Ramazan Eles 
US inflation data and Jerome Powell’s remarks sent shockwaves through the crypto market, causing significant volatility.
Released on June 13th, the US inflation data and the subsequent speech by US Federal Reserve Chairman Jerome Powell triggered abrupt price movements in cryptocurrencies. Bitcoin experienced a rapid $1,500 price swing, while altcoins witnessed even sharper gains. So, which altcoins emerged as the top gainers in the last 24 hours?
1. Livepeer (LPT): Nicknamed “the gem,” LPT made a strong comeback in the last 24 hours. Capitalizing on Bitcoin’s volatile movements, LPT surged by an impressive 17.50%, taking the top spot. LPT investors are eagerly watching the coin’s next price moves.
2. Notcoin (NOT): Telegram’s popular tap-to-earn game, NOT, drew attention with its swift recovery. Notching up a 12.30% gain in the last 24 hours, NOT delighted both its players and the TON ecosystem. If the tap-to-earn craze continues, expectations for NOT could rise further.
3. Injective (INJ): Holding its ground above $25 support, INJ rallied alongside Bitcoin’s recovery. The popular altcoin, which gained 8.40% in the last 24 hours, secured the third spot on the list. The $30 level appears to be a crucial threshold for INJ.
4. Toncoin (TON): Telegram’s native token, TON, was another altcoin that rebounded quickly. With an 8.20% increase in the last 24 hours, TON claimed the fourth position.
5. Fetch.ai (FET): A prominent player among AI-based cryptocurrencies, FET gained 7.70% in the last 24 hours. Despite the overall decline in AI tokens following Apple’s announcement, FET managed to stand out. If FET’s upward momentum continues, it could trigger a surge in other AI coins.
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