A crypto analyst who accurately called the bottom of the 2018 Bitcoin (BTC) bear market is flipping bullish on an altcoin running on the Ethereum (ETH) network.

Source: https://biztoc.com/x/cf2685a6488972e7?ref=ff

Is their future performance dependent on the altcoin?

Source: https://biztoc.com/x/eb3b374343048056?ref=ff

It carries an originality that no other altcoin has.

Source: https://cyprus-mail.com/2023/04/14/digitoads-emerges-as-the-new-memecoin-champion-after-1-million-raised-leaving-decentraland-and-enjin-coin-behind/

The leading altcoin in the blockchain arena recorded a 31% increase in market capitalization last month, driven by factors such as heightened anticipation among the ETH…

Source: https://biztoc.com/x/4db2d0bc32290bd2?ref=ff

The recent Bitcoin price surge has helped spur a major altcoin boom.

Source: https://biztoc.com/x/5d349edc4ba61d70?ref=ff

This dynamic may be, in part, why Gary Gensler, the chair of the Securities and Exchange Commission, told that every altcoin, including those related to stablecoins, is actually a security.

Source: https://www.forbes.com/sites/digital-assets/2023/03/02/unstable-dai-dynamics-could-kill-ethereums-favorite-crypto-backed-stablecoin/