Thanks to the recent surge in Bitcoin prices, altcoins have finally begun to experience abnormal price movements. We have seen cryptocurrencies increase their value by 3-4 times since last week. More importantly, the days when altcoins would rise by double digits with just a single share have returned, reminiscent of the exciting days of 2021. Welcome to the thrilling March.
Why Is RAD Coin Surging?
Last month, we mentioned that if BTC continues to linger at its current level and reach new highs, it wouldn’t be too late for altcoin rallies to start. Now, we are witnessing exactly that. For about 10 days, altcoins have been experiencing abnormal rises, with some seeing increases of over 300% in the last week. Even DOGE and SHIB have gained more than 50%.
As of the time this article was prepared, we saw that the price of RAD Coin had risen to $2,561 due to an announcement made by the RAD team. The reason for the double-digit increase was the news that a new era for Radworks would begin this month. According to the team, a new service that will make developers’ work easier is coming, allowing more protocol developers to take part here.