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Trader Says There’s No Support for Altcoin That’s Exploded Over 285% in a Month, Predicts More Pain Looming

Trader Says There’s No Support for Altcoin That’s Exploded Over 285% in a Month, Predicts More Pain Looming

A crypto trader is issuing a warning on a low-cap altcoin that has enjoyed triple-digit price appreciation in a month. Pseudonymous crypto analyst Altcoin Sherpa tells his 196,900 followers on the X social media platform that the decentralized applications (DApps) platform Loom Network (LOOM) is “on the way down” after experiencing “fast bull moves” over […]

The post Trader Says There’s No Support for Altcoin That’s Exploded Over 285% in a Month, Predicts More Pain Looming appeared first on The Daily Hodl.

Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire

Ethereum-Based Altcoin Surges Over 31% in One Day Amid Massive Crypto Whale Accumulation: Lookonchain

Ethereum-Based Altcoin Surges Over 31% in One Day Amid Massive Crypto Whale Accumulation: Lookonchain

An altcoin from the Ethereum (ETH) ecosystem has exploded as one of its biggest holders appears to enter accumulation mode, according to on-chain data. Blockchain tracking firm Lookonchain says that Loom Network (LOOM) rose over 31% in less than a day just as one large whale, potentially Korean crypto exchange Upbit, accumulated nearly $6 million […]

The post Ethereum-Based Altcoin Surges Over 31% in One Day Amid Massive Crypto Whale Accumulation: Lookonchain appeared first on The Daily Hodl.

Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire

Ethereum-Based Altcoin Quietly Pulls Off 242% Rally This Month Amid Support from Crypto Exchange Gate.io

Ethereum-Based Altcoin Quietly Pulls Off 242% Rally This Month Amid Support from Crypto Exchange Gate.io

One altcoin project has pulled off a more than 240% rally this month and secured a listing by a leading crypto exchange platform. The Loom Network (LOOM) kicked off September trading at a low of $0.038 and 25 days later soared to a high of $0.13, a 242% percent increase. LOOM has since retraced slightly […]

The post Ethereum-Based Altcoin Quietly Pulls Off 242% Rally This Month Amid Support from Crypto Exchange Gate.io appeared first on The Daily Hodl.

Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire

Coinbase Lists Two New Ethereum-Based Altcoin Projects, Sparking Big Rallies

A pair of altcoins are seeing bullish price action after a surprise listing by top US crypto exchange Coinbase. In an announcement, Coinbase says that multichain interoperability platform Loom Network (LOOM) is live for buying and selling on its main website as well as iOS and Android apps. Loom Network aims to give developers of […]

The post Coinbase Lists Two New Ethereum-Based Altcoin Projects, Sparking Big Rallies appeared first on The Daily Hodl.

Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire