AltCoin Shopping Spree!

Everything is looking green this weekend in the crypto market - everything except Bitcoin Cash. This is one of the lone significant altcoins to be dropping in value this weekend, amongst a buying rush in virtually all other major altcoins. Amongst the largest gainers, NEO is surging in growth due to swirling rumors, along with lesser known coins such as Groestlcoin and Lisk, both gaining significant value in a short time.

Confidence appears to be returning to the altcoin market now that all the drama surrounding Bitcoin is finally settling. As Bitcoin Cash experiences a soft landing from its heady heights, it seems that buyers are feeding more fiat into the market's broad range of offerings.

Chances are that such a broad range in gains is not sustainable and many of these altcoins will likely take a small dive in value after the weekend. If rumors surrounding NEO turn out to be true, its value could hold, but it is more likely that it will experience a sell-off after briefly spiking when news is released.

Interestingly, Bitcoin continues its gradual rise and looks to be no worse for wear after the chaos of the past couple weeks. It appears that a rising tide does indeed lift all boats. Well, all boats but Bitcoin Cash...

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