They are at the top of the day: Bullish appetite in these five altcoins!
The cryptocurrency market had a below-expected start to October. The leading crypto Bitcoin has lost 3 percent of its value since October 1.
In the past week, Middle East tensions escalated. Global markets fell after Iran fired missiles at Israel. The crypto market, affected by this decline, lost $100 billion in total market value.
Gigachad (GIGA), inspired by a cult meme culture and launched on the Solana blockchain, was at the top of the day with a 30 percent increase in the last 24 hours. GIGA also reached its all-time high (ATH) with this rise.
According to CoinGecko data, GIGA recorded a trading volume of $12 million in the last 24 hours. GIGA's market value has exceeded $381 million. Another memecoin on the Solana blockchain, Popcat (POPCAT), was the second highest-rising altcoin of the day. POPCAT, which takes its name from a popular cat figure, increased by 22 percent in the last 24 hours.
POPCAT recorded a trading volume of $157 million in the last 24 hours and reached a market value of $1.223 billion.
DOG-GO-TO-THE-MOON (DOG), built on Bitcoin's Runes protocol, increased by 18.8 percent in the last 24 hours. DOG, one of the popular memecoins on the Bitcoin network, was at the top of the day.
DOG, which has a market value of $393 million, recorded a trading volume of $10 million in the last 24 hours.
Bittensor (TAO), which stands out in the field of artificial intelligence, became the fifth highest-rising altcoin of the day with a 14.8 percent increase in the last 24 hours. The popular artificial intelligence coin has also increased by 134 percent in the last month.
TAO, which recorded a trading volume of $291 million in the last 24 hours, has a market value of $4.323 billion.
Saga (SAGA), which aims to create a secure and scalable blockchain ecosystem, has gained significant momentum after a long period of silence.
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