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Bitcoin is back at $100,000: These 5 altcoins opened the bull season! Bitcoin (BTC), which stepped on the gas after the announcement of the US inflation data, came as a medicine to the altcoin market. BTC, which has been moving downward for a few days, started to rise with the US inflation data announced on December 11. The leader of cryptocurrencies, which exceeded $ 100,000 again, greened the altcoin market. 1- Aave (AAVE) #AAVE , the leading name of DeFi projects, has made its name at the top of the list with a 33 percent increase in the last 24 hours. Known for its rise in the 2021 bull run, AAVE is back on the scene. If the DeFi trend strengthens, the upward momentum in AAVE may continue. 2- Chainlink (LINK) $LINK , which stands out with its work in the RWA field, increased by 30 percent in the last 24 hours. LINK, which was included in this list after a long break, took second place. 3- Sui (SUI) $SUI , which is integrated into the Solana network's popular wallet Backpack, has had a good start. The popular altcoin, which is seen as Solana's rival this season, has shown a performance of 29 percent in the last 24 hours. The outlook for SUI, which targets $5 in the short term, is quite positive 4- dYdX (DYDX) $DYDX , the native token of decentralized crypto exchange dYdX, has risen by 22 percent in the last 24 hours. DYDX, which ranks fourth on the list, may continue its upward trend as the concept of decentralization gains importance. 5- Virtual Protocol (VIRTUAL) #VIRTUAL , the architect of the AI Agent craze, has increased by 21 percent in the last 24 hours. Approaching $2, VIRTUAL may target even higher levels with the volume break of this level. The upward movements in the parity will further strengthen the AI Agent trend.
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Watch out for these altcoins: Investors are showing great interest! Magic Eden (ME) The multi-NFT platform Magic Eden (ME), which is on the Solana blockchain, entered the markets the other day. Listed on crypto exchanges such as Binance, OKX and Gateio, ME attracted great attention in a short time. The inter-blockchain NFT platform Magic Eden was included in CoinGecko's trend list. According to CoinGecko data, ME fell by 69.2 percent in the last 24 hours, falling to a market value of $679 million. Solana (SOL) Solana, a layer-1 blockchain shown as a strong competitor to the Ethereum blockchain, was among the trending altcoins of the day. $SOL , which quickly recovered from the decline it experienced the other day, managed to attract the attention of investors. SOL reached a market value of $106.565 billion with a 3.3 percent increase in the last 24 hours. You may be interested: Huge news for XRP: “It will be a game changer” Sui (SUI) One of the most popular altcoins of 2024, the layer-1 blockchain Sui ($SUI ), has taken its place on the trend coins list. SUI, which has attracted great attention in the last few months, is talked about in many areas, especially on social media platforms. SUI fell by 0.6 percent in the last 24 hours, dropping to a market value of $ 10.992 billion. Pepe (PEPE) Pepe (PEPE), the memecoin inspired by the Pepe the Frog figure, became one of the most searched and popular cryptocurrencies of the day. $PEPE , which entered CoinGecko's trend category, is among the favorite candidates of a possible memecoin bull. PEPE fell by 6.7 percent in the last 24 hours, dropping to a market value of $ 9.918 billion. Bittensor (TAO) Bittensor (TAO), which focuses on machine learning and artificial intelligence, is among the most popular altcoins of 2024. TAO, one of the new players in the crypto sector, stands out with its support for decentralized initiatives. TAO fell by 2.5 percent in the last 24 hours, dropping to a market value of $4.269 billion. #RLUSDApprovalBoostXRP #BURNGMT
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Huge news for XRP: “It will be a game changer” The approval of Ripple’s stablecoin RLUSD from the US has caused the XRP price to rise. One of the most popular altcoins in the crypto ecosystem, XRP, has risen with the sensational development of Ripple Labs. Ripple Labs announced that RLUSD, which it is preparing to launch, has received a valid rating from regulators and has been approved. RLUSD, which aims to include corporate companies, has become a driving force for the Ripple company. The XRP price quickly recovered from the decline it experienced the other day. XRP, which rose with the news, has gained over 20 percent since yesterday evening. Former basketball star Scottie Pippen, who won six NBA championships with the Chicago Bulls, argued that XRP will be a game changer. Ripple Labs’ stablecoin RLUSD will include corporate companies in the blockchain after regulatory approval. The stablecoin in question is expected to record an inflow of over $ 1 billion. The positive impact of RLUSD has pushed the price of the popular altcoin from $ 1.93 to $ 2.35. Analysts have predicted an increase for XRP. Former basketball star Scottie Pippen also expects a rally for XRP. Pippen turned the needle to Ripple in the comparison of Ethereum and Ripple. Pippen, who predicts that the ecosystem will continue to grow day by day, predicts that XRP will take over the reins in 2025. Ripple CEO Brad Garlinghouse emphasized that RLUSD, which received approval from the New York State Department of Financial Services, will be put into service soon. The approval of RLUSD has excited the crypto community. A user named XRPcryptowolf argued that the stablecoin will make XRP the number one altcoin. Crypto analyst Ali Martinez predicted that $XRP will target $ 8.4.
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For more informative content. Follow me on #CoinMarketCap . (My posts do not contain investment advice) 🔗https://coinmarketcap.com/community/profile/SCdeNostradame/
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🧙♂️ According to the disclosed data, only 0.55% of Microsoft shareholders voted 'yes' in the Bitcoin vote. #RLUSDApprovalBoostXRP #BURNGMT #MarketCorrection
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