Every now and again, Bitcoinist has to admit that altcoins serve a purpose. It’s nauseating watching sh*tcoin after sh*tcoin distract fleeting investors, but the data doesn’t lie. Let’s look at the top five performing cryptocurrencies (not named Bitcoin) that are unleashing the bulls right now.
Start of Another Bitcoin/Crypto Bull-Run?
We’ve gotten pretty used to hearing about the rapid demise of most major cryptocurrencies. Bitcoin price 00 lost more than 80 percent of its value in 12 months. ETH tanked by over 90 percent. Crypto, in general, is in danger of sliding into oblivion.
It’s been a long while since most people in this space woke up without flutters in their chest–if they even slept at all.
Sure, the recent breakout has caused more speculative eyes to turn to Bitcoin. It’s more popular than SpaceX and Elon Musk as far as Google searches go, in fact. But, whether BTC has truly hit is bottom or not takes a steely-nerved analyst to call.
However, all the nervous HODLers watching Bitcoin activity may lead…