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❓ASK Is there any crypto which is independent of Bitcoin price.

MRizwan530

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As we can see when bitcoin price is pumping then every currency starts something and when between price goes down then many currencies are also dumped I want to ask is there any currency which is independent of Bitcoin so that we can purchase it and we have no fear of Bitcoin price.?
 
Thanks for your update, the link is very helpful, I want to invest in stellar very soon, waiting for my TWT to reach my target then I will sell little and buy stellar to hold for three months.
You mean the price or are you earning daily reward from the TWT coin ? , As regard to the TWT , I think the all time high is 0.17$ . Do you think the coin will rise sooner ?
 
Almost all old coin depends on the boom rise and fall of bitcoin price. In 2017 when bitcoin price rose up, other coins rose with it. But the only coin I saw that didn't rose with bitcoin recently is yearn.finance.
That's the summary most of the old coins or coins that were launched and had a speedy rise but become stagnant now depends on bitcoin for a rise
 
All crypto currency coins are independent as they have a different ledger but they are in the same crypto market which is why increase in demand for one might lead to increase or decrease in another coin which will affect the price.
I think most times the crypto market moves in an opposite direction , like where is high demands of bitcoin there would be high demands of litecoin , and the price continues to increase
 
Recently, I don't if Bitcoin prise really affects Ripple, because as Bitcoin is increasing Ripple is falling and I'm not sure if that will be the case if Ripple come out of there law suit.
Ripple isn't doing well in the market because of it's suit so you can't use this coin as a good example but I noticed that coins moved with price of Bitcoin whether high or low
 
The lawsuit on ripple by SEC has been in the crypto news recently but do you know that ripple rose about 5 percent after the lawsuit after a whale investors invested in xrp despite it's lawsuit
But it last for a long time like it should. Let be sincere ripple would have been more than this without this issue facing it now so that's my point exactly
 
But it last for a long time like it should. Let be sincere ripple would have been more than this without this issue facing it now so that's my point exactly
I think the law suit still made it gain a lot of attention because the price starts increasing when it fell to a very large position i think , but now it has risen futher
 
Concerning if there is any cryptocurrency which is independent of bitcoin price. Well, from my look of things, there are many cryptocurrency coins which their rise and fall is also dependent on the rise and fall of bitcoin like ethereum, litecoin, at times ripplen
Yeah i have sudy the chart and i have seen that they move in same direction with bit co in, litecoin etc , but i guess when its time to rise on a higher note , i think most times bitcoin increases more
 
I think the law suit still made it gain a lot of attention because the price starts increasing when it fell to a very large position i think , but now it has risen futher
Definitely, the controversy surrounding it makes it a lot known. That's why some people says there's no bad controversy because a long the line there might still be a gain even if it is popularity
 
Definitely, the controversy surrounding it makes it a lot known. That's why some people says there's no bad controversy because a long the line there might still be a gain even if it is popularity
Yeah most times anything can lead to sucess for a coin , and that is why we all see that despite everything the coin price keeps on rising more
 
Yeah most times anything can lead to sucess for a coin , and that is why we all see that despite everything the coin price keeps on rising more
Sure,at this point we just have to keep hoping alive that ripple will return better and with more value. The controversy surrounding it might turn out for it's own good who knows
 
Sure,at this point we just have to keep hoping alive that ripple will return better and with more value. The controversy surrounding it might turn out for it's own good who knows
Ripple is slightly distracted because if not for legal trial may be 1 ripple will be like $1.5 or $2 now , i am a lover of ripple the coin will be fine.
 
Almost all new coins and DeFi tokens don't depends on the price of bitcoin before they can rise or fall. To verify this check most Exchange platforms.
In that you are right friend, the cryptocurrencies that are on the market are very independent of BTC and their prices are not related to bitcoin.
 
In that you are right friend, the cryptocurrencies that are on the market are very independent of BTC and their prices are not related to bitcoin.
At their initial stage they are usually independent but when they get to a point they follow bitcoin trend especially if they don't have very vital role to play like BNB does.
 
Ripple is slightly distracted because if not for legal trial may be 1 ripple will be like $1.5 or $2 now , i am a lover of ripple the coin will be fine.
My thought exactly, ripple looks like the coin that isn't really competing now because of it's suit when once this is over I believe as you have already written that the coin will be find.
 
As we can see when bitcoin price is pumping then every currency starts something and when between price goes down then many currencies are also dumped I want to ask is there any currency which is independent of Bitcoin so that we can purchase it and we have no fear of Bitcoin price.?
Almost all the crypto currencies depend on the price of bitcoin indirectly. But in actual sense their prices are based on demand and supply forces in the free market.
 

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