These five altcoins made their mark on the day: Are the bulls signaling?
With Bitcoin (BTC) surging above $65,000, which five altcoins have risen the most?
The cryptocurrency market has been on a positive outlook for the last two days. With the leading cryptocurrency Bitcoin (BTC) rising above $65,000, many altcoins have seen inflows. Especially the post-halving BTC rise has led to thoughts that the cryptocurrency market is back on the rise.
Altcoins, which took action with Bitcoin’s halving, moved away from the decline zone of the previous weeks. The rise in altcoins from the bottom levels was at an average of 20 percent.
So which altcoins marked the rise of cryptocurrencies on April 23?
1- Akash Network (AKT)
Akash Network (AKT), an open source cloud computing resources marketplace in the Cosmos ecosystem, is the most rising altcoin of the day. AKT, the native token of decentralized finance and cloud systems provider Akash Network, has risen 45 percent in the last 24 hours.
According to CoinMarketCap data, AKT coin’s trading volume in the last 24 hours was $94.8 million. AKT has a market capitalization of $1.4 billion.
2- Kaspa (KAS)
Kaspa (KAS), which has the DAG blockchain and is one of the most popular crypto projects of the last period, is the second highest earning altcoin of the day. KAS, the local coin of Kaspa, which offers decentralized transactions and blockchain services, rose 9 percent in the last 24 hours.
According to CoinMarketCap data, KAS coin’s trading volume in the last 24 hours was $55.11 million. KAS has a market capitalization of $3.025 billion.
3- Stacks (STX)
Stacks (STX), the only cryptocurrency approved by the SEC, was the third most bullish crypto project of the day. STX, the native coin of Stacks, which offers smart contracts on the Bitcoin network and aims to improve the Bitcoin network, has risen 8.42 in the last 24 hours.
According to CoinMarketCap data, STX coin’s trading volume in the last 24 hours was $171.27 million. STX has a market capitalization of $4.48 billion.
4- Core (CORE)
Core (CORE), which aims to revitalize the Bitcoin ecosystem and aims to make the Bitcoin network more efficient, was one of the top names of the day. Core’s native coin CORE, which offers smart contracts in Bitcoin, has hosted a 7.42 percent rise in the last 24 hours.
According to CoinMarketCap data, CORE coin’s trading volume in the last 24 hours was $234.63 million. CORE has a market capitalization of $2.3 billion.
5- Immutable (IMX)
Immutable (IMX), which offers a layer-2 network for NFTs on the Ethereum network and offers efficiency with lower transaction fees, was the fifth most bullish crypto project of the day. Immutable’s native token IMX, which attracts attention with its Ethereum-based and user-friendly blockchain, has risen 7 percent in the last 24 hours.
According to CoinMarketCap data, IMX coin’s trading volume in the last 24 hours was $74.39 million. IMX has a market capitalization of $3.49 billion.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk and readers should do their own research when making decisions.