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These altcoins are the trend of the recent period: Bull run at full speed!
After a week where Bitcoin approached $100,000, which altcoins started the weekend on an upward trajectory?
The leader of cryptocurrencies BTC, rose to 99,588 dollars on November 22, signing a new record. BTC's upward movement cyclically provided money inflow to altcoins. While memecoins were the trend of the past week, this week the focus shifted to major altcoins.
It has been announced that SEC Chairman Gary Gensler will step down on January 20th. This development has opened the way for major altcoins, particularly XRP.
What major altcoins have experienced a bull run in the recent trend?
Here is today's top 100 (best 100 by market value) altcoin that has risen the most...
Stellar (XLM)
Stellar (XLM), a decentralized and peer-to-peer blockchain protocol seen as a competitor to XRP, became the top gainer among major altcoins of the day. Serving as a payment and value storage tool, XLM did not lag behind the rally performed by XRP. The popular altcoin recorded a nearly 55% increase in the last 24 hours.
According to CoinGecko data, XLM recorded a trading volume of $7.17 billion in the last 24 hours. The market value of XLM exceeded $13.095 billion.
VeChain (VET)
VeChain (VET), a project aimed at providing data flow and improving business processes through blockchain, has become one of the standout altcoins of the day. The star of the 2021 bull run has managed to accompany the rally in major altcoins. The popular blockchain project has seen a 30% increase in the last 24 hours.
VET, reaching a market value of 3.452 billion dollars by recording a transaction volume of 426 million dollars in the last 24 hours.
Algorand (ALGO)
Algorand (ALGO), a blockchain used to develop decentralized applications and decentralized finance applications, has become one of the stars of the major altcoin rally. ALGO recorded a 29.7% increase in the last 24 hours.
ALGO, with a market value of 2.577 billion dollars, recorded a trading volume of 911 million dollars in the last 24 hours.
Cardano (ADA)
Cardano (ADA), an important blockchain like Bitcoin, XRP, Ethereum, and Polkadot, is experiencing a sensational bull run. ADA, a smart contract and public blockchain project, has recorded a 24.4% increase in the last 24 hours.
ADA, which recorded a trading volume of 8.568 billion dollars in the last 24 hours, has a market value of 39.175 billion dollars.
Polkadot (DOT)
Polkadot (DOT), which was once considered a competitor to Ethereum and quickly adopted, became one of the standout names of the past week. DOT, an intelligent contract and layer-1 project, recorded a 23.7% increase in the last 24 hours.
DOT, with a trading volume of 1.8 million dollars in the last 24 hours, reached a market value of 11.017 billion dollars.
This article does not contain investment advice or recommendation. Every investment and trading move involves risk and readers should conduct their own research when making a decision.