Top Altcoins To Bounce Back: Analysed
The recent market downturn pushed Ethereum and many other altcoins to their lowest points this month. Ethereum's price recently dropped to $3,249.5 but has since recovered to $3,442.72, gaining 2.2% in the last 24 hours. Ethereum closely follows Bitcoin's price movements and is prepared to recover as Bitcoin rallies to all-time highs.
Solana jumped from $139 to $146.93 in just 20 minutes, marking a 7% recovery in the last 24 hours. This surge is expected to continue, driven by positive market sentiment and rising demand for the Solana ETF, with VanEck applying for an ETF. The price previously surged to $202 in March and is expected to continue its upward trend in July.
Toncoin
Toncoin has seen significant gains this year, with a 232% increase so far. Its popularity surged to an all-time high of $8.24 just 15 days ago and is now at $7.67, showing a 3% rise in the last 24 hours. Toncoin is expected to be one of the first altcoins to recover.