Ethereum gave the signal: These altcoins are taking flight!
Leaving 3330 dollars behind with the reaction it received from 3050 dollars Ethereum (ETH) paved the way for the rise in altcoins.
ETH, the admiral of altcoins, had been drawing a turbulent price structure for a few days. Afterwards, ETH, which caught an upward momentum, managed to break $ 3330. Exceeding $3300, which is an important resistance point in a short period of time, especially pushed some altcoins to the attack. So which cryptocurrencies have risen the most in the last 24 hours? Which altcoins did investors show more tendency?
1- Opitmism (OP)
One of the strongest names in Tier-2 projects OPhas gained good momentum with Ethereum stepping on the gas. The popular coin, which recorded a 16 percent increase in the last 24 hours, gave a bullish signal for both parity and the Tier-2 trend. OP investors are eagerly waiting to see if the rise will continue.
2- Starknet (STRK)
Once famous for a sensational airdrop agenda STRKsurprised everyone. The popular coin, which has not performed very well so far, entered the list from the second place with a 14 percent increase in the last 24 hours. If the STRK ecosystem improves, expectations from the pair will increase.
3- Arweave (AR)
AR, seen as one of the potential altcoins of the 2024 bull, has risen 13 percent in the last 24 hours, ranking third on the list. The popular coin, which managed to remain solid in BTC’s declines, is blinking at the bull season. AR investors are likely to smile for a while longer.
4- Bonk (BONK)
One of the leading memecoins of the Solana ecosystem BONKhas taken off with the recovery of ETH. Overtaking other memecoins, BONK ranked fourth on the list with its increase in the last 24 hours. Memecoin enthusiasts continue to follow the BONK price closely.
5- Ethereum Classic (ETC)
Ethereum hardforks ETCcame to its senses after a long break. ETC, which lagged behind most altcoins, rose 10 percent in the last 24 hours to the fifth place of the list. If the bullish momentum in ETH continues, ETC could target even higher levels.
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.