Bitcoin, trying to hold above $72 thousand, has surged in the altcoin market.
$73,500 due Oct. 29. Bitcointhen brought the altcoin market. Although the expected rapid growth has not yet materialized, the market breathed a sigh of relief. Altcoins attracted attention despite the dominance level exceeding 60%. So which altcoins gained the most in the last 24 hours?
1- Needle (SUI)
Recent prominent names of Layer-2 projects SUIa 15 percent increase was recorded in a short span of time. SUI, whose volume has crossed two dollars, has given confidence to its investors. If the market moves in an upward direction, an upward movement in the SUI can be expected.
2- six (six)
Another layer-2 project, SEI, gained momentum with the rise of SUI. SEI, which has gained 13% in the last 24 hours, is second on the list. The key resistance level for the SEI is $0.50.
3- Manufacturer (MKR)
MKR, which emerged from the aggregation process, rose 10 percent in the last 24 hours. MKR, which is number three on the list, can continue its upward momentum if it maintains $1,200 as support. Additionally, news flow with MKR will play an important role in the price.
4- Mantra (OM)
OM, one of Binance’s launch pools, rose 8 percent in the past 24 hours. The popular altcoin that broke out after a long time is number four on the list. With Bitcoin rising or dominance levels falling, $2 could be targeted for OM.
5- Mogcoin (MOG)
MOG, one of the leading names in cat memecoins, gained 7% in the last 24 hours. MOG, which made a big difference not only to memecoins but also to the overall market, won the bull season. If the Memecoin craze continues, MOG could see drastic moves.
This article does not contain investment advice or recommendations. Every investment and trading venture involves risk, and readers should do their own research when making decisions.
