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Hottest Crypto Coins Are the Bitcoin and Ether Alternatives

  • Tokens from Ethereum blockchain rivals lead the gains
  • Downloads for cryptocurrency trading apps are climbing again
Bloomberg business news
Bitcoin, Ether Alternatives Lead the Charge in Crypto Markets
Updated on

FOMO remains alive and well in the cryptocurrency world, with lesser-known tokens outperforming again in the wake of recent rallies staged by industry leaders Bitcoin and Ether. 

Cardano has doubled this month, becoming the third-largest digital asset. Binance Coin is also up. A token named Avalanche has tripled in August. Meanwhile, prices for digital photos of rocks with laser eyes and cartoon depictions of cute animals are going gangbusters, sometimes quadrupling in a matter of days.