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With the cryptocurrency market experiencing a boom and Bitcoin trading above $50k, many investors are hopeful for an altseason in 2024. As Bitcoin's influence fades and other cryptocurrencies gain popularity, there's a chance that alternative coins could see a price increase.
Immutable price analysis: (IMX), a leading layer-two Ethereum scaling solution for NFTs, has experienced significant growth over the last week, positioning it as a standout among altcoins. The price of Immutable is currently $3.32, reflecting a minor 5% decline over 24 hours, suggesting a temporary bearish shift.
Kaspa's price reached over 18 cents in the early trading hours and marked a new ATH. Meanwhile, the token appears to be unstoppable as the bulls are utilising all their resources to keep the price elevated and continue to mark new highs.
With Bitcoin's halving and Fed rate cuts coming, these coins could see massive rallies on the new cycle to make you rich.
5 Lesser-Known Altcoins To Buy as the cryptocurrency market gears up for a bullish phase in 2024. The crypto market is rising, and in the lead is Bitcoin price, which topped $50,000 for the first time since December 2021.
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 12, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto Price Predictions: The cryptocurrency market is back on recovery sentiment led by sustainable growth in the leading digital asset Bitcoin. Within three weeks, the BTC price has surged from $38540 to $48565, registering 26% growth.
The ImmutableX (IMX) price has increased swiftly in the last 20 days, culminating with a high above $3 today.
In the last day, the total value of all cryptocurrencies worldwide dropped by 0.7% to $1.8 trillion, as reported by CoinMarketCap (CMC). Meanwhile, the combined daily trading volume for digital currencies rose by 3.7%, reaching over $45 billion, according to CMC.
After displaying a neutral trend for a while, the IMX price has recorded a jump of over 11%, indicating a rise in the bullish sentiments for the coin. Further, the rise in the bull power within the crypto space is assumed to be the prime reason for the pump.
Immutable (IMX) and Bonk (BONK) take center stage as the global crypto market capitalization declines. According to data from CoinMarketCap (CMC), the global cryptocurrency market cap declined by 0.7% in the past 24 hours and is currently standing at $1.
The crypto prices today saw a bearish session as Bitcoin (BTC) was in the red but sustained over the $48,000 mark. Whilst, Ethereum dropped below the $2,500 level and registered a significant downturn.
Bitcoin's strength has improved crypto sentiment, pulling altcoins like IMX, KAS, TIA and STX higher.
Blockchains were created with immutability as one of its fundamental principles and to many the thought of introducing limited mutability contradicts the very foundations on which blockchains were first created.
A jovial mood has engulfed the altcoin industry after Bitcoin made a spectacular breakout and jumped to its highest point in more than a month. This rally also happened as the spectacular bull run in the stock market gained steam.
Layer-2 token Immutable X, decentralized finance Pendle, and Solana's dog-themed coin Bonk were the best performers among the top 100 cryptocurrencies in the last 24 hours.
Crypto Market Analysis: This week marked a bullish phase for the cryptocurrency market, with a significant resurgence in buying interest across most major cryptocurrencies. Bitcoin, the leading digital asset, experienced an 11% increase, climbing from $42,279 to $46,937.
2024 has started with a boom for cryptocurrencies, especially those moving in sync with Bitcoin's ETF gains. Undoubtedly, the crypto market shows signs of a sustained recovery, with Bitcoin (BTC) leading the charge. Bitcoin's price has surged by 3.5% to $46,254.46, marking its highest price level in weeks.
This improvement accelerates transaction fees and associated network fees. This article is all about the top 7 layer 2 coins
Investing in the crypto market can be very lucrative to investors but the extremely volatile nature of the sector demands resilience, the ability to catch new trends in budget cryptos, and a wit to identify solid projects both for short-term and long-term goals. This year started on a positive symphony amid the hype surrounding the
Pyth token (PYTH), ImmutableX (IMX), and Chainlink (LINK) saw remarkable gains within the previous seven days, printing double-digit surges. The trio experienced increased social media dominance. Sidelined investors might join the craze, translating to potential FOMO-fueled volatility in the upcoming sessions.
Crypto Price Prediction: The cryptocurrency market has maintained a stable posture this week, with the majority of significant coins experiencing little change in their trading patterns. This consolidation period following a notable upsurge in January end indicates that investors are attempting to sustain the higher valuation levels.
Here's a summary of the price predictions of projects with token unlocks this month.
The platform aims to offer developers a more scalable and secure, low-fee platform to enhance the development of futuristic Web 3 games.
