These altcoins gained strength: early celebration in the US elections

Before the US elections, Bitcoin remained calm, while many altcoins saw an uptrend.

Attention in the crypto sector has turned to the US elections. The election process, in which Kamala Harris and Donald Trump fiercely compete, will end today. Bitcoin lost its upward trend with the decrease in Trump’s chances of winning. Bitcoin, struggling to regain 70,000 dollars, also put pressure on altcoins.

Despite the pressure in the markets, many altcoins dazzled with their potential gains. Especially, the rise of Dogecoin drew attention.

Which altcoins have reached the top before the US elections?

Fwog (FWOG)

Fwog (FWOG), one of the newest players in the Solana blockchain, became the top-performing altcoin of the day. The frog-themed memecoin, which quickly went viral, rose by 22.2% in the last 24 hours.

According to CoinGecko data, FWOG recorded a trading volume of 28 million dollars in the last 24 hours. FWOG’s market value exceeded 369 million dollars.

Mask Network (MASK)

Socialization and Web3 platform Mask Network (MASK) have made a remarkable rise. MASK, aiming to create a decentralized network, recorded a 17% increase in the last 24 hours.

The project claiming to be a rival to Facebook became one of the most rising altcoins of the day.

MASK, with a trading volume of 434 million dollars in the last 24 hours, reached a market value of 285 million dollars.

Nosana (NOS)

Nosana (NOS), focusing on artificial intelligence and GPU hardware, became the third highest rising altcoin of the day.

The GPU technology popularized by Nvidia has contributed to Nosana’s prominence. The popular altcoin has risen by 15% in the last 24 hours.

NOS, with a market value of 275 million dollars, recorded a trading volume of 6.8 million dollars in the last 24 hours.

Dogecoin (DOGE)

Dogecoin (DOGE), the largest memecoin in terms of market value, has risen 11 percent in the last 24 hours. DOGE, which was mentioned in Elon Musk’s statements during the US election campaign, managed to stand out on election day. The popular memecoin reached its peak of the day.

In the last 24 hours, DOGE, with a transaction volume of 3.65 billion dollars, has a market value of 24.67 billion dollars.

Mog Coin (MOG)

Mog Coin (MOG), one of the most popular memecoins of 2024, settled at the top with an increase of 11 percent in the last 24 hours.

Inspired by the smiling cat emoji, MOG showed a rapid recovery after the recent decline.

MOG reached a market value of $735 million by recording a trading volume of $50 million in the last 24 hours.

This article does not contain investment advice or recommendations. Every investment and trading activity carries risks, and readers should conduct their own research when making decisions.