CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
CoinGape 2024-12-10 17:52:03

Top 4 Altcoins to Drive Recovery Post-$1.7 Billion Liquidation

The cryptocurrency market is experiencing renewed interest following a $1.7 billion liquidation event that significantly affected traders and market cap. Despite the setback, a recovery trend is emerging, with altcoins showing resilience and potential for growth. These four altcoins have captured investor attention, positioning themselves as strong candidates to lead the market rebound. As the crypto market shows signs of recovery, these four altcoins stand out for their growth potential and investor confidence. Positioned to lead the market resurgence, they highlight the industry’s ability to rebound, even after significant setbacks. 4 Altcoins Set to Lead Market Recovery After $1.7B Liquidation Blow Today, the crypto marke t faced a sharp downturn as Bitcoin (BTC) traded below $95,000, reaching significant lows. Major altcoins followed suit, hitting their weakest weekly levels. Investors closely monitor the situation, with some altcoins drawing attention for their performance amid the broader sell-off. Discover these four altcoins showing resilience. Bitget Token (BGB) Bitget Token (BGB) price is trading at $2.76, marking a 6% surge over the past 24 hours. This gain has positioned BGB as a leading altcoin driving market recovery. Over the past week, the token has surged by an impressive 77%, ranking among the top-performing cryptocurrencies. Launched in July 2021 as the utility token of the Bitget crypto exchange, BGB supports payments within its ecosystem. The current momentum suggests that BGB may soon surpass the $2.75 mark, nearing its all-time high of $2.95. If the rally holds, the token could further cement its status as a standout asset in the market recovery. Source: TradingView DexBoss (DEBO) DexBoss (DEBO) is capturing attention as its presale launches at $0.01, with a listing price of $0.0505. The token powers the DexBoss ecosystem, offering utility through a buyback-and-burn mechanism designed to reduce supply and increase scarcity. This deflationary model aims to drive long-term value for investors. With a fixed supply and growing demand, DexBoss is a strategic entry point for those exploring DeFi opportunities. Sui (SUI) Sui (SUI), an innovative Layer 1 blockchain platform, is gaining recognition for its fast, secure, and accessible digital asset solutions. This surge in popularity highlights Sui’s influence in decentralized finance, making it a promising investment option. The blockchain’s efficiency in total value locked (TVL) has propelled its growth, with the SUI price recently reaching $3.58. This notable price increase reflects investor confidence in Sui’s potential as a leading altcoin, solidifying its position in the competitive cryptocurrency market. Source- Defiliama XRP price XRP price has soared 236% in the past month, reaching $2.2 amid a robust cryptocurrency market rally. The surge comes as Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) approaches a possible resolution favouring the company. Investors remain optimistic as a verdict could significantly strengthen Ripple’s position in the market. If the upward trend continues, XRP may surpass $3, inching closer to its all-time high of $3.84. Analysts view XRP as a leading altcoin driving recovery after a $1.7 billion market liquidation. The post Top 4 Altcoins to Drive Recovery Post-$1.7 Billion Liquidation appeared first on CoinGape .

면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.