• About
  • Contact Us
Friday, July 1, 2022
Cryptos Newz
No Result
View All Result
  • Home
  • News

    Breaking: Boeing Is Said Close To Issuing 737 Max Warning After Crash

    BREAKING: 189 people on downed Lion Air flight, ministry says

    Crashed Lion Air Jet Had Faulty Speed Readings on Last 4 Flights

    Police Officers From The K9 Unit During A Operation To Find Victims

    People Tiring of Demonstration, Except Protesters in Jakarta

    Limited underwater visibility hampers search for flight JT610

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
    • Altcoin News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Business
  • How To Buy Crypto
  • Write For Us
  • Press Release
  • Legal Information
    • Affiliate Disclosure
    • DMCA Compliance
    • Privacy Policy
    • Contact Us
  • Home
  • News

    Breaking: Boeing Is Said Close To Issuing 737 Max Warning After Crash

    BREAKING: 189 people on downed Lion Air flight, ministry says

    Crashed Lion Air Jet Had Faulty Speed Readings on Last 4 Flights

    Police Officers From The K9 Unit During A Operation To Find Victims

    People Tiring of Demonstration, Except Protesters in Jakarta

    Limited underwater visibility hampers search for flight JT610

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
    • Altcoin News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Business
  • How To Buy Crypto
  • Write For Us
  • Press Release
  • Legal Information
    • Affiliate Disclosure
    • DMCA Compliance
    • Privacy Policy
    • Contact Us
No Result
View All Result
Cryptos Newz
No Result
View All Result
Home Bitcoin News

Solana, Avalanche, Polkadot & NEAR Price To Drop 50% If Bitcoin Crash

Crptoz by Crptoz
May 28, 2022
in Bitcoin News
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

READ ALSO

Mastercard Report: 51% of Survey Respondents Have Completed a Cryptocurrency Transaction in Latam – Bitcoin News

The Problem With Existing Cross-Chain Bridges


If Bitcoin (BTC) continues to decline, the four Ethereum (ETH) competitors will have a bad future, according to a well-known crypto expert.

Altcoin Sherpa, a pseudonymous trader on Twitter, has warned his 176,100 followers that the price of smart contract-enabled blockchains Solana (SOL), Avalanche (AVAX), Polkadot (DOT), and NEAR Protocol (NEAR) could be nearly halved. Will go Price if bitcoin continues to decline in value.

Sherpa claims that if there is another drop in the price of Bitcoin, DOT, SOL, Avax and NEAR will drop another 50% from their current levels.

real stop…$dot $sol $AVAX $ near

If BTC makes another leg down, these move up 50% from current levels.

I still think we see a small bounce before that, but these demand areas are being tested a lot. pic.twitter.com/tudeiPx4fe

— Altcoin Sherpa (@AltcoinSherpa) 26 May 2022

At the time of publication, Polkadot is changing hands at $9, down 3.84% over the past 24 hours.

The next coin that analysts are talking about is Solana, which is currently trading at $41.76, up 1.11% over the past 24 hours.

The third currency on the strategist’s radar is Avalanche which is changing hands at $22.72, up 1.83% over the past 24 hours.

Altcoin Sherpa then charts the NEAR or Near protocol which is trying to settle at $4.86, down 3.24% over the past 24 hours.

At the time of writing, bitcoin is valued at $28,882, which is down by over 28% in the past 30 days.

TRON price will increase by 40%

Altcoin Sherpa has a negative impact on all four Ethereum competitors. Yet he believes that TRON (TRX), a blockchain built as a decentralized storage and distribution network for social media and digital entertainment content, has some upward potential.

TRON is likely to rise by around 40% from current levels. But only if the price of bitcoin “stabilizes” according to Altcoin Sherpa, the crypto asset’s inventor Justin Sun announced new projects.

Justin Sun just announced USDD (USDD), an algorithmic stablecoin based on the TRON blockchain that must be swapped one-for-one with the US dollar. The market capitalization of USDD is now approximately $577 million.

Altcoin Sherpa claims TRX: one of the few coins where you can search for a long time; Won’t do that right now, but Justin Sun’s sh** coin is heading upwards. If BTC stabilizes, I expect it to rise to $0.12.

Was this writing helpful?


Related Posts

Bitcoin News

Mastercard Report: 51% of Survey Respondents Have Completed a Cryptocurrency Transaction in Latam – Bitcoin News

July 1, 2022
Bitcoin News

The Problem With Existing Cross-Chain Bridges

July 1, 2022
Bitcoin News

Bitcoin Just Posted Its 2nd Worst Quarterly Performance Since Inception – Decrypt

July 1, 2022
Bitcoin News

Financial Companies Report First Deal With Digital Assets Under Russian Law – Finance Bitcoin News

July 1, 2022
Bitcoin News

Bitcoin Markets in Capitulation After Worse Quarterly Loss in a Decade

July 1, 2022
Bitcoin News

Play and Fight in F2P Game Monkey Empire

July 1, 2022
Next Post

Elon Musk - Bitcoin And Ethereum Merge INCOMING!! ETH/BTC Predictions & Analysis! Crypto News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Man Who Broke into Terra Founder’s House Was Crypto Investor Who Lost 3 Billion Won

May 16, 2022

When SHIB? Robinhood CBO States They Seek Compliant Ways to Increase Crypto Offering

February 9, 2022

Dock Launches Ambassador Program – Press release Bitcoin News

January 17, 2022

Why You Should Stack Sats To Celebrate Father’s Day

June 19, 2022

Ted Cruz: Texas Should Be “Ground Zero” for Crypto Industry

March 3, 2022

EDITOR'S PICK

Ripple Partner to Unlock $34 Billion Cross-Border Payment Market in the Philippines

April 5, 2022

Russia Considers Allowing Crypto for International Payments (Report)

May 29, 2022

Ripple CEO: This Downturn Shall Pass Too

June 14, 2022

Stablecoin Giant Tether (USDT) Struggles to Maintain Dominance

June 19, 2022

About

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow us

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Cryptocurrency News
  • Ethereum News
  • How To Buy Crypto
  • News
  • Uncategorized

Recent Posts

  • Ripple: Government of Colombia Set to Utilize XRPL Blockchain for Land Registry
  • Mastercard Report: 51% of Survey Respondents Have Completed a Cryptocurrency Transaction in Latam – Bitcoin News
  • Voorhees Slams “Gross” Bukele Fans as El Salvador Buys Bitcoin Dip
  • BlockchainCom and Deribit Seek 3AC’s Liquidation From a British Virgin Islands Court
  • Home
  • News
  • How To Buy Crypto
  • Write For Us
  • Press Release
  • Legal Information

© 2022 CryptosNewz - Premium Cryptocurrency News Blog CryptosNewz.

No Result
View All Result
  • Home
  • News
    • Altcoin News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Business
  • How To Buy Crypto
  • Write For Us
  • Press Release
  • Legal Information
    • Affiliate Disclosure
    • DMCA Compliance
    • Privacy Policy
    • Contact Us

© 2022 CryptosNewz - Premium Cryptocurrency News Blog CryptosNewz.