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| Name | What are Altcoins? What is Altcoin season? |
| Video Uploader | Video From Bitpanda Global |
| Upload Date | This Video Uploaded At 26-05-2021 17:45:01 |
| Video Discription | Bitcoin may be the most popular cryptocurrency, but the King of Altcoins Ethereum just recently hit a new all time high. So, what does alt-coin season mean for you? Keep watching to find out. Chapters: 00:00 - Intro 00:37 - What to expect during Altcoin season 01:30 - What are the most popular Altcoins? 02:03 - Which Altcoins could go up next? #Altcoins #Altcoinseason #Bitpanda #BEST #Pantos #ethereum #ripple #cardano As you probably know, "altcoin" - stands for alternative coin, as in any alternative coin to Bitcoin. You’ve probably heard of the top alt-coins already: Ethereum, XRP, Tether, Polkadot or Cardano or Bitpanda’s very own BEST and Pantos are also classified as altcoins! ▬ What happens during Altcoin season? ▬▬▬▬▬▬▬▬▬▬▬▬ So, what can you expect during alt-coin season? Generally, Bitcoin dominance tends to fall into other alternative coins. In other words, the market cap of Bitcoin decreases compared to the overall market cap of other crypto assets, meaning people move their assets out of Bitcoin and into other tokens. ▬ Why does Altcoin season happen? ▬▬▬▬▬▬▬▬▬▬▬▬ It is virtually impossible to tell exactly what causes altcoin season. However, the generally-accepted idea is that after a Bitcoin bullrun, investors tend to sell some of their BTC to realise their gains. Then, they seem to be buying altcoins with some of these profits, which could lead the prices of various altcoins to go up. Other driving factors behind this particular Altcoin season might include the Dogecoin hype that happened 2 months ago, the NFT craze that is still ongoing and the recent news surrounding the XRP-SEC lawsuit. As you can see, it’s hard to connect it to singular event. ▬ What are the most popular altcoins right now? ▬▬▬▬▬▬▬▬▬▬▬▬ So, what are the most popular altcoins right now? The answer to this question can change by the minute, but here on Bitpanda, Waves, Uniswap and Bitpanda Ecosystem Token have been the most popular Altcoins right now. On a global scale, in terms of coins with the biggest market cap, Ethereum , Polkadot and Cardano have been trending recently. When it comes to coins with smaller market caps, Bitpanda Ecosystem Token and Pantos (PAN) both have experienced changing movements recently, as well as Chiliz , Komodo and 0x. ▬ Which altcoins should you invest in? ▬▬▬▬▬▬▬▬▬▬▬▬ If we could predict the price movements, we would be very happy to tell you what will happen. Unfortunately, we can’t. If you believe you can, then you already have the answer to this question. On the other hand, if you are like us and can’t predict the future, but don’t want to miss out on the next big Altcoin gains either, you should check out the world’s first real crypto index, offered by Bitpanda, where you can choose from indices representing the top 5, top 10 and top 25 cryptocurrencies. Are you ready to be part of Altcoin season? Start trading altcoins on Bitpanda today! https://account.bitpanda.com/register ▬ About Bitpanda ▬▬▬▬▬▬▬▬▬▬▬▬ Bitpanda is a fintech based in Vienna, Austria and was founded in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer. Bitpanda has 2 million users and more than 400 team members. With a PSD2 payment service provider licence, state-of-the-art security and streamlined user experience, Bitpanda has grown into a popular trading platform for newbies and experts alike. The goal is to tear down the barriers to investing and personal finance through digital assets and blockchain technology like cryptocurrencies, precious metals, fractional stocks and ETFs and to bring traditional financial products into the 21st century ▬ More Videos ▬▬▬▬▬▬▬▬▬▬▬▬ ► All videos: https://www.youtube.com/c/BitpandaOfficial/videos ▬ Subscribe ▬▬▬▬▬▬▬▬▬▬▬▬ Subscribe @Bitpanda: https://www.youtube.com/c/BitpandaOfficial/featured?sub_confirmation=1 ▬ Social Media & Website ▬▬▬▬▬▬▬▬▬▬▬▬ ► Facebook: https://www.facebook.com/bitpanda ► Twitter: https://twitter.com/bitpanda ► Instagram: https://www.instagram.com/bitpanda/?hl=en ► Tiktok: https://www.tiktok.com/@bitpanda ► Reddit: https://www.reddit.com/r/bitpanda ► LinkedIn: https://www.linkedin.com/company/bitpanda ► Website: https://www.bitpanda.com/en |
| Category | Science & Technology |
| Tags | bitpanda | bitcoin | crypto | cryptocurrency | exchange | broker | best | pantos | announcement | finance | trading | decentralisation | blockchain |
