- TAO has skyrocketed 12% in the past 24 hours while W rose 9.26%.
- ETHW rose 7.14% while PYTH rose 5.83% in the past 24 hours.
- APT has remained sluggish in the past 24 hours but is up 54.46% in the past month.
The crypto market rebounded in the past 24 hours, with Bitcoin (BTC) recapturing the $62,000 price level. BTC surged 0.83% over the past day, while Ether (ETH) reclaimed $2,400, jumping 1.09%. The total digital asset market cap also rose to $2.16 trillion.
Some of the top-performing altcoins included Bittensor (TAO), Wormhole (W), EthereumPoW (ETHW), Aptos (APT), and Pyth Network (PYTH). These five altcoins show strong potential for continued short-term gains.
CoinMarketCap data shows TAO is up 12.03%, trading at $588.16, with its trading volume increasing 21.00% to $213 million. TAO’s market cap stands at $4.33 billion, making Bittensor the 23rd-largest digital asset.
Wormhole (W) also rallied, surging 9.26% to $0.3523, with a 61.55% increase in trading volume to $247 million. The cryptocurrency’s market cap stands at $908 million, ranking 73rd on CoinMarketCap. ETHW jumped 7.14% to $3.23, with a 14.70% rise in trading volume and a market cap of $348 million.
Aptos (APT) rose 0.84% to $9.03 but remains 54.45% below its all-time high of $19.90, reached in January 2023. However, APT is up around 12.06% in the past week and 54.46% in the last 30 days.
Read also: Aptos and SUI: Outperforming the Crypto Market
PYTH Towards $0.4 Mark
According to CoinMarketCap data, the PYTH token is currently struggling to break above the $0.4 price level, which is a major resistance zone for the altcoin. Since June this year, PYTH has been unable to retain price action above $0.4 and is currently consolidating between $0.4 and 0.24 price levels.
In the past 24 hours, PYTH has skyrocketed 5.83% and is trading at $0.3354 while nosediving 5.76% in the last seven days. In the past 30 days, PYTH has surged by a massive 24.80% but is down a substantial 48.79% since October 2023.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
, Wormhole (W), and EthereumPoW (ETHW) surged 12%, 9.26%, and 7.14%, respectively, in the past 24 hours.){kind=link}