Crypto Experts Are Loading Up on These 4 Altcoins While They’re Still Cheap – Here’s Why
Top cryptocurrency news today includes Huobi's HT token price jump, Justin Sun's involvement in the first nation-backed cryptocurrecy, and a slight rally in the cryptocurrency markets. At the same time as the wider markets rally, some crypto presales are gaining huge attention from investors as well, raising millions of dollars even in overall tepid market conditions. More on this below.
The HT token price has increased by 15% over the last day due to Huobi's announcement that they will be airdropping the Dominica coin (DMC). This new digital token will be issued by the Caribbean island nation of Dominica and can be used to complete identity verification on Huobi with Dominica digital identification documents.
Meanwhile, the cryptocurrency markets recovered slightly from Monday's mild downturn, with BTC trading up 1.4% to $16,466 on the day, ETH gaining 4.1% to $1,219, and most other crypto assets also in the green. The global crypto market cap sits at $834.82 billion, a 1.80% increase in the past 24 hours.
Despite most assets recovering from Monday’s dip, markets are still relatively subdued as traders are scrambling to figure out “which parts of the cryptoverse are about to break,” as Edward Moya, senior market analyst for foreign exchange market maker Oanda, put it today in a note to investors.
Bear markets are, however, considered a time to carefully choose a diverse portfolio of assets that are well-positioned for the next bull market and potentially think about buying in at attractive price points. Token presales are one such place investors can find well-priced tokens on the ground floor before they hit the market.
One must be careful to select top presale tokens that have a proven use case, proven investor backing,
Read more on cryptonews.com
