The latest trend is these altcoins: Bull run in full swing!

The leader of cryptocurrencies, BTC, broke a new record by rising to $99,588 on November 22. BTC's upward trend provided a cyclical inflow of money into altcoins. While memecoins were the trend of the past week, this week all eyes turned to major altcoins.

It was announced that SEC Chairman Gary Gensler will leave office on January 20. This development paved the way for major altcoins, especially XRP.

Stellar (XLM)

Stellar ($XLM ), a decentralized and peer-to-peer blockchain protocol seen as a rival to XRP, was the highest-rising major altcoin of the day. #XLM , a payment and store of value instrument, did not lag behind the rally made by XRP. The popular altcoin increased by nearly 55 percent in the last 24 hours.

According to CoinGecko data, XLM recorded a trading volume of $7.17 billion in the last 24 hours. XLM's market value exceeded $13.095 billion.

VeChain (VET)

VeChain ($VET ), a project to provide data flow and improve business processes via blockchain, was one of the prominent altcoins of the day. The star of the 2021 bull managed to accompany the rally in major altcoins. The popular blockchain project has increased by 30 percent in the last 24 hours.

Algorand (ALGO)

Algorand ($ALGO ), a blockchain used to develop decentralized applications and decentralized finance applications, was one of the stars of the major altcoin rally. #ALGO increased by 29.7 percent in the last 24 hours.

ALGO, which has a market value of $2.577 billion, recorded a trading volume of $911 million in the last 24 hours.

Cardano (ADA)

Cardano (#ADA ), a major blockchain like #Bitcoin , XRP, Ethereum and Polkadot, is making a sensational bull run. Smart contracts and public blockchain project ADA has increased by 24.4 percent in the last 24 hours.

Polkadot (DOT)

Polkadot (DOT), which was once considered a rival to Ethereum and quickly adopted, has been one of the prominent names of the past week. Smart contracts and layer-1 project #DOT has increased by 23.7 percent in the last 24 hours.