CryptoSlate
2020-05-19 07:36:14

An Ethereum DeFi token surged 400% in hours — and an analyst thinks 4chan is behind it

While the price action of Bitcoin, Ethereum, and other top cryptocurrencies are predicated on underlying narratives and technical trends, low-cap altcoins rise and fall for the weirdest reasons. This much was made clear on May 17 and 18, when a small Ethereum-based token rallied by over 400 percent due to one unexpected market catalyst: 4chan. […]The post An Ethereum DeFi token surged 400% in hours — and an analyst thinks 4chan is behind it appeared first on CryptoSlate.

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