Haciyev Reşit 
The cryptocurrency markets started the new week with a sharp sell-off. As the total market cap fell below $4 trillion, declines in the prices of the leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), created unease among investors. ETH, in particular, fell below the $4,000 level it had long maintained, triggering panic selling. However, quick buying pressure soon pushed the price back up to around $4,200.
Despite the negative trend, some altcoins showed strong resilience and delivered notable gains to their investors. Here are the 5 altcoins that stood out in the past 24 hours:
0G (0G) – Rising Star in Layer-1
The Layer-1 blockchain 0G has recently become one of the most notable projects in the market. The project delivered significant gains to investors with a 25.7% price increase in a short period.
Key factors behind 0G’s rise:
- Increased accessibility through new exchange listings,
- Expanding user base via airdrop campaigns,
- Rapid ecosystem growth boosting investor confidence.
As a result, 0G’s market cap reached $1.3 billion. Dubbed a “hidden giant” in the crypto community, upcoming integrations could push its price even higher.
Aster (ASTER) – Surge Following Rebranding
Formerly known as APX, the project underwent a rebranding on September 17, continuing as Aster (ASTER).
The change sparked investor interest dramatically. ASTER’s price surged from $0.20 to $1.68 in just a week—a rise of over 1,000%.
Factors behind the surge:
- Whale activity: On September 21, a single investor bought $4.44 million worth of tokens,
- Anticipation of Binance listing policies,
- Psychological support following rebranding.
Despite the astronomical rise, ASTER remains highly volatile. Risk management is crucial for investors during such rapid movements.
Avalanche (AVAX) – Strengthened by ETF Expectations
Avalanche (AVAX), one of the major Layer-1 projects, rose 14% in the past 24 hours, catching investors’ attention again.
The main driver: Bitwise’s AVAX spot ETF application to the U.S. Securities and Exchange Commission (SEC). ETF approval processes have historically triggered significant price movements for Bitcoin and Ethereum.
Strengths of AVAX:
- Low fees and high speed,
- Broad DeFi ecosystem,
- Strong institutional interest.
AVAX tested $36 recently and resumed its upward trend after a brief correction.
ether.fi (ETHFI) – Strong Moves in Staking Ecosystem
ether.fi (ETHFI), offering staking services in the Ethereum ecosystem, provided investors with an 11.5% gain over the past 24 hours.
The surge was driven by the platform’s recently announced buyback program, which reduced token supply and created upward price pressure.
ETHFI could gain more prominence as demand for “secure staking” solutions on Ethereum continues to rise. The project aims to provide individual investors with safer and more transparent staking options.
Mantle (MNT) – Bridging Traditional Finance and DeFi
Mantle (MNT) aims to serve as a bridge between traditional finance and DeFi. The altcoin rebounded 8.8% in the past 24 hours and stands out with a strong market capitalization.
MNT’s price has been trading around $1.60–$1.70 for some time. This strong support reinforces investor confidence in the project.
Notable aspects of Mantle:
- Major institutional partnerships,
- Flexible infrastructure solutions,
- User-friendly DeFi integrations.
Are New Opportunities Emerging in Altcoins?
The crypto market has been volatile recently. While declines in Bitcoin and Ethereum caused short-term panic, some altcoins have rebounded strongly, attracting investor attention.
Notably, 0G’s rise, ASTER’s astronomical surge, and ETF expectations for AVAX have brought renewed optimism to the market. However, given the high volatility, careful risk management remains critical for investors.
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