Top 3 altcoins to buy the dip as cryptocurrencies recoil

Top 3 altcoins to buy the dip as cryptocurrencies recoil
фото показано с : invezz.com

2021-12-30 06:25

Cryptocurrency prices suffered a harsh reversal this week after they bounced back during the Christmas weekend. It is unclear why this happened as Bitcoin crashed from $52,000 to about $47,000. Their total market capitalization fell from $2.6 trillion to about $2.4 trillion. This article will look at the top 3 altcoins to buy the dip.

Polygon

Polygon (MATIC) price has declined by about 2% in the past day. It is trading at $2.58, which is close to its all-time high.

Polygon is a layer-2 network that helps developers to optimize their Ethereum applications. Many developers are also considering building their apps directly on the platform.

As a result, Polygon has seen significant growth recently as the number of DeFi apps in its ecosystem has grown to 149 and the total value locked (TVL) risen to $5.5 billion. The most popular recent addition to the network was Uniswap, one of the biggest DeFi platforms in the world.

More apps are moving to Polygon. This means that there is a possibility that the Polygon price will keep growing in the near term.

Terra

Terra (LUNA) is a South Korean blockchain project that has been in an explosive growth recently. The network allows developers to build apps such as those in the DeFi industry.

While Terra has just 13 apps in its ecosystem, they have a TVL of $18.1 billion. This makes it the second-biggest platform after Ethereum. It is even bigger than popular names like Solana and Binance Smart Chain.

Terra is also known for its stablecoins. The most popular of them is TerraUST, which has become the fourth-biggest coin in the world. Therefore, as its adoption grows, there is a possibility that the Terra price will rebound.

Fantom

Fantom (FTM) is another Ethereum-killer that is also popular among developers. The company also helps developers build decentralized applications. Recently, it has seen the number of apps in its ecosystem grow to 102 and their TVL rise to $5.79 billion. That has made it the 6th biggest DeFi building platform in the world.

Fantom price has jumped sharply in the past few days, bringing its total market capitalization to more than $5.87 billion. As its popularity grows, there is a possibility that its price will bounce back.

The post Top 3 altcoins to buy the dip as cryptocurrencies recoil appeared first on Invezz.

origin »

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

crashed bitcoin happened unclear market capitalization fell

Источник: invezz.com

crashed bitcoin → Результатов: 126


Фото:

Bitcoin Price Crashes Over the Weekend: Still No Recovery

The last week has been a very exciting time for Bitcoin. Not only did the coin hit a new all-time high, but it also crashed soon after, robbing investors and traders of a peaceful weekend. Bitcoin Price Drops by Nearly $15k in a Four Days The news of Bitcoin price dropping dominated the headlines over […] The post Bitcoin Price Crashes Over the Weekend: Still No Recovery appeared first on Invezz.

2021-4-20 17:23


Фото:

MicroStrategy Buys Another $15 Million of Bitcoin, Unrealized BTC Profits up 100% to $2.3 Billion

The CEO of MicroStrategy–the business intelligence platform listed at NASDAQ, Michael Saylor, has confirmed that the firm bought an additional 328 BTC for roughly $15 million in cash. MicroStrategy’s Confidence in Bitcoin Their Form 8-k records on Mar 1 reveal, their doubling down came when Bitcoin and crypto prices crashed, falling approximately 30 percent fromRead More

2021-3-2 20:00


Фото:

Bitcoin On-Chain Data Reveals Chinese Mining Pool Behind Its Crash

An otherwise decentralized cryptocurrency, Bitcoin, might have become a victim of a centrally orchestrated price dumping attempt. According to data fetched by CryptoQuant, a South Korea-based blockchain analytics firm, Bitcoin miners at Chinese mining firm F2pool started the massive sell-off that crashed the BTC/USD exchange rate by almost 20 percent in just less than 24 hours.

2021-1-22 14:26


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Terra Classic Votes on This Key Community Proposal

The Terra Classic community is voting on a proposal to reduce users’ network costs. The codebase currently deploys forked versions, which increases total maintenance costs and missed upstream improvements.

Montenegro to finalize Do Kwon’s extradition by Oct. 20

Do Kwon’s extradition chapter may be finalized as soon as Sunday, Oct. 19, according to local Montenegrin media. The government of Montenegro has reportedly decided where to extradite Terraform Labs co-founder and crypto fugitive Do Kwon, Minister of Justice Bojan…

Bitcoin wallet linked to Terraform’s Do Kwon moved $62m

Amid Terraform Labs’ ongoing unwind and the extradition battle involving its founder Do Kwon, a wallet linked to both entities moved $62.8 million worth of Bitcoin. According to data from Arkham, an address associated with the beleaguered blockchain firm Terraform…

Notcoin bear trend continues, are Toncoin and Bitbot better choices?

Bitbot, a new entrant in the crypto trading landscape, has completed its presale, positioning itself to leverage advanced AI and security features. The Bitbot token (BITBOT) presents a unique investment opportunity, aiming to revolutionise how traders interact with the market.