These 4 alternative cryptos besides BTC will likely perform well on the market so it’s wise to give them a closer look in the upcoming week, so let’s read more in our altcoin news below.
First up we have Ethereum that did pretty well in the past week and there’s no reason to think that it will not perform well in the upcoming week. It increased by 12% over the past week and reclaimed the $1800 level. the cryptocurrency reached a new high of $1943 a day ago but charted a few red candles since then. It seems like a healthy retracement has caught up with the cryptocurrency but we can expect to see it moving higher again.
Another one of the 4 alternative cryptos is Cardano’s ADA that is one of the most hyped altcoins in the past month. Back in February, the cryptocurrencies surged from $0.3 to a high of $1.48 and since hitting its ATH, ADA cooled off. This coin however is one of the coins that have a retail interest that is at a rate that’s not specific for other cryptocurrencies like DOGE for example. In any case, the cryptocurrency cooled off and as we have seen already, once altcoins start to pop, they could enter leading positions.
Up next we have Sushi, which is SushiSwap’s native token as one of the hottest topics in Defi for more than a year. A few days ago, Coinbase said that it listed the coin on its PRO trading platform while the DeFi mogul still receives major recognition from its competitors. The data from DeFi pulse shows that there’s more value locked in SushiSwap compared to Uniswp which is another important milestone to consider. SUSHI is up by 27% in the week and is trading at around $21.
At last, we have Enjin coin or ENJ that is up by 95% in the past week and up by 300% in the past month. while some think that a serious correction will be coming up next, there are a few things to new. ENJ is at the forefront of the NFT craze and has a high-speed bridge network that allows free and instant on-chain transactions.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]
Discussion about this post