Category: Altcoins
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Chainlink rallies to fresh highs of $16, but data reveals mounting selling pressure
Chainlink’s price has flashed signs of intense strength in recent weeks, with each pullback being aggressively bought by bulls. This pattern has allowed it to rally up to fresh all-time highs that were set early today, with the cryptocurrency now finding some stability as its price hovers just below these newly formed highs of $16.00.…
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Here’s why Ethereum’s Ampleforth (AMPL) is shooting 35% higher today
After spiking parabolically into the end of July, the pseudo-stablecoin Ampleforth (AMPL) suffered a large correction. Since its Jul. 26 highs, the price of the cryptocurrency has dropped around 70 percent. And the market cap of AMPL, which is how the coin’s performance is supposed to be measured, has collapsed by more than 50 percent.…
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Bitfinex traders are longing Tezos (XTZ) in record numbers as price flirts with $4
Ever factoring in the 12 percent correction Tezos has seen in the past day, the cryptocurrency is one of the top-performing in the past week. According to CryptoSlate data, Tezos, which has the ticker XTZ, is up 17.9 percent in the past seven days and up 27.68 percent in the past month. Investors are embracing…
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This DeFi token by FTX went up 1000% right after launching
SRM, the native token of the decentralized derivatives exchange Serum, saw its price increase by over 10 times right after launching. The project is a collaboration between FTX, a decentralized trading platform, and Solana, an interoperable blockchain platform. The Serum exchange will be powered by SRM, a governance token that will be burnt each week…
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A reckoning is coming for $50 billion in “ghost” blockchains—and DeFi will benefit
Almost all the best-performing altcoins of recent weeks have one thing in common: they’re all related to decentralized finance — often DeFi protocols based on the Ethereum blockchain. Look no further than Chainlink (LINK), a cryptocurrency based on Ethereum that is up by approximately 600 percent from the March capitulation lows. Coincidentally, many of the…
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Chainlink Price Jumped More Than 45% in 48 Hours and 440% in Twelve Months
Chainlink’s token surged more than 45% from $9.53 to $14.09 between Friday and Sunday data shows. The surge saw chainlink’s (LINK) market capitalization shooting to $5.12 billion which makes it the sixth most capitalized token, just ahead of cardano (ADA). At the time of writing, chainlink is the only top ten token with a double-digit…
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A detailed guide to staking ADA on Cardano to earn rewards
Cardano has finally transitioned to Shelley, this allows a fully decentralized network that is running and secured by users staked funds. With the Shelley era of Cardano now well into its second epoch, it’s time users got to know the ins and outs of staking ADA. Stake pools and staking is finally here After over…