✍ Cryptocurrency Market Report – Sunday, June 8, 2025 – 7 AM Mecca time
The market woke up today to a mixed scene of sharp rises in some altcoins and noticeable declines in major currencies. Here’s what happened:
- The most profitable currencies in the last 24 hours:
- Leading today's winning currencies is Tokemak, which achieved a rise exceeding 30%, likely driven by a resurgence of interest in decentralized finance projects.
- Aleph Zero also rose by approximately 26%, in a bullish wave that may be linked to technical announcements or new partnerships.
- Nyan Heroes, Newton, and Ravencoin also saw strong increases ranging from 18% to 22%, indicating growing interest in small market cap currencies.
- The biggest losing currencies:
- On the other hand, Fartcoin recorded a significant decline exceeding 13%, after a rapid surge over the past days, which could be interpreted as a natural price correction.
- Monero also fell by nearly 9%, amid new regulatory concerns affecting privacy-focused currencies.
- Notably, Dogecoin fell by more than 7%, along with significant declines in Ethereum and Solana of approximately 6% and 3.5% respectively, as a result of profit-taking by major investors after previous surges.
- What is happening?
- Small currencies are moving strongly due to internal news or short-term speculation.
- Major currencies are experiencing corrections after a strong rise in the past weeks.
- The market remains volatile, and cautious trading is required at this stage.
