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Aaron Arnold, an experienced crypto trader, picks his top altcoins for November.
According to the host of Altcoin Daily’s latest YouTube video, Polygon (MATIC) has surged as companies like Twitter work on projects that require Ethereum layer-2 scaling solutions,
On the other hand, Ether, the world’s second-largest cryptocurrency by market capitalization, reached a new all-time price high of around $4,400 on Friday, topping the previous record high of $4,379 in May, according to CoinDesk data.
ETH is up about 11% over the past week, compared to a 3% rise in BTC over the same period. Technical charts indicate further upside for ether relative to bitcoin, with an upside target toward 0.08 in the ETH/BTC price ratio as discussed in yesterday’s Market Wrap.
Moreover, AnubisDAO was first promoted this week as a fork of OlympusDAO, a cryptocurrency backed by assets in its treasury, according to The Block, which publishes news and research about digital assets. Forks are either minor and major updates in a network protocol, or the open-source software that runs blockchains.
The theme of the fork, advertised on a Twitter account and with a Discord server launch, centered on Anubis, an Egyptian god of death rendered in the likeness of a dog.
Investors poured $60 million worth of ether into a token sale to support the update despite the lack of a website, the report said. A 24-hour sale was supposed to yield anubis, or ANKH, tokens, for investors. However, the liquidity in the pool that enables investors to buy and sell the tokens was removed 20 hours into the sale.
#forexforum #forextraders #currencytraders #forumforex #forextrading
Aaron Arnold, an experienced crypto trader, picks his top altcoins for November.
According to the host of Altcoin Daily’s latest YouTube video, Polygon (MATIC) has surged as companies like Twitter work on projects that require Ethereum layer-2 scaling solutions,
On the other hand, Ether, the world’s second-largest cryptocurrency by market capitalization, reached a new all-time price high of around $4,400 on Friday, topping the previous record high of $4,379 in May, according to CoinDesk data.
ETH is up about 11% over the past week, compared to a 3% rise in BTC over the same period. Technical charts indicate further upside for ether relative to bitcoin, with an upside target toward 0.08 in the ETH/BTC price ratio as discussed in yesterday’s Market Wrap.
Moreover, AnubisDAO was first promoted this week as a fork of OlympusDAO, a cryptocurrency backed by assets in its treasury, according to The Block, which publishes news and research about digital assets. Forks are either minor and major updates in a network protocol, or the open-source software that runs blockchains.
The theme of the fork, advertised on a Twitter account and with a Discord server launch, centered on Anubis, an Egyptian god of death rendered in the likeness of a dog.
Investors poured $60 million worth of ether into a token sale to support the update despite the lack of a website, the report said. A 24-hour sale was supposed to yield anubis, or ANKH, tokens, for investors. However, the liquidity in the pool that enables investors to buy and sell the tokens was removed 20 hours into the sale.
#forexforum #forextraders #currencytraders #forumforex #forextrading
