Bitcoin remains the most influential cryptocurrency, but over 7,000 cryptocurrencies and other digital assets exist.
Ethereum is leading what is known as Altcoins, and it is the second-largest cryptocurrency by market capitalization. Bitcoin and Ethereum both suffer from excessive network fees and scaling problems, and the third generation of cryptocurrencies is where the most significant potential emerges. They incorporate fixes to existing issues and continue to gain market share in one of the most competitive sectors. Adoption gathers pace, but global regulators pose a threat and challenge to all assets in this class. Binance Coin, owned by cryptocurrency exchange Binance, stablecoin Tether, Cardano, Polkadot, XRP, Uniswap, and Litecoin are some of the more prominent cryptocurrencies to monitor. There are dozens of other exciting projects, from privacy coin Monero to rising star Dogecoin, Tron, Cosmos, Neo, BAT, and QTUM. Rather than trying to be everything to everyone, like Bitcoin and Ethereum, third-generation cryptocurrencies address specific challenges and offer a real-world application today. The growth of decentralized apps or dApps and non-fungible tokens (NFPs) add another layer of in-demand solutions to existing issues, making crypto excluding Bitcoin an attractive but volatile sector with tremendous potential for investors and traders alike
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DOGE/USD traded to a long term low of nearly 0.10680000 on the 24th of February.
Litecoin has dropped just a bit during the trading session on Friday to reach down towards the $100 level, but at this point in time it looks as if it is going to continue to find interest in this region.
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The Ethereum market initially pulled back just a bit during the trading session on Friday but found plenty of buyers just above the $2500 level to keep things stable.
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The Ethereum market broke down significantly during the course of the trading session on Thursday to slice below the $2500 level before bouncing again.
Stellar Lumens has had a rough day during the trading session on Thursday as Russia has decided to invade Ukraine.
ETH/USD has been hit by a strong wave of selling pressure overnight as nervous sentiment has gripped global speculative assets firmly.
The Monero market tried to rally a bit during the course of the trading session on Wednesday as the $150 level continues to see quite a bit of support around it.
ZCash has rallied ever so slightly during the trading session on Wednesday as we continue to pay close attention to the $100 level.
AVAX/USD has reversed higher after hitting significant lows yesterday, and speculators now need to focus on technical resistance and market sentiment.
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The Ethereum market did initially fallen during the trading session on Tuesday to reach down towards the crucial and psychologically important $2500 level.
Solana bounced ever so slightly during the session on Tuesday as the $80 level has offered significant support previously and showed itself to be relevant again.
DOGE/USD has fallen to significant short term lows as the price of the speculative cryptocurrency moves quickly around 0.12750000 cents as of this writing.
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The Monero market initially tried to rally on Monday but gave back gains to slam into the $150 level.
The NEO/USD market fell significantly on Monday as it looks like we are going to fall and reach towards the $20 level.