Now that Bitcoin has finally found its upward momentum once again, all eyes are on the altcoins to determine which markets will see big gains. So far, it remains to be seen how things will evolve, albeit some markets are going on a massive spree right now. The following coins all show tremendous potential in that regard, assuming this uptrend can remain intact.
It is always worthwhile to check the different altcoins and how their individual value tends to move accordingly. In the case of EOS, today has proven to be a rather good day, following a strong 7.285 increase in value. It is not sufficient to dethrone Bitcoin Cash in the market cap top 5 as of yet, albeit it seems these correlations will continue to fluctuate for quite some time to come.
The past few weeks have shown the world Bitcoin SV is far from a defunct project. At least where its market value is concerned, things look very promising for speculators and hopefuls. With another 8.89% increase in value in the books for today, this altcoin managed to create some distance between itself and Tether. Very interesting statistics to keep an eye on, for rather obvious reasons.
It is not uncommon to see all currencies with Bitcoin in the name to get a push when the world’s leading cryptocurrency is on the rise. Bitcoin Cash has also managed to gain just under 10% in the past 24 hours, albeit it seems its value may struggle a bit to reach $500 in the hours and days to come. It is not unlikely that price point will be reached, albeit these markets are still in rather uncertain territory right now.
It is rather interesting to see how the current Bitcoin momentum affects markets outside the top 10. Tron, while still incredibly popular, has slipped to position #12 on the rankings, yet today’s 9.81% gain shows there is still some room for improvement. It wouldn’t take much more effort to enter the top 10 again.
While most people tend to overlook anything outside of the market cap top 15, Ontology has had a pretty good year so far. It too gained quite a bit of value, as an 11.92% increase in price took place just today. This also pushes the value per ONT to over $1.57 again, which is something most holders and speculators will certainly appreciate. Sustaining this growth is a different matter altogether.
Surprisingly, it would appear NEO is the biggest gainer of the entire top 25 right now. This comes as a big surprise, as no one really expected a 22.45% increase in just 24 hours. Such steep gains could indicate NEO will see a rather steep retrace in the hours and days to come as well, although it is still too early to draw any real conclusions in that regard.
Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency.
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