Today news
About the same in other media
22.11 - 19:43
Immune to broader market trends, ALGO looks ready to make a dash for $3
Reading now: 304
Until a couple of trading sessions back, the crypto market was seen thriving. On the back of rallies of coins like Loopring and Livepeer, the global crypto market cap, in a first, went on to hit the $3 trillion mark.
The sentiment had, however, flipped to bearish at press time. In fact, out of the top 100 coins, only 9 had recorded gains over the past 24 hours. ALGO was, curiously, one among the ‘elite’ ones.
Now, mid cap alts usually have the tendency to adopt to the broader behavior, simply because they follow the footsteps of large cap coins most of the time. One can consider BTC, ETH to be the first coach, or the control car, of the crypto train.
In effect, other coins are more or less like the subsequent coaches that end up treading on
Read more on ambcrypto.comAbout this in other media
How Musicians Can Make Money through NFTs cryptonews.com /2 years ago
Why Japan Appears Immune to Global Inflation Surge, So Far wsj.com /2 years ago
Andy Byford: ‘We can’t let London’s transport fall into managed decline’ theguardian.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
