Especially for you, we have prepared a chart of altcoins that have great prospects for the future. Have you not heard about EOS, Stellar, IOTA or Cardano yet? It does not matter, because we have collected the most important aspects that you should take a look at!
The cryptocurrency market has gone through a long journey in 2021 as many sub-sectors including decentralized finance (DeFi), nonfungible tokens (NFTs), memecoins and layer-two solutions have witnessed their total value locked and token prices increased to new levels.
The Blockchain industry is growing and turning into more of a fixture in everyday life, the idea of ‘one chain to rule them all’ and the basic theory of blockchain maximalism is turning to fall to the wayside and the focus on interoperability and cross-chain collaboration is coming to the front. One specific project meant to help ecosystem entirely and help in growing the open interest is Gitcoin (GTC) a community of builders, creators and protocols.
This week the entire cryptocurrency market capitalization came back to $1.9 trillion, which was a 20% weekly increase and the highest level seen since May 20. Even though the latest bullish momentum made the investors notice, Bitcoin’s (BTC) went from $33,400 to $45,900 was parallel to the rest of the market.
Recently, the cryptocurrency market showed a new level of strength on Aug. 9 as majority of tokens have tried to sustain recent gains and Bitcoin price reach a new 3 month high at $46,293. Information from Cointelegraph Markets Pro and TradingView shows that the biggest achievers over the past 24-hours were to LoTex (IOTX), CyberVein (CVT) and Swipe (SXP).
Recently, QNT, SFI and XYO gained more than 20% while bulls tried to push BTC and ETH back to their local highs. Bitcoin (BTC) price has jumped back up after its $37,500 low and the digital asset’s reaching back toward the $40,000 mark stimulated bullish activity from many altcoins.
Chainlink (LINK), even though almost unknown in Poland, is currently one of the most popular altcoins in the world. Only last year it recorded an increase of over 500%, which is more than the most popular cryptocurrency, Bitcoin (BTC), and more than almost all leading altcoins. Moreover, as one of few projects in the cryptocurrency industry, it is becoming more and more increasingly applied.
After a quite destructive period, the altcoin market seems to regain strength. Among altcoins, there are several cryptocurrencies that brought users a significant profit if they decided to invest in them at the beginning of 2019. Check what coins are included!
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