ALT Token Surges 12% Amidst Market Downturn, Trading Volume Hits 1.24 Billion on Binance

ALTUSDT experienced a notable price increase over the last 24 hours, with the current price at 0.03928 USDT, up 12.04% from a 24h open of 0.03506. This upward movement can be attributed to heightened trading activity and significant volatility following a sharp surge on June 16, 2025, when ALT rose over 100% within 15 minutes, briefly exceeding $0.05. The rapid price action appears to have drawn increased attention and liquidity to the token, distinguishing it from the broader market, which saw declines in major assets like Bitcoin and Ethereum. Trading volume for ALTUSDT remains substantial, with approximately 1.24 billion ALT and 42.5 million USDT traded, primarily on Binance, indicating robust market participation despite a general decrease in overall crypto trading volume. The recent performance underscores ALT’s status as a market outlier, driven by strong social sentiment and interest in DeFi and real-world asset tokens, even as the wider crypto sector faces cautious investor sentiment and reduced liquidity.