🔥$ICP , NEAR, Toncoin, and $GALA benefit most in sluggish market🔥
🔥AI smart contract drives ICP's growth.
🔥The GalaChain hackathon impact is still affecting GALA's pricing as NEAR recovers.
🔥Many cryptocurrencies have seen lackluster growth in the previous two weeks, dampening Bitcoin's all-time high's impact. Though most cryptocurrencies are consolidating, a few altcoins have taken their own route. Internet Computer (ICP), Toncoin (TON), Near Protocol (NEAR), and Gala are cryptos.
🔥Bitcoin price consolidation hurts altcoins
After Bitcoin's record high, numerous cryptocurrencies broke price barriers and achieved new record highs. After a major crypto asset price correction, the market is growing slowly.
🔥Since Bitcoin is struggling to recover, the top 100 crypto currencies have gained weakly. After the Fed maintained interest rates, Bitcoin and the crypto market rose but couldn't sustain it. Bitcoin ETFs, which drove the bull market, are witnessing record low inflows. Thus, tokens dependent on Bitcoin may stagnate if the biggest digital asset doesn't increase significantly.
🔥ICP, TON, GALA, NEAR start a breakout
🔥Several crypto currencies have escaped Bitcoin's glacial growth after ecosystem improvements led to remarkable price rises.
🔥After rising 42% in the last week, ICP reached $17.43 on March 25. It rallied when CEO and chief scientist Dominic Williams displayed "the world's first artificial intelligence running on blockchain as a smart contract" on X. ICP rose about 20% in 24 hours.”
After launching The Open League incentive program, Toncoin gained significantly. Competitive projects and users in the TON ecosystem would get 30 million TON, worth $115 million when announced. Despite a short Telegram ban in Spain, TON rose about 50% in the previous week, including 12.4% in the past 24 hours.
The Gala Chain hackathon has contributed to GALA's 12% surge in 24 hours. This may suggest that GalaChain's promise is being realized by following hackathon initiatives.
