TrendsWide
Contact US
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
No Result
View All Result
Home Cryptocurrency

Bitcoin is the Only Coin Worth Holding?

by souhaib
September 27, 2020
in Cryptocurrency
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT


You might also like

Opt for These Metaverse Projects in July 2022

ADA can fall as low as $0.20 if it fails to recover

Will Crypto market & BTC begin strong recovery in 2022

Biggest Single-Day Spike for Bitcoin

Bitcoin which had maintained a 100-day average near $10,400, jumped above the levels after a pretty long time.  Currently, Bitcoin is priced at $10,611 with a gain of 2.91 percent which is considered as the biggest single-day jump in the past two months.

In fact, Bitcoin had crossed $10,700 levels but pulled back. Therefore the new resistance level is found surrounding $11000. 

Is Bitcoin worth holding?

In the crypto space, the new coins are launched every now and then. But the prime focus would be on the coins which sustain themselves amid the drastic downturn. However, the crypto space witnessed the DeFi storm which launched numerous DeFi tokens, which were scrapped within no time. 

As much as 5000 coins were listed on coinmarketcap a month or two before but now left out with about 3000 coins. According to a crypto trader The Wolf of All Streets, in the coming 5-10 years, only 100 coins can survive within the crypto space and most of the coins would fail in order to succeed.

“It won’t be pretty, but eventually a lot of these projects are going to have to die for the space to succeed,” he said.

In the time of an immense downtrend of the whole crypto space which occurred in the past couple of days, the projects that can sustain shall only survive.

DeFi tokens which hurdled the growth of the traditional coins now seems to have settled down without intense fluctuation. Where-as Bitcoin and the other traditional coins maintained a narrow trend, forecasting less volatility.





Source link

Share this:

  • Twitter
  • Facebook
  • More
  • Pinterest
  • Telegram
  • Email
Share30Tweet19
Previous Post

3-Year Accident Protection Plan for All New Fire HD 10 (9th generation)

Next Post

Neo (NEO) price may gain over 70% on this chart pattern

souhaib

Recommended For You

Opt for These Metaverse Projects in July 2022

by souhaib
August 6, 2022
0

Everybody’s talking about the Metaverse! They cannot help it! It garners attention, without even trying! Print media, social media, and word-of-mouth advertising, harp on it! In turn, this...

Read more

ADA can fall as low as $0.20 if it fails to recover

by souhaib
August 6, 2022
0

The price of Cardano (ADA) has validated the last week’s bearish trade setup. This is because now the bears are in profit by nearly 12 per cent. It...

Read more

Will Crypto market & BTC begin strong recovery in 2022

by souhaib
August 6, 2022
0

Will the price of crypto continue to go up? This is probably one of the most important questions that people who use cryptocurrencies are thinking about right now....

Read more

The touch of cryptocurrency is NFTs!

by souhaib
August 6, 2022
0

The non-fungible tokens are unique data stored on Blockchain technology with immutable features. Moreover, once the data is created into the non-fungible tokens is not going to be...

Read more

Singapore needs to rethink its approach to regulating crypto

by souhaib
August 6, 2022
0

Launched in 2009, cryptocurrency is a digital payment system. It allows users to undertake payments on the internet. Crypto tokens make use of blockchain philosophy and decentralized finance....

Read more
Next Post

Neo (NEO) price may gain over 70% on this chart pattern

No Result
View All Result

Recent Posts

  • How To Quickly Reach Quality Hires For Your SMB
  • The euro stabilizes around 1.02 dollars By EFE
  • World Bank announces new $4.5 billion aid for Ukraine
  • Model correct with these wavy hair wigs and glance lovely
  • Norway threatens to ration electricity in fresh blow for UK energy supplies

Browse by Category

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Categories

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Pages

  • Contact US
  • Newsletter
  • Privacy Policy
  • Terms & Conditions

© 2021 - TrendsWide

No Result
View All Result
  • Home
  • Contact US
  • Privacy Policy
  • Trending
  • U.S.
  • Economie
  • Deals
  • Reviews
  • Cryptocurrency
  • Health
  • Life Style
  • NBA

© 2021 - TrendsWide