Top Altcoins Making Waves: The Day’s Best Performers
As Bitcoin ($BTC) consolidated at $62,000, maintaining a positive outlook for the week, funds began flowing into promising altcoins. Here are five standout altcoins that dominated the weekend and left a lasting impression on the market.
A bold group of traders proposed a major shift in the financial world, calling for the S&P 500 to be replaced by the S&P 6900. This sparked inspiration within the memecoin sector, resulting in the launch of a viral memecoin on the Ethereum blockchain. $SPX surged by an impressive 7,400% over the past week, with a 24-hour trading volume of $88 million and a market cap now surpassing $771 million.
Another high performer, the quirky memecoin HarryPotterObamaSonic10InuETH (BITCOIN), also on Ethereum, soared 41% within 24 hours. Its lighthearted concept continues to attract attention from traders, pushing it to second place among the day’s best-performing altcoins.
In the wake of Kabosu, the beloved Dogecoin icon’s passing, a new memecoin named Neiro has taken the market by storm. Inspired by the new dog introduced by Kabosu’s owner, $NEIRO surged 37% in the last 24 hours, establishing itself as one of the fastest-growing cryptocurrencies of the year.
Axelar ($AXL), an infrastructure protocol that connects multiple blockchains, gained over 25% within the same period. AXL’s impressive rally demonstrates the growing interest in cross-chain solutions, making it a standout performer.
Lastly, Ethena ($ENA), a DeFi protocol built on Ethereum, claimed the fifth spot among the day’s top performers. ENA, which collaborates with institutional giants like BlackRock, has steadily gained momentum over the past few months. With a 20% increase in the last 24 hours, it has drawn significant interest from both retail and institutional investors.
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