Atomic Blast: Cryptos May Have Reached Escape Velocity
Tim Knight | Sep 01, 2021 01:02AM ET
Until Monday night, I was getting really annoyed and frustrated with crypto. My account would go up. And then the profits would vanish. Then they’d be restored. Then they’d disappear again. It was getting ridiculous.
I think (hope, at least) we may have finally reached escape velocity. Ethereum was the most important thing going, not Bitcoin, and after days and days of creating this maddening sinewave, it finally managed to escape its range.
In turn, my alt-coins had a terrific night. Here is Cosmos (ATOM) with a gorgeous saucer pattern, and stronger volume as well.
It’s the same story with Algorand (ALGO), particularly with respect to volume.
And Kusama (KSM) had an especially great session, popping about 25% as I’m typing this.
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The one I’ve received the most grateful emails about is Solana (SOL) which has an eerie habit of going up virtually every day.
So, as I said, it’s all about Ethereum. Launch off the range from the past couple of weeks, and it’s party time.
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