Over 60 Altcoins Depreciated Within The Last 24hrs.

in cryprocurrency •  8 years ago 

()

Well we do know one rule in any market, what goes up must come down. If you check closely you will see that this altcoins had gained value for a couple of days before it depreciated, the depreciation might have been caused by panic on some coins or its just a normal bearish trend.
To start with Ethereum, ethereum did hit its all time high a couple of days ago, the bearish trend is a normal reaction as it seeks support to make another run. Check out on Ethereum theres alot of good news about investors talking about it. Same thing happended to ripple, i talked about how it was going to bull after the multi billion companies implemented its block chain. Read that from here, https://steemit.com/ripple/@brianadams/i-told-you-buy-ripple-xrp
Golemn had also doubled up its price but know its price depreciated against the us dollar.
See the depreciation from the link below.
https://www.coingecko.com/en![]

Follow me!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!