Despite the bearish trend, some altcoins are on the rise. As Bitcoin (BTC) fell to $52,500, losing over 6 percent the day before, many investors shifted funds from altcoins. BTC's decline disappointed the bulls as it moved toward the $50,000 support level. However, several altcoins remained resilient.

Simon's Cat (CAT), a notable figure on BNBChain, surged by 12.5 percent in the last 24 hours, riding the memecoin wave started by NEIRO. CAT recorded a trading volume of $132 million and reached a market value of $176 million.

Starknet (STRK), an Ethereum layer-2 scaling project, also gained momentum. STRK, which held strong despite BTC’s decline, rose by 9.4 percent over the last 24 hours, with a market value of $759 million and a trading volume of $226 million.

NFT-focused blockchain Blur (BLUR), which supports layer-2 trading, increased by 6.2 percent in the last 24 hours, with a trading volume of $75 million and a market value of $308 million.

ZetaChain (ZETA), a layer-1 blockchain considered a competitor to Aptos, rose by 5.6 percent over the past 24 hours, achieving a trading volume of $21 million and a market value of $183 million.

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