Holding above $90 thousand, Bitcoin triggered a huge surge in the altcoin market.
Some days it’s around $90,000. BTCbegan to please altcoin investors. With the decline in dominance, the flow of money into altcoins increased. Specifically XRPIt drew attention that it crossed $1 in a short period of time. So which altcoins made their mark in the last 24 hours?
1- HEDRA (HBAR)
In the shining stars of 2021 Bull, HBAR increased by 41.02% in the last 24 hours. HBAR, which topped the list with this addition, reminded itself again. If BTC stays above $90,000 or BTC dominance declines, the pair could continue to rally.
2- Mantra (OM)
OM, which has been notable for its steady rise in recent times, rose 23.31% in short span of time. The popular altcoin, which gained momentum after crossing $4, is currently trading at $4.18. If OM breaks $4.50, the bullish momentum may increase further.
3- Stellar (XLM)
XLM, which exploded after XRP crossed $1, has performed 14.18% in the last 24 hours. XLM, ranked third on the list, surpassed a significant margin. XLM investors can currently follow the $0.25 band as resistance.
4- Wave (XRP)
Rumors that Gary Gensler would resign boosted the price of XRP. XRP, which gained 10.08% in the last 24 hours, reached $1.20. If SEC pressure eases, the $1.50 band could be targeted for XRP. This target will vary depending on market conditions.
5- Peanut Squirrel (PNUT)
PNUT, which Elon Musk has been sharing for a few days, gained 4.68% in the last 24 hours. PNUT, which gained attention after being listed on major cryptocurrency exchanges, reached a market value of $1.67 billion. If Musk continues to share posts about PNUT, the upward movement could accelerate.
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.
