As Bitcoin Approaches $100K, Which Altcoins Started the Weekend with Highs?

Bitcoin reached a new peak on November 22nd, reaching $99,588. This historic rise also caused fluctuations in the altcoin market. Especially after the rise of memecoins last week, this week the eyes turned to major altcoins. The announcement that SEC Chairman Gary Gensler will leave office on January 20th also paved the way for major altcoins, especially XRP.

So, which cryptocurrencies are the popular major altcoins of the last period? Here are the top 100 altcoins that gained the most value today:

Stellar (XLM)
Stellar (XLM), a decentralized and peer-to-peer blockchain protocol seen as a rival to XRP, was the major altcoin that gained the most value today. As a payment and store of value tool, XLM did not lag behind XRP’s rally and recorded a significant increase of 55% in the last 24 hours. According to CoinGecko data, XLM’s trading volume reached $7.17 billion and its market value rose to $13.1 billion.

VeChain (VET)$VET


VeChain (VET), which aims to provide data flow and improve business processes with blockchain technology, has increased by 30% in the last 24 hours. VET, one of the stars of the bull market that marked 2021, followed the rally in major altcoins. VET's market value increased to $ 3.45 billion and its trading volume increased to $ 426 million.

Algorand (ALGO)$ALGO


Algorand (ALGO), which is used to develop decentralized applications and decentralized finance (DeFi) projects, has become one of the most notable altcoins of the last period. ALGO gained 29.7% in the last 24 hours. With a market value of $ 2.58 billion, ALGO attracted attention with a trading volume of $ 911 million.

Cardano (ADA)
Alongside major blockchain projects such as Bitcoin, XRP, Ethereum and Polkadot, Cardano (ADA) has also seen a significant rise. ADA, a smart contracts and public blockchain project, has gained 24.4% in value in the last 24 hours. ADA’s trading volume reached $8.57 billion, while its market value rose to $39.2 billion.

Polkadot (DOT)$DOT


Polkadot (DOT), shown as a rival to Ethereum, is among the altcoins that have been rapidly adopted recently. DOT, a smart contracts and layer-1 project, has increased by 23.7% in the last 24 hours. Polkadot's market value reached $ 11.02 billion, while its transaction volume reached $ 1.8 million.

The rise of these altcoins, in line with Bitcoin approaching $100,000, suggests that the market is entering a strong bull run.