• Low-cap altcoins are experiencing massive gains, potentially signaling the start of a new bull market.
• Aptos (APT), Floki (FLOKI), and Highstreet (HIGH) have all seen impressive price rallies in recent weeks.
• LBank Co-Founder Johnason Chan suggests that bullish sentiment is returning to the markets, with the next Bitcoin halving only 400 days away.
Emerging Bull Market
A new wave of low-cap altcoins is emerging and enjoying massive gains in the crypto market, suggesting that we may be entering a new bull market. Mid-cap cryptos like Aptos (APT), Floki (FLOKI), and Highstreet (HIGH) have also seen impressive price rallies over the past few weeks.
LBank Co-Founder’s Insight
Johnason Chan, Co-Founder of global exchange LBank, has suggested that bullish sentiment is returning to the markets due in part to hints from Fed chair Jerome Powell on possible ‚disinflation‘ and the upcoming Bitcoin halving in around 400 days. He believes that some crypto sectors are likely to see even more investment going into Q2.
The Power of Low-Cap Coins
The wealth creation stemming from these low-cap tokens indicates that they could be at least partially responsible for this potential return to bullishness in the markets. FLOKI was one of LBank’s star listings last year, and its performance reflects traders‘ increasing interest in these assets.
LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users, with over 7 million users from more than 210 regions across the world. The platform ensures integrity of users‘ funds and contributes towards global adoption of cryptocurrencies.
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