Which currencies bounced back the quickest?

Observing the market dip and what looks like could be the beginning of a recovery (tough to predict, but it appears to be the case, for now, anyway), a couple currencies stood out amongst the crowd.

First, we have Digixdao, fluctuating wildly between $250 USD up to $450 and down, and up again, in the last couple days. This is a possible answer to the current Tether woes of the market, marrying the reliability of the Ethereum blockchain with a gold standard of value. For more information on Digixdao, check out their website at https://digix.global/dgd/. Considering current events, it's no surprise that a token like this would be taking off in popularity.

Next, we have Raiblocks - an interesting solution to scalability and cost-free transactions. Raiblocks changed its name to NANO and just launched on Binance, so it's no surprise that it is having a better recovery than most other coins. For more information on NANO (formerly Raiblocks), check out their website here: https://raiblocks.net/

It might be best to wait for these two currencies to take another dip before taking a position in either of them. In the meantime, it will be interesting to see which other currencies might take off over the next few days.

Ethereum seemed to finally take a rest after holding up strongly against most of the market, and is now finally settling down to a slightly lower price, hovering in the low $900 range. Most other major currencies are following a carbon-copy pattern of Bitcoin's movement, jumping earlier today and then settling in volume and price.

It still appears to be a good time to buy into most major currencies as they continue to be in a fairly depressed state. As mentioned before, I recommend spreading out your cryptocurrency spending in order to reduce major losses and to take a more disciplined approach to buying. This whole FUD storm may not quite be clearing just yet...

sources:

https://www.worldcoinindex.com/

https://www.mensfitness.com/training/sprint-it

*This is not professional trading advice - just my opinion!

If you found this article helpful or interesting, please consider donating to...

BTC: 1FadQUp6PxQcbt1sicLRDE3f7v2kQPpVBq

BCH: 13Gb1p2m9evD6jaR2ZEs1dyVPRWojKFEfY

ETH: 0x3edfc32dd4d8daf4ec31663d7b90911127b35d9f

VTC: VeipQV2i8bzcecTo8MghDrb63L6MhmjRWM

Tips are greatly appreciated!

If you're interested in trading cryptocurrencies, check out Binance by using my referral link and sign up today!

https://www.binance.com/?ref=16702963