Dinosaur Coins ETC, BCH and DOGE Roar Back as Altcoin Season Heats Up [Yahoo! Finance]
MEI Pharma, Inc. (MEIP)
Last mei pharma, inc. earnings: 2/6 04:02 pm
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Source: Yahoo! Finance
Friday's top performers are known as dinosaur coins, many of which were created before the 2017 bull market. Ethereum classic (ETC) leads the pack with a 24-hour surge of 20% after breaking through the $20.27 level of resistance. It still faces a stern test at $25.00, a level it rejected exactly one year ago before plummeting to $15.80. ETC's growing popularity is reflected in its trading volume. That tripled to $756 million, showing the move is backed by traders who are rolling capital from sector to sector in true "altcoin season" style. Litecoin (LTC), bitcoin cash (BCH), dogecoin (DOGE) and of course XRP also posted notable gains. And all rose to stardom as retail investors poured capital into the 2017 cycle. LTC is up in part because of MEI Pharma's $100 million LTC fund with the project's founder, Charlie Lee, taking a board seat. But it's also due to a general rotation into legacy coins that stuttered during this week's ferocious altcoin move Uniswap (UNI), which was
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