Some altcoins have done well this summer and are worth keeping an eye on:
1⃣️$SEI : Sei, a blockchain project using a proof-of-stake (PoS) structure, had a particularly strong week, becoming the best-performing altcoin of the day. A competitor to Solana and Aptos, Sei has grown 18.09% in the past 24 hours, with trading volume reaching $131.49 million and a market capitalization of $1.3 billion.
2⃣️$ORDI : ORDI is a BRC-20 standard token based on the Bitcoin network and was the second highest-rising token on the day. ORDI has gained 15.79% in the past 24 hours, with a trading volume of $188 million and a market capitalization of $893 million.
3⃣️$BONK : Bonk, a dog-themed memecoin that is part of Solana’s market entry and rescue plan during the challenging times of 2023, has grown 13.62% in the past 24 hours with a trading volume of $574 million and a market cap of $2.17 billion.
4⃣️AR: Arweave is a decentralized data storage and cloud system project that has also had a significant impact today. The once-legendary crypto project has grown by 12.62% in the past 24 hours, with a trading volume of $103 million and a market capitalization of $2.22 billion.