Post
Topic
Board Speculation (Altcoins)
Re: What's your opinion about today's Altcoin market situation?
by
Darktongue
on 26/11/2020, 22:58:40 UTC
Till yesterday it felt like we are going through a repeat of 2017 but all of a sudden it's dropping down, what would have caused this dump? Is it related to drop in the value of Bitcoin or else some other reason like whales cashing out ? I feel it was a temporary correction which took place after altcoins went bullish especially XRP and XLM which gained over 100% in last one week.
To understand this dump, we must know about the price correction of Bitcoin.