• TRX surges 16%, reaching an all-time high, supported by increased whale activity.

  • JASMY rises 33%, breaking key resistance, nearing a $2 billion market cap.

  • ONDO jumps 40%, fueled by growing institutional support, particularly from BlackRock.

The cryptocurrency market is seeing some big moves right now, with several altcoins rising fast. TRX, JASMY, and ONDO are leading the charge. Each coin is gaining thanks to strong market interest and key developments. Let’s dive into why these altcoins are thriving.

Tron (TRX) Hits New All-Time High

Source: Trading View

At press time, Tron had surged 16% in the past 24 hours, reaching a new all-time high of $0.2381. This marks a huge milestone, with the market cap now over $20.55 billion. The price jump comes alongside a big rise in whale activity. Large transactions over $100,000 surged from 244 to 722 in a single day. These transactions totaled $432 million, showing growing interest from bigger investors.

JasmyCoin (JASMY) Rises Toward $2 Billion Market Cap

Source: Trading View

JASMY has seen a huge price increase, with the market cap nearly hitting $2 billion. The coin broke through key resistance levels, including the $0.032-$0.033 range. JasmyCoin gained 33% in one day, marking the seventh straight day of growth. This steady climb shows strong momentum, making JasmyCoin a project to watch in the coming months. The focus on IoT and data privacy has sparked more interest in this coin.

Ondo Finance (ONDO) Skyrockets 40%

Source: Trading View

Recently, Ondo Finance surged by 40% in just 24 hours. The coin has been strong for the past week, showing clear upward movement. Ondo’s price rise follows growing support from major institutions like BlackRock. As a leader in tokenized real-world assets (RWA), Ondo is poised for strong growth. This altcoin could play a key role in DeFi and RWA adoption in the future.

TRX, JASMY, and ONDO are experiencing massive rallies. Each altcoin has benefited from increased market activity and key developments. These tokens are showing strong momentum, and more growth could be on the horizon. The market looks set for a strong finish in 2024.

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