Which altcoins started the weekend on a bullish note after a week in which leading cryptocurrency Bitcoin (BTC) dropped to $52,500?
BTC’s loss of over 6 percent the previous day has accelerated the outflow of funds from altcoins. BTC, which fell to $52,500, has disappointed bulls.
Although $BTC has set its sights on support at $50,000, it is worth noting that many altcoins have remained strong. While the declines in the crypto market continue.
Simon’s Cat (#cat CAT), a major figure in BNBChain, has surged 12.5 percent in the last 24 hours and has accompanied the memecoin rally initiated by NEIRO. CAT has recorded a trading volume of $132 million in the last 24 hours and has reached a market cap of $176 million.
Starknet (STRK), one of the Ethereum (Layer 2) scaling projects, has gained significant momentum. STRK, which has managed to stay strong despite the BTC decline, has increased by 9.4 percent in the last 24 hours. STRK, which has a market cap of $759 million, has recorded a trading volume of $226 million in the last 24 hours. Blockchain (#BLUR NFT Blur ) was one of the most prominent altcoins today. The project, which focuses on NFT trading with Layer 2 support, has increased by 6.2 percent in the last 24 hours. BLUR, which has recorded a trading volume of $75 million in the last 24 hours, has a market cap of $308 million.