Watch out for these altcoins: Investors are showing great interest!
Magic Eden (ME)
The multi-NFT platform Magic Eden (ME), which is on the Solana blockchain, entered the markets the other day. Listed on crypto exchanges such as Binance, OKX and Gateio, ME attracted great attention in a short time. The inter-blockchain NFT platform Magic Eden was included in CoinGecko's trend list.
According to CoinGecko data, ME fell by 69.2 percent in the last 24 hours, falling to a market value of $679 million.
Solana (SOL)
Solana, a layer-1 blockchain shown as a strong competitor to the Ethereum blockchain, was among the trending altcoins of the day. $SOL , which quickly recovered from the decline it experienced the other day, managed to attract the attention of investors.
SOL reached a market value of $106.565 billion with a 3.3 percent increase in the last 24 hours.
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Sui (SUI)
One of the most popular altcoins of 2024, the layer-1 blockchain Sui ($SUI ), has taken its place on the trend coins list. SUI, which has attracted great attention in the last few months, is talked about in many areas, especially on social media platforms.
SUI fell by 0.6 percent in the last 24 hours, dropping to a market value of $ 10.992 billion.
Pepe (PEPE)
Pepe (PEPE), the memecoin inspired by the Pepe the Frog figure, became one of the most searched and popular cryptocurrencies of the day. $PEPE , which entered CoinGecko's trend category, is among the favorite candidates of a possible memecoin bull.
PEPE fell by 6.7 percent in the last 24 hours, dropping to a market value of $ 9.918 billion.
Bittensor (TAO)
Bittensor (TAO), which focuses on machine learning and artificial intelligence, is among the most popular altcoins of 2024. TAO, one of the new players in the crypto sector, stands out with its support for decentralized initiatives.
TAO fell by 2.5 percent in the last 24 hours, dropping to a market value of $4.269 billion.
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