The post the crypto Fetch.ai (FET) and XRP after Trump’s victory appeared on BitcoinEthereumNews.com.

After the victory of Donald Trump in the USA elections, Artemis Terminal shows that the crypto Fetch.ai (FET) and Ripple (XRP) are showing a performance superior to the benchmark Bitcoin. Is this a prelude to the long-awaited altseason phase?  We will find out soon. Artemis Terminal: the best crypto sectors after Trump’s victory, XRP and Fetch.ai on the podium According to the results from Artemis Terminal, many cryptos like FET (Fetch.ai) and XRP (Ripple) have recorded a significant growth in the last few hours. That the trigger was the victory of Donald Trump in the US presidential elections could be easily guessed, but which sectors are performing better? First of all, what immediately stands out is that Ethereum has performed better compared to the benchmark of the crypto world, namely Bitcoin. While the orange currency has seen its value increase by 6% in the last day, the second by market capitalization has grown by 8%. This difference of 2 percentage points, although it may seem irrelevant, implies a possible reversal situation where the market will be led by the altcoin. Not by chance Trump’s victory coincides with the local top of Bitcoin’s Dominance, which, after reaching 60%, halted with a bearish engulfing. From the Artemis dashboard, we can easily see how a wide range of specific investment sectors have shown excellent performance. Almost all surpass the percentage return of Bitcoin, with the average of altcoins standing at 8.4%. The tokens of staking, DeFi, memecoin, perp DEX, data services, data availability, RWA, AI, and oracle emerge as top gainers. All these categories on the last day have indeed grown more than the sector average, with even cases of extreme pump. It is worth mentioning in this regard cryptos such as UNI which soared to +32%, NEIRO +33%, AAVE +25%, INJ +23%,…

---

Filed under: News - @ November 6, 2024 4:22 pm