Wall Street Journal: Investors Are Turning To VeChain, DigiByte, SafeMoon as Cheaper Alternatives
AI Trading

The Wall Street Journal, an American business-focused international daily newspaper based in New York City, has acknowledged that investors are now turning to altcoins such as VeChain (VET), DigiByte (DGB), and SafeMoon, in the hunt for cheaper alternatives that could be the next to experience a massive surge after Bitcoin (BTC) and Dogecoin (DOGE).

The mainstream newspaper published an article on 6th May 2021 titled “Dogecoin’s 12,000% Rally Spurs Hunt for Next Crypto Winner”, where it’s pointed out that Bitcoin (BTC) and Dogecoin (DOGE) are seemingly becoming out of reach for investors who are looking for cheaper alternatives.

Read Also: Dogecoin (DOGE) Displaces Tether to Reclaim Top 5 in Preparation for Elon Musk’s SNL Debut

The link to the article was shared via the official Twitter handle of WSJ Markets a couple of hours ago. In the tweet, a chart that illustrates the increase in investors’ interest in the three aforementioned altcoins was captioned.

AI Trading

The article reads in part as follows:

“After bitcoin and dogecoin’s blistering rally this year, individual investors are venturing further out into the cryptocurrency universe in search of the next big thing.

“A more than 12,000% rally this year in dogecoin, a cryptocurrency that was set up as a joke and serves no purpose, sent its price to a record 69 cents per token this week. Bitcoin climbed briefly to over $60,000 apiece last month, more than doubling its price since the end of 2020.

“That is prompting investors to turn their attention to newer digital assets such as DigiByte, VeChain and SafeMoon in the hunt for cheaper alternatives that could be the next to skyrocket.

Read Also: Ethereum (ETH) Is Now Larger Than Nestle, Bank of America, Mastercard as the Surge Continues

As expected, the vast communities of members behind the three altcoins have seen this acknowledgment as a notable means to boost their popularity, considering the reputation of The Wall Street Journal.

Follow us on Twitter, Facebook, Telegram, and Download Our Android App

AI Trading

HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

Tobi Loba

By Tobi Loba

Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.