Bitcoin closed the week above $97,000, giving the altcoin market a breath of relief. BTC, which pulled back a bit before reaching $100,000, started to rise again by recovering from $95,500 on November 24. Bitcoin, the leader of the cryptocurrency markets, made a strong start to the new week and reached a level close to $98,500 at the time of writing. This rise also had positive effects on the altcoin market and some projects attracted attention.
1- The Sandbox (SAND)
SAND, one of the prominent Metaverse coins of the 2021 bull season, gained 30 percent in value in the last 24 hours. SAND, which has not shown such a strong rise for a long time, surprised investors. If Metaverse interest continues to return, the rise in SAND is likely to continue.
2- You are (SIX)
SEI, one of the Tier-1 altcoins, has finally made the expected rise. SEI, which has increased by 16 percent in the last 24 hours, entered the list from the second place. The critical resistance level that investors should pay attention to for SEI stands out as $0.75.
3- Peanut the Squirrel (PNUT)
PNUT, one of the popular memecoins of the recent period, gained 11 percent in value in a short time. Breaking the downtrend and making a leap, PNUT gives positive signals to investors for the upcoming bull season.
4- Read DAO (LDO)
LDO, which gained strength after Ethereum broke a significant level, has increased by 9 percent in the last 24 hours. LDO, which is still weak compared to other altcoins, could accelerate the bull run if it rises above the $2 level.
5- Fantom (FTM)
FTM, which has shown solid resistance to the declines in Bitcoin, has recently started to rise. Having gained 8 percent in the last 24 hours, FTM is approaching the $1 level. A weekly close above this level could give strong bullish signals for FTM.
