The pump is again!
Cryptocurrencies are up strongly right this moment, with Litecoin hitting an all-time excessive of US$360 shortly earlier than lunchtime (AEST) whereas Dogecoin reached the extent of US69c, probably for teh lulz. (Don’t make us clarify that one to you).
Can all of us agree to simply depart it right here?#69
— @ ur fav wrapper (@urlurstruly)
Eighty-two of the highest 100 crypto-assets had superior over the previous 24 hours, with 22 posting double-digit positive aspects.
Telcoin and Leo Token had additionally set all-time highs this morning, whereas Leo Token, Ethereum, Chainlink, THORChain, cEth and Ethereum Traditional did so yesterday afternoon.
Litecoin and Chainlink proper now
— JRNY Crypto (@JRNYcrypto)
Telcoin was the most important gainer, up 70 per cent on phrase it
Skilled merchants have been warning these sitting on the sidelines in opposition to FOMO-ing into Dogecoin after its parabolic positive aspects. The coin, buying and selling this morning at US65c, is well the best-performing prime 100 cryptocurrency previously 30 days, up greater than tenfold.
Do you have to purchaseat this level? No.
Do you have to promoteshould you’re holding it? I’d be taking earnings.
These heavy vertical actions onusually finish in a nightmare for almost all.
— Michaël van de Poppe (@CryptoMichNL)
There was some on-line hypothesis that Dogecoin traders on Robinhood have been taking their earnings and transferring them into large-cap legacy altcoins like Litecoin.
wealth impact spilling over to the RobinHood alts: . No different alts accessible on RH but.
Anticipate RH listings to be a serious driver of future returns.
— Alex Krüger (@krugermacro)