Bitcoin is still on a race to reach $100,000, but altcoins have seen massive gains. Ethereum (ETH), which is the second largest cryptocurrency, climbed 3.25% up to $3,424.59 CryptoSlate data shows Bitcoin has a weekly gain of 7.83%, while Ethereum’s is 7.83%. Although the price of the biggest altcoin has fallen to less than half its previous high of $4864.11, its market capitalization is still $409 billion.
Solana (SOL), despite a modest gain of 0.24%, has seen its price rise by 19.35% within the past week. SOL reached a record high of $264 last Friday. Dogecoin price (DOGE), which was $0.42 when this article was written, has increased by 15.12% during the past seven days. The DOGE price has increased by 37% since last month.
Although XRP price fell by 2.34% today, the cryptocurrency’s price has climbed by over 180% over the past month.
Cardano (ADA), among the top 10 altcoins in the world, has posted the biggest gains this past week. It climbed 36.81%, to $1.03, with a current market cap of $36 billion. On Saturday, Cardano gained 7.12%. The ADA has grown more than 2000% in just 30 days.
Avalanche’s (AVAX), price reached $41.43 Saturday, a significant increase of 18.8% in the last seven days. AVAX prices have increased over 60% in the past month.
Tron’s (TRX) value rose by almost 6% over the weekend to $0.21. Altcoins have seen gains of more than 28% in the last 30 days. Ton’s (TON), on the other hand, saw its price increase by 16% over the weekend to $6.36. The altcoin’s monthly gain stands at around 85%.
Stellar (XLM), the altcoin, has seen its price increase by more than 66% today. It now stands at $0.49. Over the past month, the altcoin’s price has increased by 430%, data shows. Polkadot’s (DOT) price has risen by 35.93% in the last 24 hours, and was $8.60 when this article was written.
Today’s biggest gainer is Kusama (KSM), which grew by over 111% over the past 24 hours to $46.05 at the time of writing. But even with today’s gains, the altcoin’s price is still 93% below its all-time high.
It is not the first time that a sustained upward trend in Bitcoin’s price has triggered an altcoin rally. Bitcoin’s price has increased by 44% in the last 30 days since Donald Trump’s victory at the U.S. Presidential election earlier this week. This boost to market optimism has led to a sustained upward movement. Bitcoin, despite a slight dip on Saturday of just 1.01% is still on course to reach $100,000 in the next few months. Altcoins will follow suit.
If you want to receive cryptocurrency daily without any effort or trading, we recommend visiting the website "AI Seed Phrase Finder", which supports our project by providing supercomputer computing resources for the most accurate forecasting of cryptocurrency prices on the Binance exchange.
