Community Articles
via CoinDesk · By CoinDesk Staff
Purge of millions of crypto tokens underway, BTC needs it for sustainable bull cycle: Ben Cowen
BTC
BTC/USDT
$59,617.04
-1.84%
$59,617.04
-1.84%
(24s)24h Volume
$29,298,459,308.73
24h H/L
$61,962.40 / $58,115.01
Change: $3,847.39 (6.62%)
Long/Short
71.6%
Long: 71.6%Short: 28.4%
Funding Rate
+0.0014%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(11:29 AM UTC)
1 min read
980 views
0 commentsResearcher and market analyst Ben Cowen says the purge of millions of altcoins is already underway and is necessary for a sustainable bitcoin bull market to be in place.
The urgent need for a “mass extinction” of “junk coins” from the crypto market is not at all a new topic. Cardano Founder Charles Hoskinson and Ethereum co-founder Vitalik Buterin predicted that over 90% of the initial coin…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments