{"id":241011,"date":"2021-05-03T17:04:31","date_gmt":"2021-05-03T14:04:31","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/altcoins-just-repeated-a-move-that-could-launch-them-27000-higher-in-2021\/"},"modified":"2021-05-03T17:04:31","modified_gmt":"2021-05-03T14:04:31","slug":"altcoins-just-repeated-a-move-that-could-launch-them-27000-higher-in-2021","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/altcoins-just-repeated-a-move-that-could-launch-them-27000-higher-in-2021\/","title":{"rendered":"# Altcoins just repeated a move that could launch them 27,000% higher in 2021"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a34d5cddee75\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a34d5cddee75\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/altcoins-just-repeated-a-move-that-could-launch-them-27000-higher-in-2021\/#One_trader_sees_%E2%80%9Cjust_the_beginning%E2%80%9D_for_altcoins_2021\" >One trader sees &#8220;just the beginning&#8221; for altcoins&#8217; 2021<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/altcoins-just-repeated-a-move-that-could-launch-them-27000-higher-in-2021\/#Bitcoin_gets_shown_up_despite_own_rally\" >Bitcoin gets shown up despite own rally<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Altcoins just repeated a move that could launch them 27,000% higher in 2021 <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-5a136f3a>Altcoins have delivered huge gains this year, but if they repeat their 2017 moves, hodlers may be looking at an insane 27,000% moonshot.<\/p>\n<p>According to popular trader Rekt Capital, those are the potential combined returns for altcoin investors if history repeats itself this year.\u00a0<\/p>\n<h2><span class=\"ez-toc-section\" id=\"One_trader_sees_%E2%80%9Cjust_the_beginning%E2%80%9D_for_altcoins_2021\"><\/span>One trader sees &#8220;just the beginning&#8221; for altcoins&#8217; 2021<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a tweet on May 3, Rekt Capital <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/rektcapital\/status\/1389176660839190530\/\">noted<\/a> that at the start of 2017, the market capitalization of altcoins flipped its previous cycle high to support. That high had come in late 2013, and as a new floor level, it launched the market cap to a peak no less than 27,623% above it.<\/p>\n<p>All it took was a single year, and Rekt Capital suggested that although almost unimaginable, the same thing could h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>en by the end of 2021. In the past two months alone, the altcoin market cap is up 119% after flipping that same 2017 peak to support.<\/p>\n<p>How much would an altcoin market be worth were it to reach 27,623% of its 2017 height? A princely $152.6 trillion.<\/p>\n<p>&#8220;This is just the beginning,&#8221; he commented.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-05\/f41dc983-3e0a-412a-9ac7-84041b4fd985.png\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\"><em>Altcoin market cap growth annotated chart. Source: Rekt Capital\/<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a><\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Bitcoin_gets_shown_up_despite_own_rally\"><\/span>Bitcoin gets shown up despite own rally<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The figures come as the largest altcoin, Ether (ETH), became a talking point in its own right on May 3, having passed $3,000 to go on to see dizzying new all-time highs.<\/p>\n<p>As Cointelegraph reported, Bitcoin (BTC) is comparatively lackluster, managing roughly 11% gains over the past week compared with Ether&#8217;s 28%.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-05\/c2d9a152-1ecd-48b1-bbb3-d3955cf97914.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD vs. ETH\/USD line chart. Source: Tradingview<\/em><\/figcaption><\/figure>\n<p>Many of the other major cap altcoins have also outperformed Bitcoin in terms of weekly gains, with analysts <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Crypto_Ed_NL\/status\/1389128277953064961\">predicting<\/a> new all-time highs to appear elsewhere.\u00a0<\/p>\n<p>Arguing in defence of BTC, however, fellow analyst Scott Melker looked to higher time frames for signs of a predictable uptick incoming.<\/p>\n<p>&#8220;There have been quite a few &#8216;bad&#8217; weekly candles on the Bitcoin chart in the past year,&#8221; he <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/scottmelker\/status\/1389164772856315905\">noted<\/a>.<\/p>\n<blockquote><p>&#8220;Each has been followed by bullish movement up to new highs.&#8221;<\/p><\/blockquote>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/altcoins-just-repeated-a-move-which-could-launch-them-27-000-higher-in-2021\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Altcoins just repeated a move that could launch them 27,000% higher in 2021 &#8221; Altcoins have delivered huge gains this year, but if they repeat their 2017 moves, hodlers may be looking at an insane 27,000% moonshot. According to popular trader Rekt Capital, those are the potential combined returns for altcoin investors if history&#8230;<\/p>\n","protected":false},"author":1,"featured_media":241012,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDUvNDU1MDEyNDUtMmYwYS00MGZlLTg4ZjktZmIzMTgyOGJhY2Q0LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,88119,74862,74937,82402,74891,73785],"class_list":["post-241011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-altcoin-watch","tag-bitcoin","tag-bitcoin-price","tag-ether-price","tag-ethereum","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/241011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=241011"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/241011\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/241012"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=241011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=241011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=241011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}