Crypto:
30188
Bitcoin:
$68.097
% 1.28
BTC Dominance:
%54.4
% 0.13
Market Cap:
$2.44 T
% 3.67
Fear & Greed:
74 / 100
Bitcoin:
$ 68.097
BTC Dominance:
% 54.4
Market Cap:
$2.44 T

These 5 Altcoins Stood Strong Despite the Decline

Bitcoin And Altcoins Are Soaring! What Are Investors Expecting?

While the crypto market experienced a Bitcoin (BTC) driven decline, these five altcoins experienced a decoupling and bullish scenario.

Bitcoin (BTC), the leading cryptocurrency, experienced a decline in line with the negative spot Bitcoin ETF data. The depth of BTC’s decline in the last 24 hours was 3.39%. With this decline, BTC fell from $64,580 to $62,390.

The negative outlook in spot Bitcoin ETF data also affected altcoins. The outflow of money from altcoins continued.

Despite the negative outlook of the crypto market, some altcoins made their mark on the day with the gains they made in the last 24 hours. Here are five altcoins that have decoupled from BTC and remained strong despite the decline…

1- Golem (GLM)

Golem (GLM), an open-source blockchain that offers a decentralized computing network and a flexible platform for users, was the day’s biggest rising altcoin. GLM increased by 30.8% in the last 24 hours.

According to data obtained from CoinGecko, GLM coin had a trading volume of $68.3 million in the last 24 hours. GLM coin has a market capitalization of $498.22 million.

As of the time of writing the content, GLM coin is trading at $0.5078.

2- Helium Mobile (MOBILE)

Helium Mobile (MOBILE), which provides cellular connectivity service and opens the doors to decentralized communication thanks to its decentralized wireless communication infrastructure, was the second most rising altcoin of the day. MOBILE rose 24.9% in the last 24 hours.

According to data obtained from CoinGecko, MOBILE coin had a trading volume of $19.21 million in the last 24 hours. MOBILE coin has a market capitalization of $230.23 million.

READ:  Bitcoin Volatility Surges Ahead of Halving, Outpacing Ether

As of the time of writing the content, MOBILE coin is trading at $0.002572.

3- LCX (LCX)

LCX (LCX), the native coin of a centralized platform that focuses on security tokens, token trading, and cryptocurrencies, was the third most rising altcoin of the day. LCX increased by 12.1% in the last 24 hours.

According to data obtained from CoinGecko, LCX coin had a trading volume of $2.77 million in the last 24 hours. LCX coin has a market capitalization of $246 million.

As of the time of writing the content, LCX coin is trading at $0.31350.

4- aelf (ELF)

aelf (ELF), a blockchain initiative focused on decentralized cloud systems and transaction networks, was the fourth most rising altcoin of the day. ELF increased by 11.1% in the last 24 hours.

According to data obtained from CoinGecko, ELF coin had a trading volume of $27.67 million in the last 24 hours. ELF coin has a market capitalization of $467.9 million.

As of the time of writing the content, ELF coin is trading at $0.6477.

5- Popcat (POPCAT)

Popcat (POPCAT), one of the newest memecoins to emerge on the Solana network and has quickly managed to build a community, was the fifth most rising altcoin of the day. POPCAT increased by 6.7% in the last 24 hours.

According to data obtained from CoinGecko, POPCAT coin had a trading volume of $123.36 million in the last 24 hours. POPCAT coin has a market capitalization of $443.17 million.

As of the time of writing the content, POPCAT coin is trading at $0.4470.

Rate this post

Leave a Reply

Your email address will not be published. Required fields are marked *