Bitcoin fell, but these altcoins remained strong: They are at the top!

The news that the Federal Reserve may cut interest rates by 0.5 percent in September provided a lifeline for the cryptocurrency market. The U.S. stock market started positively the day before. Although these developments initially led to a nearly 5 percent rise in altcoins, a new decline followed.

Blur (BLUR), a crypto initiative offering staking and crypto lending services through NFTs, rose by 11.6 percent in the last 24 hours. Built on the Ethereum blockchain, BLUR was the highest-gaining altcoin of the day. According to CoinGecko, BLUR had a trading volume of $61 million in the past 24 hours, reaching a market value of $302 million.

Curve (CRV), one of the popular decentralized finance (DeFi) projects on Ethereum, saw a 9.7 percent rise in the last 24 hours. CRV focuses on increasing stablecoin liquidity and has gained attention with its staking system. It recorded a transaction volume of $213 million in the last 24 hours, reaching a market value of $347 million.

Starknet (STRK), an Ethereum Layer-2 scaling project, rose by 9.7 percent in the past 24 hours, marking significant growth. With a market value of $715 million, STRK saw a transaction volume of $195 million in the last 24 hours.

The decentralized exchange 1inch (1INCH) on the Ethereum blockchain increased by 9.3 percent in the last 24 hours. Although often overshadowed by Uniswap, 1inch was one of the top performers of the day. It recorded a transaction volume of $195 million and reached a market value of $333 million.

Injective (INJ), built on the Cosmos SDK, rose by 8.6 percent in the last 24 hours. The decentralized trading platform achieved notable growth, reaching a market value of $1.68 billion and a trading volume of $130 million in the last 24 hours.

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