The crypto market has seen a lot of growth this year and the altcoins are at the forefront of it. Some popular altcoins such as Binance Coin, Litecoin and Bitcoin Cash saw up to 150% increase according to Coin Market Cap. Other coins also increased in value and this can be attributed to the influx of new investors and positive development in the space.
The market cap of the cryptocurrency market as a whole is slightly below $180 billion. The largest cryptocurrency by market cap, Bitcoin, has also seen an increased dominance. On its own, the market is flushing the coins with little or no value while useful coins keep growing.
Basic Attention Token and Tezos take the market by a storm
BAT and XTZ are gaining investor confidence and have been the biggest winners of the bull market this month. The coins don’t seem to be losing any steam and have been on a roll for weeks now.
BAT tokens as well as its browser, Brave, have been in the news for many good reasons. The recent ads reward systems and tipping for publishers has drawn more attention to the token and what it has to offer crypto enthusiasts and everyone else.
Recently, Ethereum World News reported that the internet archive recorded $2500 in Basic Attention Token (BAT) tips. Internet Archive stated that they linked up their crypto wallet and were surprised to have received up to $2,500 worth of BAT.
What is the price of BAT?
At press time, BAT is traded at $0.354470, with a total market cap of $442,889,408. It is presently at the 23rd position on the list of digital currencies by market cap. In the last 24 hours, BAT/USD live price has seen a 2.61% increase in value. BAT price prediction reveals that the token is bullish in the short term and is primed to see more gains.
Tezos is gaining the attention of institutional investors
XTZ is getting more popular every day. A few weeks ago, an announcement by Coinbase Custody gave more credence to the token. The firm announced that it was enabling cryptocurrency staking in March 2019. This staking offers periodic rewards to the stakeholders. Also, the stakes depend on how much XTZ token is held to secure the PoS or proof of stake architecture. Trust Wallet, belonging to Binance, also enabled this staking feature.
This would allow the institutional investors to invest in crypto using a regulated and secure platform such as Coinbase Custody. Governmental bodies are also praising this coin as the Finance Minister of France did recently.
What is the price of Tezos?
At press time, XTZ is trading at $1.28 according to coin market cap. Standing at the 16th position, this coin has a market cap of $854,179,599 USD. Its 24-hour trading volume is $9,753,335 USD and it has seen a 6.65% increase in the last 24 hours.
The coin recently reached $1 after it gained a 100% price increase on 31st of March this year. Since then, there has been no stopping for XTZ/USD live price. It has continued to rise and gained an extra 29% value since this month started. The crypto bull run of 2nd April may have given it some steam.
Most Tezos price predictions are bullish and it will be in the short term. It is definitely one coin to follow closely.
Do you think the price rise of April will continue for BAT and Tezos? Let us know what you think.