Whale Alert, a renowned blockchain tracker, reported a substantial transfer of XRP tokens to the Bithumb crypto exchange. This transfer, involving over 32 million XRP tokens valued at roughly $19.5 million, originated from an unidentified wallet and was executed today at 05:15:10 UTC.

The substantial nature of this transaction places it firmly in the category of ‘whale transactions,’ which are often scrutinized due to their potential influence on market dynamics.

In the crypto space, such significant transfers are typically indicative of strategic moves by influential players within the market.

While the specific intention behind this transaction remains undisclosed, and the whale’s identity is unknown, its occurrence has not led to any notable immediate price fluctuations in XRP, with only a marginal decrease of 0.1% observed so far.

Massive Sell-Off On The Horizon?

Historically, the transfer of substantial amounts of crypto to exchanges by whales has been linked with either an intent to liquidate or to swap for other digital assets. This makes such movements anticipated to result in a price drop following a significant sell-off.

However, a technical analysis of the current situation suggests a different narrative for XRP. Looking at the asset’s chart on the 4-hour time frame, XRP has recently tapped into an order block on the sell side, which could signal an impending price reversal to the upside in trading parlance.

Mainly, an order block in financial markets is essentially a zone where the initiation or absorption of a large volume of orders occurs. It is considered a crucial area on price charts, as traders often expect a reversal when the price taps into these zones.

In essence, an order block represents a consolidation area where significant trading activities previously took place, and revisiting these zones can often lead to a shift in market momentum.

So far, XRP has shown signs of reversal after tapping this orderblock. Particularly, the asset has moved from the price zone of $0.59, where the order block is located, and surged past $0.61 before showing a current retracement that brings its price to trade at $0.60.

Bullish Forecasts for XRP

Meanwhile, the XRP community has been witnessing a series of optimistic analyses from prominent crypto market analysts. Notably, Egrag, a renowned figure in the crypto analysis sphere, recently shared his insights on XRP, indicating a potential bullish reversal for the digital asset.

#XRP Inverse Head & Shoulder Formation in progress (UPDATE): https://t.co/JRvvFEVhBv pic.twitter.com/wy90z4kCO4

— EGRAG CRYPTO (@egragcrypto) November 29, 2023

His analysis identified an inverse head and shoulders (H&S) pattern on XRP’s chart, a technical indicator often suggesting a trend change from bearish to bullish.

This positive sentiment is echoed by another market analyst, Ali Chart, who has projected a promising future for XRP. Ali’s analysis shows that the altcoin seems to be making a decisive break from a descending parallel channel.

#Ripple | $XRP appears to be breaking out from a descending parallel channel, which may result in an upswing to $0.65 – $0.66 for #XRP. pic.twitter.com/gvfeEMKIDX

— Ali (@ali_charts) November 23, 2023

According to his assessment, such a breakout could propel XRP’s price to the $0.65 to $0.66 range. These analyses collectively paint an encouraging picture for XRP, hinting at a potential shift in momentum and opening the possibility for significant price movements in the near term.

Featured image from Unsplash, Chart from TradingView

On-chain data shows that a Chainlink signal that last preceded a 31% rally for the asset’s price has just reversed.

Chainlink Age Consumed Metric Has Observed A Sharp Spike Recently

According to data from the on-chain analytics firm Santiment, LINK has recently seen a significant movement from old coins. The relevant indicator here is the “Age Consumed,” which tells us whether the dormant Chainlink tokens are on the move or not right now.

When the indicator’s value registers a large spike, it’s a sign that the blockchain is currently observing the transfer of a significant number of old coins. Such dormant tokens belong to a cohort called the “long-term holders” (LTHs), made up of the relentless hands of the sector.

As such, this metric surging can be something to watch out for, as it means that these LTHs, who usually remain quiet no matter what’s going on in the wider market, have decided to break their dormancy.

Now, here is a chart that shows the trend in the Chainlink Age Consumed over the last few months:

As displayed in the above graph, the Chainlink Age Consumed indicator has observed a sharp rise recently, implying that the LTHs have been making transactions.

At the peak of this latest spike, the metric’s value touched 4.28 billion, which is the highest level seen since the middle of September. Back then, the indicator registered a spike almost double in scale, and interestingly, what followed in the next couple of weeks was a 31% rally as LINK went from $6.36 to $8.22.

It’s hard to say if a similar pattern would repeat for Chainlink this time since the LTHs could have broken their silence for several reasons, including for selling.

An analyst has pointed out that yesterday (which was about the same time as this spike in the Age Consumed), the whales made many transactions, as the chart below shows.

In total, the Chainlink network observed 2,600 transactions valued over $100,000 yesterday. The spike would confirm that the LTHs who broke their dormancy weren’t just ordinary investors but the whales.

In isolation, it’s hard to say why these two indicators recently observed a spike. Still, when looking at the latest LINK news, perhaps the most likely explanation becomes apparent.

Yesterday, Chainlink staking v0.2 went live on the Ethereum blockchain, allowing the v0.1 stakers to migrate toward the new network. Thus, given the close timing of the spikes in the Age Consumed and Whale Transaction Count, it would appear quite probable that these LTHs were making transfers toward the new staking pools.

LINK Price

Chainlink had observed some drawdown towards the $13.7 mark just recently, but it would seem like the asset has already recovered as it’s now trading around $14.7.

Ethereum has formed a “golden cross” pattern on the 1-week timeframe, marking the second such signal this year. While the long-term implications could be very positive if history repeats itself, there are reasons to temper expectations.

Ethereum Golden Cross And A Possible Target For New ATHs

1W ETHUSD has formed a golden cross for the second time in 2023. A golden cross is a buy signal in moving average-based trading systems. It suggests that the trend is moving in an upward direction and because trends tend to persist, this is notable.

The golden signal occurs when a shorter-term moving average (the 50-week MA) crosses through a longer-term moving average (the 200-week MA) from below. A death cross forms when the opposite happens.

The last confirmed golden cross for Ethereum in December 2020 preceded a massive 600% rally over the next year to the asset’s all-time high near $4,900. A repeat move of similar magnitude this time would put Ethereum above $12,000—over six times today’s price of around $2,000.

However, it is important to note that not all golden crosses lead to the anticipated upside. In 2023 alone, 1W ETHUSD has death crossed and golden crossed twice now, demonstrating how moving average-based systems are prone to whipsaw without an established trend to follow.

An Uptrend Or More Whipsaw? How The ADX Confirms Trends

The whipsawing death cross and golden cross price action on the Ethereum 1-week chart failed to generate follow-through in either direction. So how can we be sure that this isn’t yet another premature crossover?

This is where the Average Directional Index (ADX) comes in when gauging the validity of moving average crosses. The ADX aims to measure trend strength, typically on a scale of 0 to 100.

As the 1-week ADX edges up from below 20, it confirms growing momentum that reduces the odds of more whipsawing price action. Traders often use such ADX readings to confirm golden/death crosses and enter only the most high-conviction signals.

The 1W ETHUSD Average Directional Index isn’t yet above 20, but is approaching this key level. Above it, it gives the golden cross much more validity.

The XRP community and Charles Hoskinson, the founder of Cardano, are currently in the cryptocurrency spotlight as both parties have been involved in a fiery dispute lately.

XRP Community And Charles Hoskinson Face Off

On Tuesday, November 28, an XRP community member, Mr. Huber, took to X (formerly Twitter) and called out Charles Hoskinson. The post was accompanied by a snippet video of Hoskinson calling the XRP community conspiratorial. The post read:

I’m sorry, @IOHK_Charles, but for two years you did everything you could to make the #XRPcommunity to look ridiculous and embarrass us in public. I know you offered peace, but only to come out of nowhere and call us crazy conspiracy theorists again. No look at you. It’s funny what can happen in a year, isn’t it?

Mr. Huber’s X post criticized the Cardano founder on the previous statements he made towards Ripple. Basically, about Ripple’s allegations of corruption in the United States Securities and Exchange Commission’s (SEC) ranks.

Mr. Huber asserts that Hoskinson assisted in the “trivialization and cover-up of Joseph Lubin’s corruption.” According to Huber, it didn’t help the founder because Cardano’s native coin, ADA, is now categorized as a security by the SEC. 

In response to the accusations, the co-founder asserted that Huber was unaware that he was paying for Lubin’s price. The Cardano founder stated:

You believe that assisting in the trivialization and cover-up of Joseph Lubin’s corruption is a constructive approach to bringing clarity to Cardano. But the opposite is true. Joseph Lubin is smirking in your face because you don’t realize that you are paying for Lubin’s price.

Hoskinson further restated that there is no proof of the allegations against the Ethereum co-founder Joe Lubin. As Hoskinson believes, Joseph Lubin did not influence the SEC’s decision to treat Ethereum differently than XRP. Hoskinson stated:

Still waiting on a single piece of evidence for the latter. If you cannot provide it, then yes, you are spreading conspiracies and slander. That’s what this has been about for two years now. And somehow you guys still fight.

Serious Allegations Need Solid Evidence

Hoskinson’s criticism of the dissemination of slander and conspiracies highlights the importance of solid evidence before accusing people of serious allegations. However, members of the XRP community have since criticized Charles Hoskinson’s remarks on the issue.

So far, the Cardano founder asserted that his rejection of the allegations is unrelated to whether Ethereum received a free pass from the SEC. He further discerns between “unsubstantiated conspiracy” theories and what he believes is a valid criticism of regulatory approaches toward cryptocurrencies.

Chainlink, a widely used distributed computing platform, has recently introduced an upgrade to its staking capabilities.

Known as Staking v0.2, this new version adds an extra layer of security to the network and stands as a key component of Chainlink’s Economic 2.0 strategy.

The anticipated duration for the migration of the protocol for the current v0.1 stakeholders is nine days. Users cannot transfer their staked LINK or the associated rewards to version 0.2 at this time.

According to the most recent data, LINK was trading at a price range of $14.7 to $14.9, representing a monthly growth of over 30%. The majority of LINK oscillators exhibit a consistent optimistic bias. The Relative Strength Index (RSI) indicates a possible purchasing opportunity at 50.

#Chainlink Staking v0.2 is officially live on mainnet ⬡

Starting today, existing v0.1 stakers have a nine-day window to migrate their staked LINK and accrued rewards to the 45M LINK v0.2 pool, with guaranteed access before Early Access begins.

https://t.co/pcFAVXct3L

— Chainlink (@chainlink) November 28, 2023

Chainlink (LINK) is experiencing an extraordinary quarter, having gained nearly 100 percent since the start of October. At the time of writing, the altcoin had risen as high as 12th among the largest cryptocurrencies by market capitalization.

LINK holders may still have more to look forward to, as on-chain data indicates that the recent ascent of the token has created favorable conditions for the formation of robust support levels. Among these strongest support levels, according to data provider IntoTheBlock, is the region between $13.15 and $13.50.

Chainlink: Staking And Migration Advancements

LINK maintains its favorable outlook in spite of the general market volatility that has ensued since the regulatory issues faced by the Binance exchange and the discourse surrounding exchange-traded funds (ETFs).

Whale Transactions Up

With the launch of the v0.2 migration, the industry-leading Oracle network Chainlink has provided stakers with a more flexible staking platform. In addition, it features an adaptive rewards system, enhanced security guarantees, and a modular architecture.

Santiment, a market intelligence platform, reports that whale transactions (see chart below) comprising LINK worth a minimum of $100,000 increased by 1,145% in the previous day, from 176 transactions on November 28 to 2,198 transactions as of the time of writing.

Rapid growth in whale activity is typically associated with increased volatility in an asset. Furthermore, according to data from Santiment, LINK experienced a marginal increase in total open interest (OI) within the last day, rising from $211 million to $213 million.

Eleven months have passed since the protocol’s December 2022 introduction of staking on the Chainlink network. A press statement from Chainlink on November 28th stated that the v0.2 update includes an increase in the amount of the staking pool to 45 million LINK.

The aforementioned figure signifies a 96% growth from the initial allocation of 22.5 million LINK to the staking pool in December, which accounted for 8% of the altcoin’s circulating supply at the time.

LINK Price Analysis: Eyes On The $20 Mark

Meanwhile, with Chainlink’s Staking v0.2 in play, LINK’s value is on the rise, prompting the question: Will it hit $20? The excitement is building as investors keep a close eye on the numbers.

The recent boost in LINK’s price has people hopeful about reaching that $20 mark. As the crypto world unfolds, it’s a waiting game to see where LINK’s journey takes us next.

(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).

Featured image from Shutterstock

Dogecoin holders just surpassed 5 million addresses this week, a huge milestone for the meme cryptocurrency. According to data from on-chain analytics platform IntoTheBlock, Dogecoin addresses have been growing steadily since the beginning of the year. At the same time, DOGE is up by 43% from its October bottom of $0.056. 

However, this growth is still small when compared to other popular cryptocurrencies, as DOGE is still yet to reach $0.1 this year. This major growth in addresses could be the catalyst needed for Dogecoin to reach its next price target to push it to $0.1.

New Milestone For Dogecoin

The Dogecoin community is one of the most active in the crypto industry, and the meme token is currently in the 8th spot in terms of market cap. According to IntoTheBlock’s Total Addresses metric, the total number of addresses with a balance crossed over 5 million this week to reach a high of 5.11 million on November 27th. At the time of writing, this metric still stands at over 5 million with 5.1 million addresses.

The surge of new Dogecoin addresses is largely due to growing growing interest and adoption of the cryptocurrency. On the price action end of things, DOGE has increased by 9.00% in a 7-day timeframe as most cryptocurrencies start to turn a profit again after a few weeks of consolidation. 

At the same time, IntoTheBlock’s large transaction metric which measures transactions with a value larger than $100,000 has been increasing, reaching a total of $2.08 billion in the past seven days.

Balance Among Addresses

Despite the rise in addresses with a balance, the holding distribution shows that most of the tokens are concentrated in a few addresses. Around 4.48 million addresses representing 95.5% of the total addresses hold just 1.59% of the total circulating supply. On the other hand, just 700 addresses hold 81% of the total supply. 

There’s also been a surge in the number of daily transactions, with a 102.09% increase in the number of new addresses and an 89.70% increase in the number of active addresses. Notably, there were 221,330 active DOGE addresses on November 27th. According to IntoTheBlock, this is most likely driven by Dogecoin Doginals.

DOGE’s ascent to $0.1 this year seems bleak at the moment, as the crypto will have to go on another 25% increase from its current price in December. DOGE is currently trading around a prior resistance at the $0.081 level and has formed support just around the $0.071 level.  

A continued inflow into addresses could see DOGE break above the resistance, and continue its price surge. The next hurdle would be to break above $0.087 before getting to $0.1 for the first time this year.

An analyst has explained how Dogecoin breaking the $0.087 barrier could open the path to DOGE price levels nearly double the recent ones.

Dogecoin Has Three Important Lines Converging At $0.087 Right Now

In a new post on X, analyst Ali has discussed what the weekly chart of DOGE is looking like right now in terms of some important historical lines. In particular, the levels of interest here are the 100-week EMA, 200-week EMA, and 0.786 Fibonacci.

A “moving average” (MA) refers to an analytical tool that calculates the mean of any given quantity over a specific period of time, and as its name implies, it moves in time and changes its value as the quantity fluctuates.

This basic tool is quite useful as it smooths out the curve by removing local fluctuations, making a study of long-term trends easier to perform. In the context of the current topic, though, a normal MA isn’t of focus, but rather a modified form called the exponential moving average (EMA).

The EMA works like the usual MA, except it places a greater weight on the most recent readings of the quantity. What this means is that the older the reading, the less weightage it has in the metric, so the line’s changes reflect the latest price direction more strongly.

Now, here is a chart that shows the trend in the 100-week and 200-week EMAs for Dogecoin, as well as the weekly price curve of the meme coin:

As is visible from the above graph, these two Dogecoin EMAs have approached each other recently and have converged into a narrow range around the $0.087 level.

In the past, these two EMAs of the cryptocurrency have posed resistance to the price and it appears that the weekly chart of Dogecoin has been struggling with them again, as it has been finding rejection here during the past three weeks.

These two lines aren’t the only ones converging near $0.087, however; it would appear that the 0.786 Fibonacci level is doing the same. The Fibonacci levels listed in the chart are some ratios derived from the famous Fibonacci series.

In this series, dividing any number (except for the first few) by its succeeding number always gives a ratio of about 0.618. The square root of this number is 0.786, which is the level the analyst has marked here.

Dogecoin thus has a major wall at $0.087, made up of the convergence of all these historically significant lines. “Breaking past this barrier could open the gates for DOGE to nearly double its price, aiming for a target of $0.14,” explains the analyst.

DOGE Price

Dogecoin has observed a surge back above the $0.080 mark during the past day, as the below chart shows. It now remains to be seen if the coin will go on to retest this $0.087 level that might be so crucial for the coin.

In his latest analysis, legendary trader John Bollinger has expressed concerns over Litecoin’s performance, particularly in comparison to Bitcoin. Bollinger, known for developing the popular technical analysis tool Bollinger Bands, highlighted a worrying pattern in the Litecoin market.

He remarked, “I was asked for an analysis of LTCBTC. The thing that concerns me the most is its underperformance vs Bitcoin. From a price perspective the controlling LTCUSD feature is the 2 bar reversal at the lower Bollinger Band which is typically considered a bearish signal by traders.”

Bollinger’s Bearish Litecoin Prediction Explained

The chart of the LTC/USD pair provided by Bollinger on November 28, 2023, shows Litecoin’s price action in relation to its Bollinger Bands on both a daily and weekly scale. The price is currently hovering around $69.566, which is significantly lower than the upper Bollinger Band, suggesting a lack of bullish momentum.

The Bands form by plotting a range of standard deviations above and below a simple moving average, commonly enveloping the price action. In this chart, the daily vs. weekly candles chart shows that the LTC/USD price is struggling beneath the midpoint of these bands, which is a bearish indication. The price currently near $69.566 is substantially below the upper band level of around $90, which represents a potential resistance level.

The Bollinger Bands (BB) on the chart are set with a 20-period moving average with a 2 standard deviation range. Bollinger’s analysis points to a ‘2 bar reversal’ pattern at the lower band. This pattern emerges when a bar reaches a high above the preceding bar but then closes below the close of that same previous bar, hinting at a possible reversal from the uptrend. Such a pattern took place near the lower band, indicating that any effort to drive the price higher meets with resistance, and the prevailing selling pressure is taking hold.

The Bollinger %B indicator is also crucial here as it compares the price of Litecoin to the range defined by the Bollinger Bands. A %B value below 0.5 indicates that Litecoin’s price sits nearer to the lower band than to the upper band, potentially signaling weakness. The chart shows the indicator failing to cross the 0.5 level after a plunge toward 0, signifying that the price frequently touches or falls below the lower band.

LTC Price Under Pressure

The Bollinger Band Width (BBW) serves as another indicator, measuring volatility by assessing the Bollinger Bands’ width. A narrowing of the Bands, as seen in the latter part of the chart, suggests a decrease in volatility and often precedes a significant price movement. In this context, the BBW’s narrowing on the Litecoin chart might indicate that the market is tensing, possibly gearing up for an impending breakout or breakdown.

When Bollinger mentions Litecoin’s underperformance relative to Bitcoin, it’s important to note that Bitcoin often leads the crypto market trend. If Litecoin is not keeping up with Bitcoin’s movements, it could suggest a lack of confidence or interest from traders in altcoins (as the current rise in Bitcoin dominance shows) and Litecoin specifically.

In summary, Bollinger’s technical analysis indicates that Litecoin is in a precarious position. The price action at the lower Bollinger Band, the bearish ‘2 bar reversal’ pattern, the sub-0.5 Bollinger %B values, and the narrowing BBW all suggest that Litecoin may continue to see downward pressure in the near term.

At press time, Litecoin traded at $70.05. The 1-day chart of LTC/USD shows that the altcoin fell below the key support of the 0.236 Fibonacci retracement level at $69.98 two days ago. A retest is currently taking place, a daily close above this is of utmost importance for the Litecoin price.

The Securities and Exchange Commission’s (SEC) latest decision wasn’t enough to hold back the foremost cryptocurrency, Bitcoin. The cryptocurrency crossed $38,000 even on the back of the SEC’s move to delay two Spot Bitcoin ETFs. 

SEC Delays Templeton And Hashdex Bitcoin Spot ETF

On November 28, the SEC delayed its decision on Templeton and Hashdex’s Spot Bitcoin ETF application. As part of the announcement, the Commission also invited comments on what has been its major concern up till now: the issue of fraud and manipulation and whether or not the surveillance agreements in place can help curb that.  

Despite this development, the crypto market seemed unperturbed as Bitcoin crossed $38,000, and altcoins also posted some gains. This would come as a surprise to many, considering that the latest momentum in the market has been attributed majorly to the possibility of a Spot Bitcoin ETF approval.

A plausible explanation could be the fact that investors are certain that approval is imminent, irrespective of the actions of the Commission. This is evident in the fact that institutional money keeps flowing into the crypto market. CoinShare’s latest report showed that the crypto market, last week, saw its largest weekly inflow since late 2021. 

Meanwhile, the SEC’s latest delay is an interesting one, considering that a decision on both applications wasn’t due until January 1, 2024. This has led to several speculations as to whether or not this move still means that approval is on the horizon. 

SEC’s Latest Delay May Be A Good Sign

In a post shared on his X (formerly Twitter) platform, Bloomberg analyst James Seyffart questioned the SEC’s actions and what it could mean for a potential approval. He reasoned that the SEC’s decision could be setting things up for a “full wave of approvals” in early January. The analyst had previously put the likelihood of an approval in January 2024 at 90%.  

He further stated that the delay on Hashdex’s application (Hashdex’s announcement came shortly after Templeton’s) confirmed his reasoning. He believes that the SEC is moving to set up all applicants for potential approval by January 10, 2024. He quickly noted that these approvals would be for the 19b-4 and didn’t necessarily mean an immediate launch. 

Scott Johnsson, a notable attorney from Davis Polk, also shared the same sentiments as Seyffart. He stated that the SEC might have chosen to delay these applications early so that the comment period could end before January 10, 2024. That way, they can approve all applications at the same time. 

Terra has stirred considerable attention of late, experiencing an impressive surge in prices that has left market observers intrigued. The catalyst behind this upward trajectory can be largely attributed to notable advancements within the Terra Ecosystem. A recent substantial capital infusion likely instilled significant confidence among investors, acting as a driving force behind the recent upswing in LUNC prices.

Examining The Factors Behind LUNC’s Meteoric Surge

In the last month, LUNC has been on quite a ride, marking an impressive 90% surge in its value. This has triggered discussions, prompting questions about whether this surge is just a momentary spike or the initiation of a more enduring upward trajectory.

The remarkable boost in LUNC’s value finds its roots in a couple of noteworthy events unfolding within the Terra ecosystem. Specifically, Terra Classic Labs strategically invested around $500,000 into TerraClassicUSD (USTC), the algorithmic stablecoin linked to the Terra platform.

Our $LUNC and $USTC weekly burn numbers have come in.

We had a bumper week, with GIGANTIC burns in both.#LUNC finished the 7-day period with 702M #USTC finished the week with 2.2M

We are on track to have the biggest month with regards to the #LuncBurn movement… pic.twitter.com/40SVd2IRTa

— titan2022 (@titan20221) November 27, 2023

The considerable token burn that has taken place recently is another key driver of the rally. The quantity of LUNC tokens in circulation has decreased to 5.8 trillion due to the destruction of around 78.24 billion of them, which could put more pressure on the token’s price.

The cryptocurrency industry frequently uses this process of token burning to control inflation and increase token value by lowering supply.

LUNC Showing Bullish Side

According to data from Coingecko, the price of LUNC has now surged by over 80% this month, with a 71% increase tallied this week in response to the announcement of Mint Cash and Binance’s launch of the USTC perpetual contract.

Furthermore, the increase happens a week after Terraform Labs allocated $10 million in assets among three different liquidity pools. As of writing, LUNC is trading at $0.00011. With a $513 million daily trading volume, LUNC’s market capitalization of $661 million places it as the 79th largest cryptocurrency asset.

LUNC’s indicators are all in very positive positions, which is not surprising given that the coin has increased by more than 30% in a single day. Before the present rally loses momentum, its relative strength index (purple) may peak at near to 90.

Whales are waking up and jumping into #LUNC

— Bull.Lunc (@Bullluncdao) November 27, 2023

The coin’s 24-hour trading volume, which has increased from less than $20 million to more than $600 million virtually overnight, is arguably the most encouraging of all. This surge implies that whales have finally made a comeback to the token, pilfering more of it and igniting a broader rally.

Meanwhile, LUNC and USTC reported milestone price increases over the previous week, according to data from the crypto intelligence tracker Santiment. As a result of the two coins’ historic weekly gains, LUNC and USTC are now the top moving cryptocurrencies on Santiment’s tracker.

Santiment’s analysts predict that the milestone price rallies in both cryptocurrencies are probably signs that investors are suffering from FOMO, or the fear of missing out on these tokens’ gains, which has propelled the assets to the top of the list, surpassing both Bitcoin and Cosmos.

(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).

Featured image from iStock