A quick glance at the crypto markets today will reveal a truth that has been going around over the last few weeks: the bull run is officially underway!
Today in crypto market news, altcoins in the top ten cryptocurrencies by market cap are all in the green for the first time in weeks as investor confidence returns to the crypto markets.
There have been massive changes to the Ethereum price, the Solana price and the ADA price in the past day, as Bitcoin liquidity trickles down into the rest of the industry. Ethereum, Solana and Cardano have historically performed impressively in previous bull cycles and there’s no indication that the reverse will be the case this time around.
Ethereum Dominates As Solana and Cardano Battle For Second Place
There hasn’t been a single cycle where investing in the top altcoins has been a bad move, and from all indications, this cycle won’t be the first. Crypto market news today indicates significant changes to the Ethereum price, the Solana price, and the ADA price as investor confidence and capital return to the crypto market ahead of the bull run.
Ethereum has failed to rally past the psychological $4000 mark for some time now, and the entire ecosystem will be hoping it achieves that during this cycle. If it does, that could mean a huge payday for its holders. The same applies for Solana and Cardano, although both tokens are locked in a tight battle for second place in this cycle.
Away from the top altcoins, though, Remittix is making the case for underrated crypto of the year and could very well be the sort of low-cap crypto gem that boosts investor portfolios in this cycle.
Remittix Could Be The Dark Horse of This Cycle: Analysts
The analysts have called it and the verdicts are in. If there is any crypto worthy of becoming the dark horse of this cycle, most bets are on Remittix, the upcoming PayFi project generating interest within the crypto ecosystem.
Remittix has captured attention thanks to its unique offering within the payments sector, using crypto-based and traditional payment gateways. A great example of this is its crypto wallet, which, albeit still in the beta phase, is expected to power payments and transactions within the Remittix ecosystem. Other prominent features include:
- Direct crypto-to-bank transfers in over 30 countries worldwide
- 50% token bonus for early adopters and supporters
- 20% referral rewards for onboarding new users
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
Source: https://coindoo.com/ethereum-eth-eyes-new-highs-while-solana-sol-cardano-ada-and-layer%E2%80%911-contenders-race-for-market-share/