Whilst Ethereum and Bitcoin are not heading to the moon just yet, they have become more stable in recent weeks. The move from the lows in early April have coincided with a lot of bullish talk from various news outlets. With this stability altcoins have also become a lot stronger. Many beaten down cryptocurrencies are in healthy uptrends and showing signs of a strong recovery. Not only has this coincided with bullish talk but one of the main world exchanges Bittrex has now re-opened registration for new customers. Bittrex is huge, and at the peak of the altcoin rally last year they closed their doors due to the sheer number of new customers flowing in each day. It’s no surprise that volume has reappeared now this exchange is open again, because quite simply its huge. So which crypto has been making good gains? Well there’s been some great strength in a few ICOs from last few months. Pundi-x has gained near 200% from its lows after tokens were distributed. Wanchain continues to show amazing strength. It’s recent listing on Binance is surely helping this fantastic project. Other Binance stars include Stratis which has been flying since early April. Love it or hate it but Tron is also looking extremely good with a sustained bounce since late March. Power Ledger price is up nearly 2000 sats since the March lows and Bitshares is looking really strong also. Surprisingly though Binance Coin, which is their own token for allowing cut price trading fees on the exchange, is down a fair bit from the March highs. This is a bit of strange price action considering the amount of trading that should be happening in this token, because Binance users can make transactions in this token and cut their trading fees considerably. They also released news back end of March that they plan to operate the token on their own blockchain at some point, so we can only guess that this news has now been priced in and investors are taking profits. Let’s hope this strength continues for the summer so we can all see some good gains on our investments. from https://www.econaa.com/cryptoblog/altcoins-remain-in-a-bullish-trend-as-cryptocurrency-gets-stronger/
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