Five Altcoins Challenging Bitcoin’s Dominance: High Expectations for ETH, XRP, LTC, BCH, and ADA

  • Despite struggling to surpass $61,000, Bitcoin (BTC) has been suppressing altcoins, yet some projects have managed to show an upward trend.
  • Bitcoin, which has been unable to recover, continues to keep the altcoin market on tenterhooks. Altcoins, which have not yet clearly caught an upward trend, can occasionally resist Bitcoin.
  • So, which altcoins have risen in the last 24 hours despite the market’s decline?

Discover the top five altcoins that have shown resilience and growth despite Bitcoin’s recent struggles, offering potential investment opportunities.

1- THORChain (RUNE)

Ignoring Bitcoin’s decline and continuing to rise, RUNE recorded a 7.40% increase in the last 24 hours. With this development, RUNE, which settled at the peak, gave confidence to its ecosystem and investors. In a scenario where BTC recovers, higher levels could be targeted for the popular altcoin.

2- Kaspa (KAS)

After a short break, KAS, which showed itself again, experienced a 3.50% increase in the last 24 hours. Giving positive signals towards the 2024 bull, KAS continues to excite its investor base. In addition, news from the ecosystem will be decisive in the KAS price.

3- Monero (XMR)

Leading the privacy projects, XMR managed to rise despite BTC. The popular altcoin, which increased by 2.40% in the last 24 hours, surprised everyone. XMR, which has been included in this list after a long time, gave hope for privacy-based cryptocurrencies.

4- Cardano (ADA)

ADA, which had a relatively bad upward trend, managed to stand firm with a 1.80% increase in the last 24 hours. Showing good performance compared to many altcoins in downward movements, the major coin did not surprise this time either. ADA continues to be a safe haven for crypto investors.

5- Tron (TRX)

TRX, founded by Justin Sun, who came to the fore with the EigenLayer chaos, recorded a 1.60% increase in the last 24 hours. The most popular coin of a period, which wrote its name on this list after a long break, naturally surprised. Expectations from TRX can increase as Justin Sun continues to be on the agenda.

Conclusion

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making decisions.

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Jocelyn Blake
Jocelyn Blakehttps://en.coinotag.com/
Jocelyn Blake is a 29-year-old writer with a particular interest in NFTs (Non-Fungible Tokens). With a love for exploring the latest trends in the cryptocurrency space, Jocelyn provides valuable insights on the world of NFTs.
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