I came here with new updates about Cryptocurrency. Here again, is good news about Cryptocurrency. So I deeply observed and after analysis, I am sharing with you. So today I will share all the news and information which I gathered from yesterday. Before you step into the Cryptocurrencies world, you should have an idea and full knowledge about recent developments and the fluctuating Cryptocurrency market.
Nowadays the cryptocurrency market is bullish but yesterday some Cryptocurrencies Coins made their all-time high. Such as Ethereum and Polkadot.
Polygon (MTIC)
When Ethereum prices increase some Ethereum killer coins make their all-time high. Yesterday Ethereum made its all-time high. So due to overload of traffic Ethereum coins transaction effect. To compensate for this problem some Indians made a Coins name polygon. It makes it easier for Ethereum to transfer or regulate Ethereum transactions.
As a Result polygon price also increased. So as Ethereum price would increase, polygon price also increased. So buying polygon coins is the best option.
Nowadays it has a 13.32 billion market cap and the price is 1.96$.
Ethereum all-time high: yesterday Ethereum made its all-time high. For good Cryptocurrency research, we should know the reason behind this sudden hipe. What I studied is that new NFTs are joining Ethereum and according to the previous prediction was around 10,000$ but as it is fluctuating it can touch 14000$.
Keep in mind nowadays Ethereum supply is low and demand is high so definitely, it will pump. So the best time to hold Ethereum or buy. So I suggest you buy it if you can. Nowadays it has a 152 billion market cap. That is very impressive.
Solana (SOL) yesterday also made it to an all-time high. All of us were talking about Cardano but it made its all-time high. The reason behind this is that more NFTs are joining the Solana coin. if the market remains high so its price is predicted to touch 310$ to 320$. Finally, it defeated Cardano. It jumped from rank 6 to 5 in Cryptocurrency ranking. Now it has a 68 billion market cap.
Don't panic about Cardano. If it goes down still you have to buy it because it has more of a chance to go up. The main reason behind it is that it is a good coin with a high ranking. So definitely it would make it an all-time high.
Yesterday, luckily, my friend asked me to buy a good coin. I gave him the advice to buy a Cardano coin. That time it had a price of 1.92$. But check its price right now. It has 2.03$. He made a profit. Same as I told you in a previous article to buy a Cardano coin. Still, you have enough time to buy it. It will boom.
XLM: it is also near to making it an all-time high. In reality, XRP faces many issues regarding its securities. So-called security token. Due to high pressure, its values id down other it would ve at 3 or 4 rank in the Cryptocurrencies table.
XLM: it is said to be a ripple hard fork copy. But Ripple and XML are two different market capabilities. XLM came into existence only to facilitate the global payment system. eg western union to convert into the digital market. It also has a good rank in the Cryptocurrency table. So you can hold it for a long time. In future, you are going to gain enough revenue from XML coins.
BTC: I collected very interesting updates about bitcoin. When I was looking at the weekly graph I saw when the Bitcoin price went down in the last few days, a lot of holders sold their coins and earned very good profits. So still good news is coming out regarding Bitcoin. So stay tuned and wait for the perfect time. U also can look into the picture below where a green candle shows that people exchanged their Coins and earned profit.
Today's news again about Australia. In my previous article, I added that Australia is thinking seriously to regulate Cryptocurrency and becoming a Cryptocurrency hub. So here is another new thing that I wanna share with you that Australian national common wealth banks which are under the Australian government allow their customers to exchange, hold and sell their Cryptocurrencies through a bank app. So this is a very good development about Cryptocurrency. Because during the dip we heard a lot of rumours that Cryptocurrency was going to bank all over the world but nothing was going to happen like that. So Stay happy and trade with Cryptocurrency and earn your profit.
I wish you all the best thanks for reading. Good evening ladies and gentlemen.
Looking forward: @TheRandomRewarder
I want to trade but I don't know how🤦♀