Crypto traders are struggling to hold Bitcoin price above $68,000, and altcoins are suffering as a result of BTC's weakness.
Altcoin News
The term “altcoin” refers to any cryptocurrency that has launched since Bitcoin (BTC). In the early days of Bitcoin, developers forked the open-source code to create new currencies. Over time, these Bitcoin alternatives began to diverge further from their progenitor with different supply schedules and privacy features. These include Litecoin (LTC) and Zcash (ZEC), among others.
Along with altcoins came a plethora of Bitcoin–altcoin trading pairs that produced a surge in market activity, with traders leveraging the volatility of these crypto assets for high-risk rewards.
The rise of altcoins and their respective blockchain networks marks an era of experimentation and maturation within the crypto industry, as a wider range of use cases of the technology have become possible.
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The wallet received a $30 million controlling-stake investment by crypto exchange Bitget in March 2023 and rebranded shortly after.
4605In addition to the existing Coti tokenholders, the eligibility for airdrop rewards has been automatically extended to all treasury participants.
3862The ambiguous, 24-hour presale promised a bigger allocation for early investors without disclosing any specifics on the project.
7654A crypto whale bought 314 million BOME tokens ahead of its Binance listing, sparking insider trading discussions among community members.
4880Traders want to make their millions on Solana memecoins, but crypto proponents believe this is risky and would benefit the industry if it ends sooner rather than later.
5234Arbitrum unlocked 1.1 billion tokens worth over $2 billion for its team, advisers and investors on March 16.
5026Solana memecoin projects have raised more than $100 million by way of a controversial fundraising model known as “presales” in the last three days.
11746Mehen Finance planned to launch USDM in early 2023 but saw delays after crypto-friendly banks shuttered in 2023 and its banking partner went to work with Circle.
4757Degens were piling into Solana-based memecoins such as Book of Meme and SNAP as the network struggled to keep up with the surge of activity.
21700Bitcoin recovered the $68,000 level, triggering buying in NEAR, APT, RNDR and MKR.
6733Bitcoin is showing the first signs of profit booking, but the bears are struggling to hold the price below $69,000, indicating buying at lower levels.
13783Crypto community members' opinions were split, with one saying “profit is profit” and another saying that the trader “fumbled” generational wealth.
15751The cumulative revenue for the cross-chain protocol which launched in July 2023 has reached $377,724.
7690SOL’s bullish momentum persists, but its TVL remains much smaller than some of its competitors.
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