This week, the cryptocurrency market was marked by the rise of Bitcoin and new developments regarding the SEC-XRP case.
Because the court rejected the SEC's request to appeal against the Ripple decision.
While XRP and SEC were talked about among investors and in the market after this decision, Santiment said that there were two altcoins other than XRP that should be paid attention and followed.
Stating that these two altcoins are RAY, which increased by 24% in 1 hour yesterday, and VRA, which recorded an impressive 71% increase in 1 week, Santiment made the following statements:
“Most chatter revolves around the SEC's rejection of the Ripple and XRP objection.
But watch for RAY's +24% spike in less than 1 hour, VRA's impressive +71% rise in 1 week, and other altcoins leading the way right now.”
🗣️ Most chats have been circulating around the #SEC's appeal against #Ripple and $XRP being denied. But keep an eye on $RAY's sudden +24% pump in less than 1 hour, $VRA's impressive +71% surge in 1 week, and other #altcoins currently driving markets. https://t.co/i6cAC5dsox pic.twitter.com/tBqWCuzQTB
— Santiment (@santimentfeed) October 4, 2023
When we look at the RAY chart, it is seen that it increased by 25% in a short time yesterday, reaching up to $ 0.226, but then gave back some of its gains.
When we look at the graph of VRA, it is seen that VRA started to rise about a week ago and increased by up to 85% within a week.
At the time of writing, VRA is traded at $0.0065 and RAY is traded at $0.193.