Today news
About the same in other media
What Cardano, Polkadot’s opposing price actions mean going forward
Reading now: 183
With Bitcoin gaining momentum as it closed in on its ATH, several altcoins seemed to shy away from gains. On the contrary, Polkadot recorded a rally of almost 15% in less than three days. The same came on the heels of the parachain auction launch announcement by Founder Gavin Wood.
Now, a previous article had highlighted how ahead of highly-anticipated upgrades, altcoins tend to see rallies fueled by highly positive social sentiments. Ethereum and Cardano’s trajectories noted something similar too. However, as anticipation died down, the prices consolidated and waited for more hype to pump the tokens.
Notably, DOT too had lost much of its momentum at press time.
However, that wasn’t the only thing that both DOT and ADA had in common. In
Read more on ambcrypto.comAbout this in other media
Can Cardano, other chains’ DApps push LINK to breach immediate resistance ambcrypto.com /3 years ago
NYC and Miami mayors duke it out on Twitter over who is the bigger crypto advocate cointelegraph.com /3 years ago
Why Bitcoin bears are trying to keep BTC price below $62K for Friday’s options expiry cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
