The 5 strongest altcoins of the last 24 hours: They recovered quickly

As the leading cryptocurrency Bitcoin (BTC) tries to erase the traces of a major decline, which altcoins stood out today?

Bitcoin experienced a major decline with the German government’s transfers and the start of Mt Gox’s repayment plan. The BTC price quickly fell to the 53,000 dollar level.

On the last trading day of the week, the net inflow of spot Bitcoin ETFs was interpreted as a potential ‘buy the dip’ signal. Along with the positive data from the ETFs, some altcoins in the cryptocurrency market started to show surprising increases.

Here are the top 5 rising altcoins of the day

1- Billy (BILLY)

Billy (BILLY), a memecoin project on the Solana network, became the top gainer altcoin in the last 24 hours. BILLY witnessed a 56% surge in the last 24 hours.

According to the data obtained from CoinGecko, BILLY’s trading volume in the last 24 hours is at the 44 million dollar level. BILLY has a market value of 183 million dollars.

2- LayerZero (ZRO)

LayerZero (ZRO), one of the new players in the cryptocurrency market, became the second highest rising altcoin of the day. LayerZero, which focuses on interoperability between blockchains and facilitates secure transactions, has succeeded in attracting attention with its activities following the airdrop distribution. ZRO has experienced a 43.9% increase in the last 24 hours.

According to data from CoinGecko, the trading volume of ZRO in the last 24 hours has reached 650 million dollars. ZRO has a market value of 459.8 million dollars.

3- Aerodrome Finance (AERO)

Aerodrome Finance (AERO), considered one of the largest decentralized exchanges in the Base network, was among the top gaining altcoins of the day. AERO experienced a 36.4% increase in the last 24 hours.

According to data obtained from CoinGecko, AERO’s trading volume in the last 24 hours reached $50 million. AERO has a market value of $293.17 million.

4- Popcat (POPCAT)

Popcat (POPCAT), one of the popular memecoins on the Solana network, is the fourth highest rising altcoin of the day. Representing an open-mouthed cat figure, the memecoin saw a 35% rise in the last 24 hours.

According to CoinGecko data, POPCAT has achieved a trading volume of 80 million dollars in the last 24 hours. The popular memecoin has a market value of 512 million dollars.

5- Taiko (TAIKO)

The ZK-Rollup project Taiko (TAIKO), which aims to solve high transaction fees and scalability issues on the Ethereum network, was among the top gaining altcoins of the day. TAIKO saw a 29% increase in the last 24 hours.

According to CoinGecko data, TAIKO’s trading volume in the last 24 hours reached $33 million. TAIKO has a market value of $150 million.

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