This Week’s Star is Artificial Liquid Intelligence (ALI)

The leading cryptocurrency Bitcoin (BTC) has managed to rise more than 20% as of this week. Although the rise of the BTC dominance table during Bitcoin’s rises suppressed altcoins, as of this week, many altcoins have managed to rally.

A longer-term altcoin rally is expected in the coming period. The fact that there are altcoins that still cannot experience huge rises from the bottom levels may be a signal that Bitcoin will enter an accumulation phase in the future.

According to CoinMarketCap, a successful data provider, the most rising product of this week has been the Altcoin named Artificial Liquid Intelligence (ALI). ALI, an artificial intelligence altcoin, has managed to gain 274% as of this week, along with FOMO. Apart from ALI, AGIX, SRM, GALA, VXV, APT, GMT AND PHB altcoins also experienced very serious explosions.

ALI 7D graph (coinmarketcap)

In order for the expected rally in altcoins to occur, the Bitcoin dominance table must now decline. The fact that the BTC dominance table still remains at the peak levels poses a great danger for altcoins. While the BTC dominance table is at the peak levels, a correction in Bitcoin may cause altcoins to turn into a bloodbath.

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