Digital currency ecosystem is on a bullish track today, as positive sentiment has been spreading throughout the industry with increasing stack-up recorded over the weekend.
As an indication of the current outlook, combined crypto market capital is up 3.29% at $966.41 billion as of writing.
Weekends are usually dominated by bearish events so the continued upsurge could be a sign of a better week. These projections could be accurate. Here are the altcoins that will likely fuel this growth.
Ethereum (ETH).
Ethereum is still the largest smart contract blockchain protocol and it continues to be a trusted coin to help lead the charge for the future. The digital currency is currently trading Price: $1,351.81, an 8.27% increase in the last 24 hours. Data source: CoinMarketCap.
As developers in the community work to transform Ethereum’s ecosystem, it is poised for a transformation. Unanimously agreed The Merge will take place on September 19, 2019. The Merge described the moment when Ethereum will transition from a Proof of Work network to a Proof of Stake consensus model.
From now on, until the Merge occurs investors will likely continue to stack up on Ethereum as Ethereum is bound for a new lease.
ApeCoin, APE
ApeCoin is the native token Bored Ape Yacht Club (BAYC), and has strong developmental support from the Yuga Labs team.
The token is changing hands At $5.04, the price has increased 10.49% over 24 hours. Although a cooling period is expected, the digital token still shows a tremendous potential for growth. It has recently integrated with the Polygon Network. We are able to resolve One of the most important challenges is a high gas price.
ApeCoin with its iconic franchises, community and tokens will be one of the top crypto-tokens when the crypto winter is over.
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