ETHEREUM BOOMING, WHAT DOES IT ENTAIL FOR ALT COINS?
ETHEREUM BOOMING, WHAT DOES IT ENTAIL FOR ALT COINS?

By Franklinlee | All-things-Crypto | 2 days ago


 

In the past week the price of Ethereum has being booming non-stop without any drop in sight. Its being a beautiful sight after a long time of seeing Ether struggle with the $150 - $160 price range, it is staying firmly above $200 and looking likely to hit $300 real soon.

 

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The big question is what exactly could this mean for Alt coins, as Ether is seen as the de facto leader of alt coins. Personally I think that the rise in the price of ether prices will inspire confidence in investors and they will turn their eyes to alt coins. Viable investments like Uptrennd, Tezos, and other alt coins that inspire confidence will continue to grow as more and more people will continue to invest and buy into them.

When a market leader grows, it is expected that those under it will grow as well. I think this will be the case with ether, the continuous growth of the price of ether will have a rebound effect on other alt coins. Would advice you to go get a bag of some alt coins.


Franklinlee
Franklinlee

Crypto enthusiast, collector, money lover.


All-things-Crypto
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