Bitcoin dominance is falling: These 5 altcoins are on the offensive.
The altcoin market, which stepped on the gas with Bitcoin dominance falling below 57 percent, delighted investors.
Bitcoin dominance, which has been above 60 percent for a while, was suppressing altcoins. The dominance, which then fell, paved the way for sharp increases. In particular, the increases in well-established coins attracted investors' attention.
1- Hedera (HBAR)
$HBAR , which has been frequently mentioned in the bull run in 2021, has increased by 44 percent in the last 24 hours. #HBAR , which exploded after a long break, delighted its investors. Weekly closes above $ 0.25 will accelerate the upward momentum for HBAR.
2- Ripple (XRP)
$XRP , which accelerated its rise after breaking two dollars, surprised its investors. The popular altcoin, which rose by 29 percent in the last 24 hours, is blinking at new peaks. The resistance level that #XRP investors should pay attention to in the short term will be $ 3.
3- Iota (IOTA)
#IOATA , which attracted attention with its rise in previous bull seasons, showed a performance of 27 percent in the last 24 hours. IOTA, which reminded us of the bull season in 2021 with this rise, increased expectations.
4- Kaia (KAIA)
#KAIA , which exploded with the decline of Bitcoin dominance, increased by 34 percent in the last 24 hours. For KAIA, which has left a critical level behind, the $ 0.30 band can be followed as resistance in the short term.
5- Eos (EOS)
$EOS , which we can call one of the major coins, increased by 21 percent in the last 24 hours. Taking the opportunity of the sharp rise of other major coins, #EOS made its investors happy after weeks.