Why Altcoins Jumped on Saturday
The cryptocurrency market doesn't sleep and investors were bidding up a number of altcoins on Saturday. This comes only a week after the weekend left altcoin holders looking at losses early in the weekend.
Decentraland (CRYPTO: MANA) was one of the biggest movers, climbing as much as 14% in the last 24 hours as of 2:40 p.m. ET. Chainlink (CRYPTO: LINK) was up 11% as much as the same timeframe while Avalanche (CRYPTO: AVAX) was up 6.8% and Polygon (CRYPTO: MATIC) jumped 9.1%. The four cryptocurrencies are up 9.6%, 7.5%, 3.8%, and 6.1% respectively as I'm writing.
Image source: Getty Images.
Source Fool.com