The co-founders of crypto analytics firm Glassnode have predicted a potential rally in Altcoins, just in time for the holiday season.
What Happened: Jan Happel and Yann Allemann, who are known as Negentropic on social media X, have shared their insights. They suggest that Altcoins could outshine Bitcoin (CRYPTO: BTC) in the coming weeks.
The Glassnode co-founders have been keeping a close watch on the Bitcoin Dominance (BTC.D) chart, which indicates the percentage of the total crypto market cap that Bitcoin represents.
They propose that the BTC.D has turned bearish, which could potentially set the stage for altcoins to appreciate in value at a faster rate than Bitcoin.
The co-founders of crypto analytics firm Glassnode have predicted a potential rally in Altcoins, just in time for the holiday season.
加密分析公司Glassnode的聯合創始人預測,山寨幣可能會上漲,正好趕上假日季。
What Happened: Jan Happel and Yann Allemann, who are known as Negentropic on social media X, have shared their insights. They suggest that Altcoins could outshine Bitcoin (CRYPTO: BTC) in the coming weeks.
發生了什麼:在社交媒體 X 上被稱爲 Negentropic 的 Jan Happel 和 Yann Allemann 分享了他們的見解。他們認爲,在未來幾周內,山寨幣可能會超過比特幣(加密貨幣:BTC)。
The Glassnode co-founders have been keeping a close watch on the Bitcoin Dominance (BTC.D) chart, which indicates the percentage of the total crypto market cap that Bitcoin represents.
They propose that the BTC.D has turned bearish, which could potentially set the stage for altcoins to appreciate in value at a faster rate than Bitcoin.