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Visit our website to get Latest altcoin news.Visit Here:- https://welcome2crypto.net/category/altcoins/Altcoin news todayHere Are The Top Four Altcoins To Own This Month, According To Crypto Analyst Michaël Van De PoppeProminent crypto strategist and trader Michaël van de Poppe is keeping a close watch on four altcoins this month that he says are on the verge of huge breakouts.In a new video, Van de Poppe tells his 107,000 YouTube subscribers that number one on his list is decentralized finance (DeFi) yield aggregator DFI.money (YFII).According to the crypto trader, YFII is likely to ignite a breakout in its Bitcoin pair (YFII/BTC) as it threatens to take out its immediate resistance.The last altcoin on the crypto strategist’s list is Algorand, a cryptocurrency for payments and a blockchain for decentralized finance applications.
Van de Poppe says ALGO/BTC must hold its immediate support for a shot at launching a 69% rally.Crypto Asset That Surged 47,387,400% This Year May Become Surprise Player In Ethereum Ecosystem, According To Coin BureauThe crypto analyst and the host of Coin Bureau may be changing his mind about the Dogecoin (DOGE) copycat, Shiba Inu (SHIB).In a new strategy session dedicated only to Shiba Inu, the Coin Bureau host known as the Guy says that since Coinbase decided to list SHIB, he’s started to pay closer attention to the asset.“Shiba Inu is one of the cryptos in this category, and it’s one that I’ve only ever mentioned in a negative context.
But when I heard that Coinbase will be listing SHIB, however, I began to consider the possibility that there might be more to Shiba Inu than meets the eye.” Altcoin news todayShiba Inu, in part thanks to the tweets of Tesla CEO Elon Musk, has skyrocketed by 47,387,400% after trading at $0.00000000008 on January 1st to an all-time high of $0.00003791 on May 10th before crashing back down, according to CoinGecko.Altcoin news todayThe analyst suggests that SHIB may have close ties to the Ethereum ecosystem.
Unlike Dogecoin, Shiba Inu could have a serious development team, and its creator Ryoshi is a big name in the crypto space.“Where Shiba Inu and Dogecoin differ are the connections they have to the crypto community.
DOGE is really just a meme and nothing more… By contrast, SHIB is close to becoming a big player in Ethereum’s ecosystem by overcoming the shortcomings of Dogecoin.
Indeed this new digital monetary world is picking up its importance among big companies, but now comes a statement from EFCC from Nigeria.
It can land you in big problems since it is vulnerable to unlawful activities like cheating and is also uncontrolled.
The worst came to the comment by a Senator, who held Bitcoin responsible for making their fiat currency worthless with no use and value.
No Affect On Cryptocurrency UsageAmid all the strictness and opposition from Senator and EFCC, there is no such serious effect on the use of cryptocurrencies.
What Are The Risks Involved In Crypto Investments?After knowing about how the ERCC of Nigeria is cautioning people about cryptocurrency investments and even trading in them, let me help you in mentioning some of the high-risk factors that you need to know before taking any hasty steps in investing in crypto.
So there are mixed chances of getting gains or being at loss.
