The altcoin market performs strongly, with AVAX and Solana experiencing increases
Brothers, pay attention, we will start a live broadcast soon, analyzing market trends online
Today, the altcoin market generally rose, with AVAX particularly outstanding, increasing nearly 5%, currently priced over $40. This increase further solidifies AVAX's position in the market and attracts the attention of many investors.
Main altcoins' increase
Ethereum (ETH): Up about 2%, close to $3,500. This increase further confirms Ethereum's dominance in the cryptocurrency market, especially its strong influence in decentralized finance (DeFi) and smart contracts.
XRP: Up 2.3%, currently showing a slight price rebound, with market sentiment relatively optimistic, particularly as Ripple's legal issues gradually resolve.
Solana (SOL): Up 2-4%, although its increase is slightly inferior to AVAX, it still shows the market's recognition of the Solana ecosystem and its scalability solutions.
Dogecoin (DOGE): Up 2-4%, driven by market sentiment, especially with the influence of celebrities like Elon Musk, DOGE continues to attract investors' attention.
Toncoin (TON): Also up about 2-4%, as a project with potential in decentralized storage and messaging, TON is gradually being recognized by the market.
Outstanding performance of small altcoins
In addition, some small altcoins also performed well, showing significant increases:
MOVE: Up 26%, becoming one of today's largest rising crypto assets.
BGB: Up 16%, showing strong market interest in this token.
PENGU: Up 13%, recently attracting considerable attention from investors.
JASMY: Up 13%, with rising market demand, possibly related to its applications in the Internet of Things (IoT) field.
VET: Up 10%, as VeChain's ecosystem continues to expand, becoming an important project in supply chain management.
Overall market performance
Since yesterday, the total market capitalization of the entire cryptocurrency market has increased by over $100 billion, with the current market cap approaching $3.6 trillion. This growth marks a rebound in market sentiment, especially during the year-end holiday season, where investors' optimism further drives up digital asset prices.
Brothers, pay attention, we will start a live broadcast soon, analyzing market trends online
