Currencies34931
Market Cap$ 4.30T+0.10%
24h Spot Volume$ 80.18B+1.15%
DominanceBTC53.54%-0.51%ETH13.03%+0.49%
ETH Gas Gwei
Cryptorank

Layer-1 Altcoins Defy Bitcoin Dip: AVAX, DOT, FTM Surge


by Parth Dubey
for CoinEdition
Title L-1 Altcoins to Watch Out for AVAX, DOT, FTM, ICP, ALGO, QNT, XDC, APT, SEI
  • As Bitcoin dips below the $95,000 price level, altcoins are expected to print gains.
  • AVAX and DOT are up 62.74% and 105.55% in the past month.
  • XDC turned bullish in the past day, skyrocketing 11% in 24 hours.

Bitcoin’s (BTC) recent dip below $95,000 has triggered a decline in the altcoin market, creating a potential buying opportunity. Several Layer 1 altcoins, in particular, are showing strong bullish signals.

These Layer 1 tokens include Avalanche (AVAX), Polkadot (DOT), Fantom (FTM), Internet Computer (ICP), Algorand (ALGO), Quant (QNT), XDC Network (XDC), Aptos (APT), and Sei (SEI). With Bitcoin (BTC) trading at $94,311.81, down 1.8% from its all-time high of $99,655.50, altcoins are expected to dominate soon once BTC breaks $100,000.

Read also: XRP Eyes Top 5 as Stellar Records a 463% Price Surge

As per CoinMarketCap data, AVAX trades at $41.48, down 71% from its all-time high of $41.56. Despite this, the digital asset gained 18.46% in the past week, 62.74% in the past month, and 97.59% since November 2023. In contrast, DOT and FTM trade respectively at $8.27 and $0.9517, down 7.29% and 0.38% yesterday. But FTM jumped 46.91% in the past 30 days, wh…

The post Layer-1 Altcoins Defy Bitcoin Dip: AVAX, DOT, FTM Surge appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Report: Avalanche Foundation Seeks $1B for US Crypto-Treasury Vehicles

Report: Avalanche Foundation Seeks $1B for US Crypto-Treasury Vehicles

Avalanche Foundation is in talks to set up two U.S. cryptocurrency-treasury vehicles ...
Avalanche ведёт переговоры с Hivemind и Dragonfly о привлечении $1 млрд для казначейства AVAX

Avalanche ведёт переговоры с Hivemind и Dragonfly о привлечении $1 млрд для казначейства AVAX

Фонд Avalanche Foundation ведёт переговоры о создании двух американских компаний по у...

Layer-1 Altcoins Defy Bitcoin Dip: AVAX, DOT, FTM Surge


by Parth Dubey
for CoinEdition
Title L-1 Altcoins to Watch Out for AVAX, DOT, FTM, ICP, ALGO, QNT, XDC, APT, SEI
  • As Bitcoin dips below the $95,000 price level, altcoins are expected to print gains.
  • AVAX and DOT are up 62.74% and 105.55% in the past month.
  • XDC turned bullish in the past day, skyrocketing 11% in 24 hours.

Bitcoin’s (BTC) recent dip below $95,000 has triggered a decline in the altcoin market, creating a potential buying opportunity. Several Layer 1 altcoins, in particular, are showing strong bullish signals.

These Layer 1 tokens include Avalanche (AVAX), Polkadot (DOT), Fantom (FTM), Internet Computer (ICP), Algorand (ALGO), Quant (QNT), XDC Network (XDC), Aptos (APT), and Sei (SEI). With Bitcoin (BTC) trading at $94,311.81, down 1.8% from its all-time high of $99,655.50, altcoins are expected to dominate soon once BTC breaks $100,000.

Read also: XRP Eyes Top 5 as Stellar Records a 463% Price Surge

As per CoinMarketCap data, AVAX trades at $41.48, down 71% from its all-time high of $41.56. Despite this, the digital asset gained 18.46% in the past week, 62.74% in the past month, and 97.59% since November 2023. In contrast, DOT and FTM trade respectively at $8.27 and $0.9517, down 7.29% and 0.38% yesterday. But FTM jumped 46.91% in the past 30 days, wh…

The post Layer-1 Altcoins Defy Bitcoin Dip: AVAX, DOT, FTM Surge appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Report: Avalanche Foundation Seeks $1B for US Crypto-Treasury Vehicles

Report: Avalanche Foundation Seeks $1B for US Crypto-Treasury Vehicles

Avalanche Foundation is in talks to set up two U.S. cryptocurrency-treasury vehicles ...
Avalanche ведёт переговоры с Hivemind и Dragonfly о привлечении $1 млрд для казначейства AVAX

Avalanche ведёт переговоры с Hivemind и Dragonfly о привлечении $1 млрд для казначейства AVAX

Фонд Avalanche Foundation ведёт переговоры о создании двух американских компаний по у...