A lot of cryptocurrency investors and analysts are positive towards the recent altcoin news, mainly because of the impressive movements which saw a number of coins rise and confirm the bullish trend led by the most dominant cryptocurrency, Bitcoin.
One of the altcoins that performed well over the past couple of days is 0x (ZRX) – a cryptocurrency which rose by 30% following its integration on the Coinbase platform. This integration demonstrated the approval of local regulators such as the Securities and Exchange Commission (SEC) to list the tokens that by existing financial regulators are not seen as securities.
The most impressive growth, however, was seen by Stellar Lumens (XLM) which is now up 75%, leading the bullish run and now stabilizing at $0.24 with a new 4% rise today.
IOTA (MIOTA) has also surged by 3%, as well as EOS which broke outside of its comfort zone ($4) and is now trading at $5.41, correcting after it previously reached a price of $7. TRON was also in the news for rising above its standard price and reaching 500k on its mainnet network.
However, there were losses too, mainly seen in the price movement of Litecoin (LTC). Despite the mix of reds and greens, the altcoin market is now relatively stable, holding off before another bullish (or bearish) run.
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