Post
Topic
Board Altcoin Discussion
Re: What's happening with Bitcoin & altcoins?
by
Kotone
on 17/08/2020, 07:00:00 UTC
It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
I think that is normal. Pump and dump are actually part of the market. Whales are always trying to confuse investors and traders with their move. See what happened on yam and curve. Its so easy to pump a token and coin but surely you must be aware of the consequence that it can drive. Altcoins are always dependent on bitcoin but I noticed the swift changes as defi enter the market. Almost all traders are interested and playing with it.