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NFT integration into altcoin ecosystems triggered transaction spikes, reminiscent of how streaming service stocks surged with content expansion. Traders see this as a bullish driver for investing in altcoins short-term. Deutscher argues that these projects represent the strongest on-ramps into the most profitable corner of the crypto market. Cryptocurrency is an emerging area with more than 17,000 crypto coins in existence, according to Coingecko. Blockchain network activity for top altcoins has recently surpassed transaction numbers seen in certain digital payment stocks, reinforcing demand fundamentals. Investors eyeing altcoins draw parallels to fintech IPO booms, expecting similar valuation growth.
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