When it comes to alternative cryptocurrencies, tokens, and assets, a lot of interesting momentum can materialize in the near future. While some markets are struggling for traction, the ABBC Coin price simply doesn’t fall into this category, It seems to pump and dump on regular intervals, with today showcasing some very bullish momentum for no apparent reason other than “because it can”.
ABBC Coin Price Goes on Another Run
Over the past few months, very few currencies have made traders a lot of good money in a 24-hour time span. While most markets will allow for decent profits regardless of their overall market trend, it seems unlikely anyone can pocket gains of over 50% in quick succession. ABBC Coin is one notable exception in that regard, as it would appear to be doing its own thing at any given time. That is not necessarily a bad thing, at least when one just looks at this market as a way to make a quick buck.
Today’s ABBC Coin price momentum is pretty interesting in its own regard. Following another surprising 95% gain in both USD and BTC value alike, one ABBC is now priced at $0.35, or 6,838 Satoshi. Those traders who bought in to increase their BTC holdings will be rather happy with the way things are going today. No one will say no to a 95% increase in BTC holdings for no apparent reason. Cashing out such profits is of the utmost importance before the market sours again.
As has been the case during previous ABBC Coin pumps, the most trading volume originates from TOPBTC, BitForex, and LBank. RightBTC also puts up a valiant fight, but it is not keeping up with the top three at this time. Interestingly enough, none of these exchanges are prominent where other cryptocurrencies, tokens, or assets are concerned. None of the major exchanges list ABBC at this time, which is somewhat indicative of what this market is all about in the end.
On social media, there is always some information to be found pertaining to current cryptocurrency price trends. ABBC Coin was one of the worst markets just a few days ago, a sit lost nearly 10% in rather quick succession. Such losses are not entirely uncommon when it comes to altcoins with a lower market cap. As such, it is all the more unusual to see this market gain 65% in value today.
— CryptoPappy (@Crypto_Pappy) April 4, 2019
It is also apparent no other market will be able to keep up with ABBC’s gains today. Not entirely abnormal, as it would appear this market is firing on all cylinders right now. The only market which comes close notes 1/6th of ABBC’s gains. Even so, all of these markets can look very different in a few hours from now. What goes up must eventually come down, and altcoins are no exception in that regard.
— Mercado Forex (@mercadoforexnet) April 9, 2019
When looking at the big picture, it will be interesting to see what the future will hold. Now that Bitcoin is trying to overcome its bearish momentum, there is a good chance some altcoins will begin bleeding BTC value again. In the case of ABBC Coin, it would appear its bull run could be coming to an end fairly soon, even though one never knows how this particular market will evolve under these circumstances.
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.