• Crypto veteran coins Litecoin, Verge, and Bitcoin Cash have been reshaping the market and outshining meme-coins and Bitcoin’s growth.
• Despite the recent bear market, Verge (XVG) has surged over 259,000% since its all-time low.
• Altcoins are poised for further gains led by Ethereum.
Veteran Cryptocurrencies Outshine Meme-Coins and Bitcoin
Crypto veterans Litecoin (LTC), Verge (XVG), and Bitcoin Cash (BCH) are driving significant changes in the cryptocurrency world as they outperform meme-coins and even slow down Bitcoin’s uptrend rate. The resurgence of these coins has prompted experts to dub it the “dino coin renaissance” – a marked rise in crypto assets that existed before the current bull run. While some altcoins are gaining ground due to fundamental factors, others are driven purely by speculation.
Surge of Verge (XVG)
Verge (XVG) is a privacy-centric cryptocurrency that was launched in 2014. Since then, it has developed an impressive foundation despite the bear market causing XVG’s price to plunge by 97% from its ATH. However, XVG has seen an incredible increase of over 259,162% since its ATL more than eight years ago. Its daily trading volume surpasses its total market cap – an indication of strong demand outpacing available supply.
Compliant with ISO20022 Standards
Verge (XVG)’s bullish momentum continues to gain steam as it is compliant with ISO20022 standards – making it one of the few cryptocurrencies that meet international payment requirements set forth by banks and financial institutions worldwide.
Altseason on the Horizon?
Ethereum is leading other altcoins as they move towards further gains – presenting signs that we may be entering into what traders refer to as „altseason“. During this period altcoins tend to experience massive hikes in value often attributed to positive news or updates concerning new partnerships or trends within the industry.
Conclusion
The surge in popularity surrounding veteran crypto coins has not only put a damper on meme-coin frenzy but also influenced a slowdown in Bitcoin’s uptrend rate – leading experts to mark this phenomenon as “dino coin renaissance” . Despite experiencing losses during bear markets, Verge (XVG) still managed to surge over 259,000% since its all-time low – aided by its compliance with international standards set forth by banks and financial institutions across the globe. Altseason appears imminent with Ethereum leading other altcoins towards further gains; hinting at potentially profitable opportunities for investors seeking returns from cryptocurrencies outside of Bitcoin