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Why Altcoins Like Toncoin and Dogwifhat Were Crushing It on Monday

TheMotleyFool

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Why Altcoins Like Toncoin and Dogwifhat Were Crushing It on Monday: https://g.foolcdn.com/editorial/images/772293/person-inspecting-a-rack-of-gpus.jpg

As the trading week kicked off, the latest cryptocurrency surge gathered momentum. Many altcoins saw dramatic price rises, with more than a few rising at double-digit rates.

This includes the increasingly more prominent cryptos Toncoin (CRYPT:TON) and meme coin Dogwifhat (CRYPTO:WIF), which were rising by a respective 18% and 12%. Another member of the double-digit club was Lido DAO (CRYPTO: LDO) thanks to its 12% gain.

A combination of generally positive developments for individual altcoins and a very favorable investment environment for digital money helped push those prices skyward.

Source Fool.com

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