Ether is outpacing bitcoin by more than it did in 2017.
The largest cryptocurrency is down about 10% for the month to date, with the momentum shifting to altcoins.
Bitcoin's share of the overall industry market capitalization has fallen as ether and other altcoins have surged in price.
The DOGE frenzy appears to have spread to decentralized finance, where several imitator tokens have chalked up staggering single-day gains.
“The biggest fear for many crypto traders has always been that big governments might impose harsh restrictions on cryptocurrencies,” said one analyst.
Despite short-term volatility, bitcoin's uptrend remains intact. And some traders could be shifting to altcoins.
It's not your imagination: Token listings on Coinbase tend to bring bigger price pops than on other cryptocurrency exchanges like Binance and Kraken.
SUSHI's near 3,000% rise isn't over, and could be valued at $100 using a traditional dividend discount model.
Traders are betting on the "smart-contract" blockchain, which aims to compete with market leader Ethereum, even though it doesn't yet have smart-contract functionality.
Alternative cryptocurrencies are surging as bitcoin consolidates after its recent record-breaking rally.
Chainlink's LINK token set a new record price early on Monday, and other altcoins are seeing solid gains.
DeFi tokens are attracting investors as bitcoin's rally fades and new protocols are updated.
Though bitcoin's rally has lost some steam, many traders are still in a bullish mood – and shifting to alternative cryptocurrencies known as "altcoins" whose prices have yet to clear all-time highs from years past.
Bitcoin and ether may be pulling back from their all-time highs but alternative cryptos are starting to see action.
Data and traders reveal the source of XRP's recent price rally could be Asia.