After Bitcoin (BTC) plunged to $52,500 earlier this week, which altcoins started the weekend on a positive note?
BTC’s more than 6% drop the previous day led to accelerated capital outflows from altcoins, leaving many traders disheartened as Bitcoin bulls faltered, dropping to $52,500.
However, despite Bitcoin eyeing the $50,000 support level, several altcoins maintained impressive strength.
Even amid a bearish crypto market, these altcoins continued to gain traction and hold their ground.
Neiro on ETH (NEIRO)
Neiro on ETH (NEIRO), a token launched on the Ethereum blockchain, skyrocketed by over 100% after being listed for futures trading on Binance. Inspired by Neiro, the new dog of Kabosu’s owner (the dog that inspired Dogecoin), this memecoin saw a significant surge.
According to CoinGecko data, NEIRO recorded a trading volume of $190 million within the last 24 hours, with its market cap surpassing $175 million.
Simon’s Cat (CAT)
Simon’s Cat (CAT), a well-known memecoin on BNBChain featuring a popular cat character, followed in NEIRO’s footsteps, climbing by 12.5% over the past day.
CAT achieved a 24-hour trading volume of $132 million and a market cap of $176 million, continuing the momentum started by NEIRO.
Starknet (STRK)
Starknet (STRK), one of Ethereum’s prominent layer-2 scaling solutions, gained strong momentum despite BTC’s downturn, rising by 9.4% over the last 24 hours.
STRK now holds a market cap of $759 million, with a 24-hour trading volume of $226 million.
Blur (BLUR)
Blur (BLUR), an NFT-focused blockchain built with layer-2 support, emerged as a standout altcoin, experiencing a 6.2% increase in the past 24 hours.
With $75 million in trading volume in the same period, BLUR’s market cap now stands at $308 million.
ZetaChain (ZETA)
ZetaChain (ZETA), a layer-1 blockchain often compared to Aptos, made headlines after rising by 5.6% over the past day.
ZETA’s 24-hour trading volume hit $21 million, and the project’s market cap reached $183 million.
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