Cryptonews as they happen.
It seems Altcoin season has arrived. Just a quick look on coinmarketcap.com shows why we might be in a bull run like in late 2017 till January 2018.
In the last 7 days 10 out of the top 100 cryptocurrencies rose at least 48% :
It seems that the good old favorites of the last bull run are seriously picking up on bullish traction.
No 1 Stellar Lumens $xlm managed to rise by 141% in just one week.
Another all time favourite is the number 3 in the crypto market XRP $xrp. It was trading at around 25c forever and some people already wrote off the "Banking Coin" all together. Here Xrp is to shines again with an unbelievable rise to 70c UsD.
The Verge/Xvg formerly known for their strong community, has also plunged hard since 2018. Xvg the former Top20 Coin that is now ranked 82nd seems to be jumping out of it's grave with a plus of 112% this week.
Along follows Status the Network Token up 93%
The Nano currency aka Raiblocks is fast in transaction on zero fees. Nice to see the Nano back over 1$ again. A rise of 85% in a weeks time and back at number 76 on coinmarketcap.com is the result.
Number 10 this week is Iota with a plus of 48% in a week.
Outlook
- Bitcoin really hits an all time high: Sit back and relax and welcome to 2017v2.0 Bullrun
- Bitcoin drops again: we would likely see the Altcoins tumble as well again
That's it for the day, no financial advise
Please checkout my Crypto-Picks right here.
Chris aka Goodsoul33
