- Charles Hoskinson hinted about an increase in the number of Dapps.
- The XMR price jump might directly link to the sanctions imposed on Russia by the West.
Let us take a look at the top 3 altcoins for March 2022 promising rapid surge.
Fantom has fallen 66% from its all-time high in the last five months. While FTM was robust throughout the last market pullback and even hit its ATH levels, it witnessed a major fall as the news was announced. We now have a positive divergence in MACD and RSI indicators, suggesting that a possible price recovery may be on the way. First and foremost, FTM has the task of breaking over the $1.5 level of horizontal resistance.
According to CoinMarketCap, the Fantom price today is $1.10 USD with a 24-hour trading volume of $953,179,853 USD. Fantom is down 0.17% in the last 24 hours.
Charles Hoskinson, the founder of the Cardano ecosystem, hinted about an increase in the number of Dapps in response to a tweet that mentioned 517 Cardano projects now under development.
The IOHK CEO said:
“A large wave will come after June when the Vasil hard fork happens.”
The improvement is scheduled for June. In recent months, the Cardano network has achieved several notable milestones, including the total value that has been locked on the network (TVL). According to CoinMarketCap, the Cardano price today is $0.801106 USD with a 24-hour trading volume of $795,754,650 USD. Cardano has been up 0.60% in the last 24 hours.
It’s possible that privacy coins are benefiting from a tighter financial world as economic sanctions continue to restrict global trade. An increase of 20% in the value of the privacy-focused cryptocurrency Monero (XMR) took place on March 8. The action was quickly picked up by the crypto community, who then took to social media to voice their opinions. The West’s sanctions against Russia may be directly responsible for the increase.