Which cryptocurrencies are expected to benefit from future nasdaq 100?
Hairy WookieDec 16, 2021 · 3 years ago1 answers
Which cryptocurrencies are predicted to experience growth and positive impact as a result of being included in the future nasdaq 100 index?
1 answers
- Dec 16, 2021 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the inclusion of certain cryptocurrencies in the nasdaq 100 index is expected to have a positive impact on their value and market performance. Bitcoin, being the pioneer and most widely recognized cryptocurrency, is likely to experience a significant boost in demand and price as a result of this inclusion. Ethereum, with its strong developer community and growing ecosystem, is also expected to benefit from increased investor interest and adoption. Other cryptocurrencies such as Ripple and Litecoin may also see some positive effects, although their growth potential may be more speculative. It's important to note that the cryptocurrency market is highly volatile and subject to various factors, so investors should exercise caution and do their own research before making any investment decisions.
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