Ramazan Eles 
The cryptocurrency market has been on a bullish run this week, with many altcoins experiencing significant gains. Let’s take a look at the top five performing altcoins today.
Following the release of the Fed minutes and the heated discussions at the Jackson Hole Symposium, cryptocurrencies have maintained their upward momentum. Bitcoin, which has managed to stay above $60,000, is now eyeing the $62,000 resistance level.
This bullish sentiment in Bitcoin has provided a tailwind for altcoins, especially memecoins, which have seen gains of over 20% in the past week.
Here are the top-performing altcoins today:
Sun Token (SUN): As the native token of Tron’s decentralized exchange, Sun (SUN) has seen a remarkable 50% increase in the past 24 hours. The launch of Justin Sun’s memecoin platform has further boosted SUN’s momentum. With a trading volume of $522 million and a market capitalization of $230 million, SUN is undoubtedly a standout performer.
Popcat (POPCAT): This Solana-based memecoin has gained nearly 30% in the last 24 hours. Listed on Binance futures, POPCAT has been on a roll for the past two days. With a trading volume of $165 million and a market capitalization of $600 million, POPCAT is a force to be reckoned with in the memecoin space.
Tellor Tributes (TRB): This decentralized finance (DeFi) project, which was a star performer in the previous bull run, has surged 20% in the past 24 hours. With a trading volume of $66 million and a market capitalization of $183 million, TRB is making a strong comeback.
Maga (TRUMP): Inspired by US presidential candidate Donald Trump, this anonymous memecoin has gained 20% in the past 24 hours. Over the past week, MAGA has seen a 35% increase in value.
Io.net (IO): Launched in 2024, Io.net has been making waves in the tech and AI sectors. The token has surged 19% in the past 24 hours, reaching a market capitalization of $193 million with a trading volume of $244 million.
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