CHZ, LDO and QNT made a bull run in the last 90 days, surpassing returns of top cap crypto assets
The bullish performance of these three altcoins has declared an altcoin run in a rather bearish market that has kept even Bitcoin at its lows
By Shashank Bhardwaj
2022 has not been particularly great for the crypto investors since most of the crypto assets, including Bitcoin, have pooled at their lows since the beginning. The bear market has crushed all the major crypto assets, and investors have been extra careful with their money. Back to back, bad news ranging from the Terra Luna crash to Celsius’s liquidity issues, have put the crypto market on the back foot. CHZ, LDO and QNT have been the outcasts in this bear market with their high returns during the last 90 days. They have been outperforming the top crypto assets like Bitcoin and Ethereum in this period and have had good returns to the investors. These altcoins have given rise to buying signals in a bullish market, proving to be a good sign for the crypto market.
The bull run for Chiliz started amidst a downward rally for other crypto assets as it announced a partnership with the crypto exchange Huobi Global. Huobi Global, a 25 percent acquisition of Barca Studios, provided a bullish optimism to the CHZ investors. In the last 90 days, CHZ has given huge returns of over 80 percent, and if compared to last year's prices, at the same time, it is down by just 26 per cent as compared to a 57 percent loss in the price for Bitcoin and 60 percent for Ethereum.
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US crypto expert jailed 63 months for helping North KoreaRead More..
Fortnite developer Epic Games raises $2 billion to build for the metaverseRead More..
Indian companies storm the metaverse and NFT spaceRead More..
Coinbase is producing a movie trilogy on Bored Ape NFTsRead More..
Multiple Indian Twitter accounts hacked, NFT content postedRead More..
German police shut down $1.3 billion illegal darknet firmRead More..
Meta tests sale of virtual goods in metaverseRead More..
Bitcoin 2022 Conference: Bitcoin Maximalists attack national currenciesRead More..
Binance Gets In-Principle Approval to Operate as Crypto Broker in Abu DhabiRead More..
EU limits Russians' crypto investments to 10k EurosRead More..
Coinbase suspends UPI payments in India three days after launchRead More..
From KFC to Tesla, Dell: Crypto-curious corporations struggle to find right recipeRead More..
In Texas, crypto miners turn to solar powerRead More..
South Africa concludes technical Proof-of-Concept for its CBDC settlement systemRead More..
Terra buys $200 million in AVAX for reservesRead More..
Bitcoin will remain as a standard: Chess world champion Garry KasparovRead More..
Coinbase launches in IndiaRead More..
Meta working on virtual money 'Zuck Bucks': reportRead More..
Germany closes Russian darknet marketplace HydraRead More..
Britain paves way to accept stablecoinRead More..
Crypto industry reels from $600 million hackRead More..
NFT of Nelson Mandela's arrest warrant auctioned for $130,000Read More..
Bank of England calls for tighter regulation of cryptocurrenciesRead More..
ECB's Lagarde 'concerned' about crypto use to dodge Russia sanctionsRead More..
Crypto provides fix for some in crisis-hit AfghanistanRead More..
Bitcoin to the rescue: Cryptocurrencies' role in UkraineRead More..
Digital art in spotlight as Dubai makes crypto hub bidRead More..
G7 looks to thwart cryptoassets use as Russian sanctions dodgeRead More..
Can cryptocurrencies give Russia, others breather from economic sanctions?Read More..
Cryptocurrencies enter Russia-Ukraine conflictRead More..
Russia seeks to regulate cryptocurrenciesRead More..
Donald Trump's NFT collection to laud his own presidencyRead More..