Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
The new sharewise is here Clearer, faster, with a light and a dark view — and everything you already know. Try it now
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Altcoins Were On Fire Again Today

TheMotleyFool 
0 0 12.11.24
Why Altcoins Were On Fire Again TodayPhoto, wide shot, wide-angle lens, soft focus, Quarry, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-YQuR80w6IvxjemEoWYDXbEZo.png?st=2023-10-15T10%3A03%3A37Z&se=2023-10-15T12%3A03%3A37Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-10-14T14%3A03%3A01Z&ske=2023-10-15T14%3A03%3A01Z&sks=b&skv=2021-08-06&sig=/3q45HS%2B7KQiNIRh0W63diwmt7u%2BeQQMkMTkhvmYMtE%3D
 

The great crypto rally of late 2024 continued to barrel on over the weekend and well into Monday. With little to halt or even slow their trajectory, coins and tokens continued to vault well higher in value as the work week began.

Over that stretch of time, it almost seemed as if any crypto play was a winner. Meme tokens were particularly sprightly, with Shiba Inu (CRYPTO: SHIB) racing nearly 48% ahead from market close Friday to late afternoon Monday and Pepe (CRYPTO: PEPE) adding 23%. Some of the more "serious" cryptos were also on a serious run; Cardano (CRYPTO: ADA) was enjoying an almost 40% pop while Solana (CRYPTO: SOL) was up by almost 11%.

Predictably, the foundation of this rally is the follow-the-leader nature of the cryptosphere. And that leader is really on a tear -- I'm talking of course about Bitcoin.

Continue reading


Source Fool.com

Sol Stock

€56.10
-0.530%
Sol shows a slight decrease today, losing -€0.300 (-0.530%) compared to yesterday.

Show more
Like: 0
SHIB
Share

Comments

Not a member yet? Sign up for free!