Crypto Market Calmed Down, These 3 Altcoins Soared!
The cryptocurrency market has cooled down somewhat in the last 24 hours. While the total market cap has fallen by around $30 billion, investors have started to take a more cautious position. However, despite this general slowdown, a few altcoins managed to attract attention with strong price movements. The prominent names today are: Monero (XMR), XDC Network (XDC), and ai16z (AI16Z).
Monero (XMR): Privacy Giant Booms, But Be Careful
Privacy-focused cryptocurrency Monero (XMR) rallied by an impressive 15% today, defying the bearish sentiment in the market. The XMR price jumped over 40% during early Asian hours, reaching levels not seen since August 2021, surpassing $390.
XDC Network (XDC): Volume Bullish Signals
XDC Network (XDC) is trading at $0.079 today, up 7%. At the same time, its trading volume has increased by 16% in the last 24 hours, reaching $30 million. The fact that price and volume are increasing together indicates that the rally is based on real investor interest and the price action is healthy.
ai16z (AI16Z): AI-Themed Altcoin Continues Its Rise
AI-focused altcoin AI16Z rose 18% today to $0.27. With an impressive rise of almost 97% in the last seven days, AI16Z continues to attract intense investor interest.
⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.
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