Vechain [VEN], Monero [XMR] and Litecoin [LTC] the second biggest gainers!
The crypto market is back to green this weekend, with most coins bouncing back. In the list with top gains after NANO are Vechain [VEN], Monero [XMR] and Litecoin [LTC]. The past 72 hours have been a scare for most of the crypto community with almost all the tokens losing more than 15% of their value in no time. The last 24 hours, however, has been good with the good support shown at the $8500 level despite the regulatory and Mt. Gox news breaking out.
Vechain [VEN] has been in the news recently and has been called by analysts as an ‘underrated’ token. After a downfall in the past few days, VEN has gained 16% in the past 24 hours and is currently priced at $3.76 USD as seen at press time. With a market cap of $1.8 B USD, and some top exchanges like Lbank, Binance and Huobi trading VEN, analysts believe there is an all-time high coming soon.
Schwartz, a token holder comments:
“That’s true. I just like the instant free transactions and it has a lot of support. Vechain is my main holding.”
Monero [XMR], a coin that needs no introduction and as history proves, it is very rare that Monero investors crib. Yet, again XMR has increased by 15.73% in the past 24 hours and was trading at $294.75 press time. It has regained momentum from when it had fallen down to almost $243.51 USD earlier this week. Ranked 9 in the market with a capitalization of $4.6bn USD, traders might consider investing without second thoughts. Bithumb, Bitfinex, HitBTC, etc are few among the top exchanges trading this currency with high volumes.
Paul, a Monero supporter quoted:
“Bless Monero, keep improving and stay decentralized forever. Top of Form. The dream of the 90’s is alive in Monero.”
Litecoin [LTC] is another coin in the list to gain huge figures in the last 12 hours. Currently ranked at number 5 according to market cap which is currently at $10.7 billion, Litecoin has increased by 17.22%.
Rahul, an excited LTC trader says:
“Absolutely delighted with the news, we should all parrrtttyyyy!!!! Hoping to see bigger things on the way pretty soon.”
The question everyone seems to have is how long can this support continue and when will Bitcoin break the $11,700 level which could then propel the market for the next bull run.
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