for many altcoins.
full member
Activity: 854
Merit: 130
December 23, 2021, 08:00:26 AM
#1
The last month of the year is always filled with a lot of activities that require various transactions, and most found are used as utility coins on various chains and platforms.
So apart from binance coin and ethereum which other altcoin made the top on your list of coins for December.
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