The post Along With XRP, These Altcoins Are Gaining Huge Attention—Can They Rise Above ‘OctoBEAR’? appeared first on Coinpedia Fintech News
The Bitcoin price is fighting hard with the growing bearish influence as it reclaims the levels above $61,000. With the growing hope of a bullish rebound, the altcoins have gained some strength and interestingly, the tokens without much volatility are expected to trigger a fine rise soon. Cryptos like Chainlink (LINK), Aptos (APT), & XRP prices have been closely monitored as the discussions about these tokens have increased to a large extent.
XRP price has witnessed a significant rise in it’s value, which raised above $0.65 for a while. At the same time, Chainlink’s price soared above $12.97 but the Aptos price has continued to rise and appears to be poised to hit a double-digit figure soon. A popular on-chain platform, Santiment, says that traders have been talking more about these tokens, which could be a bullish signal for these cryptos.
According to the post, the traders are excited over the ETP Bitwise filing while the talks around the SEC’s appeal against a ruling have made huge rounds. The appeal against the ruling, which classifies XRP as non-security, has instigated debates about Ripple’s operations and it’s impact on the XRP price. On the other hand, the acquisition of HashPalette by Aptos Labs is expected to strengthen its Japanese base.
Furthermore, Franklin Templeton’s launch of its Onchain U.S. Government Money Fund on the Aptos blockchain highlights increasing institutional interest. Besides, the excitement over the association with SWIFT collaboration in blockchain technology and interoperability. With this, the future prospects of these tokens appear to be bullish. While the APT price has already begun to surge, the LINK price & XRP price are believed to trigger a strong rebound soon.
Source: https://coinpedia.org/price-analysis/along-with-xrp-these-altcoins-are-gaining-huge-attention-can-they-rise-above-octobear-2/