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What Altcoins To Consider Now?

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August 19, 2021 12:14pm

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Bears Hover The Crypto Market! 
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Bears Hover The Crypto Market!


Hey Folks,

Today the Crypto market has started off its day with major currencies like Bitcoin and other Altcoins signalling red and green. Cryptocurrency have continued to plunge with Bitcoin trading below $45,000 and Ethereum below $3k, but this downfall will definitely not be for more time and these currencies will rise again.

Today’s Coinpedia news report is focused on Dogecoin, XRP, among others Altcoins

#1 XRP To Consolidate ?
XRP price could accumulate for a couple of days more before it regains the positions at $1.2. However, the bears currently appear to be strong and could attempt to drag the price again. But, bulls could jump in action any time to uplift the Ripple price.

#2 Dogecoin Price Breaks The Trend Line

With the most dominant asset Bitcoin feared to plunge below $44,000, many altcoins seem to have lost their grip. Dogecoin price had surged above $0.35 and the next stop at $0.4 appeared pretty clear. Yet with the fresh downtrend, the DOGE price could revisit lower levels below $0.27.

#3 Utopia P2P Introduces Anonymous USD Stablecoin

The UUSD stablecoin is built upon Utopia’s serverless peer-to-peer blockсhain that currently powers an all-in-one kit for secure instant messaging, encrypted email, voice communication, and private web browsing. Also know about the Altcoins that should be on radar in the current bull ride

#4 Crypto Regulations Could Bring Institutions to DeFi

One of the players in this sector that focuses on bridging Centralized Finance (CeFi) to DeFi is the Alkemi Network. This platform features an institution-grade liquidity network, offering CeFi institutions a professional avenue to invest in DeFi.

#5 Bybit’s Next World Series Trading Contest

Following the success of its 2020 WSOT, where 12,000 global traders battled for their share from a $1.27 million prize pool, Bybit’s 2021 WSOT edition promises to be more significant. This year, Bybit has expanded the total value of its prize pool to a whopping $7.5 million USDT

#6 Are You Making These Trading Mistakes?

We can see many traders are trading Bitcoin and other top altcoins and gaining huge profits. But the Crypto market is not always about winning. It is not too late to enter the crypto space, however there are a few trading strategies to keep in mind before you start your trading. Watch now!!

Are you a newbie in the Crypto space and get confused with the reading? Here is a complete guide to help you with

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Team Coinpedia

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