Although the increasing Bitcoin dominance in recent days continues to put pressure on the altcoin market, significant increases have been observed in some cryptocurrencies.
While Bitcoin's dominance reached 57%, putting pressure on altcoins, altcoins continued to lose value despite BTC remaining above the $ 100,000 level, and this negatively affected investors. However, despite this pressure, some altcoins managed to rise. So, which are these altcoins?
1- Ethena (ENA)
Donald Trump’s DeFi-focused company World Liberty’s start of collecting ENA tokens caused the pair to rise rapidly. ENA, which gained 12% in the last 24 hours, took the top spot on the list, giving positive signals for the bull run. If World Liberty continues its purchases, the rise in ENA may accelerate.
2- Kaia (KAIA)
Formerly known as Klaytn (KAIA), the pair has surged despite the rise in Bitcoin dominance. Gaining 9% in the last 24 hours, KAIA could set a target of $0.50 if it stays above the $0.30 level.
3- Helium (HNT)
Helium (HNT), which has attracted the attention of crypto miners, has increased by 6% in the last 24 hours. With this rise, HNT, which has moved into third place, may target the $9 level in the short term.
4- GateToken (GT)
GateToken (GT), the native token of the Gate.io exchange, gained 2% in value in the last 24 hours. The fact that exchange tokens remained intact despite the declines in the market has been an important indicator for investors.
5- Ethereum Name Service (ENS)
ENS, which attracted attention during the rise of Ethereum, this time started to rise despite the decline in Bitcoin and Ethereum. Gaining 1% in the last 24 hours, ENS showed a strong performance despite the fluctuations in the market.
At a time when Bitcoin dominance was increasing, these altcoins attracted attention with their rise.