Markete analysis..
$SOL $FET $PEPE Shows potential:
đThe crypto market fully relaxed after the storm of last Monday when Bitcoin and other leading altcoins like #SolanaUSTD (SOL) revisited fresh low values for the year. In particular, while Bitcoin plunged to $49K, Solana tanked to $110.
However, the market is fully recovering from the losses as #Bitcoinâ is back at the $60K range, sustaining the threshold for the past few days.
đAt the same time, Solana has since reached $163 following the fall to $110, marking an impressive comeback of over 40%.
Meanwhile, at press time, Solana has briefly retraced, trading at $156 after advancing by 1.4% in the last 24 hours.
Notably, Solana is not the only top-ranking crypto asset that has recovered from the market dip. In the last 24 hours,
đSimilarly, the #Fetch_ai token from Artificial Superintelligence Alliance has grown by 9% over the past day, trading at $0.9158. After last weekâs market storm sent FET down to $0.7039, it has since rebounded by over 30%.
đIn the meme coin sector, Ethereumâs PEPE and Solanaâs Dogwifhat (WIF) have been top performers. PEPE has increased in value by 4% in the last 24 hours, trading at $0.000008732. This marks a full recovery from last weekâs low of $0.0000059, with PEPE up by over 53% since the fall. #wifhatdog
Meanwhile, WIF has shown even more impressive performance, rising by 3.5% over the past day and achieving a cumulative seven-day growth of over 18%, with its price now at $1.87. Considering WIF was worth $1.0837 last Monday, it has rebounded by over 80%.
As various crypto assets recover from last weekâs losses, analysts suggest that more gains could be expected in the coming days, with projections indicating that Bitcoin could re-enter the $75K range
