Despite Bitcoin’s (BTC) recent 7% drop in value, certain altcoins have shown resilience and promise.
After touching $65,500, Bitcoin started a downtrend to test $60,900 in the short term.
Despite the bearish trend among the cryptocurrency market leaders, some altcoins have managed to maintain their upward momentum.
1. Casper
After making a splash in the last quarter of 2023, KAS had a strong start in 2024. However, the popular altcoin underwent a correction and failed to live up to the expectations of the ecosystem and enthusiasts. Now, KAS is poised to rise again, securing the top spot with a 10% gain in the past 24 hours.
2. Akashic Network (AKT)
AKT is the leading altcoin in the cloud service provider category, showing a performance growth of 8.90% in the past 24 hours. AKT frequently appears in this list, indicating a new trend. If the upward momentum continues, AKT may trigger a new round of craze.
3. Rune
RUNE, which has been struggling to maintain a stable price structure, has gained 8.30% in the past 24 hours. As a name to watch among ecosystem projects, RUNE has regained confidence amid the rise of Bitcoin. RUNE investors are closely watching the future price trend of the token.
4. Pepe
PEPE is vying for the throne of Dogecoin amid the memecoin craze, gaining attention with a 5.80% gain in the past 24 hours. The popular altcoin has a clearer price structure than other memecoins and is showing strength in both parity and memecoin trends.
5. Rendering (RNDR)
RNDR is one of the best performing projects in the AI category, having gained 5.70% in the past 24 hours. The prominence of AI has significantly increased the demand for RNDR not only in the cryptocurrency industry, but also globally. As one of the altcoins with the highest gains in recent days, RNDR is becoming a regular on this list.
in conclusion
Despite Bitcoin’s recent downturn, certain altcoins have shown resilience and growth potential. These include Kaspa (KAS), Akash Network (AKT), THORChain (RUNE), Pepe (PEPE), and Render (RNDR). Enthusiasts are advised to conduct their own research before making a decision.
(Personal opinion, not a recommendation)
In the crypto industry, if you want to seize the next bull market opportunity, you need to have a high-quality circle and maintain insight. If you are alone, looking around and finding no one, it is actually very difficult to persist in this industry. Follow the homepage~
If you like it, please follow us for more articles.
