Altcoins Continue to Generate Profit in the Sideways Crypto Market
Date: 2023-09-20 Author: Dima Zakharov Categories: CRYPTO PAYMENTS
Some Altcoins Continue to Deliver High Returns
Against the backdrop of the sideways movement of the global cryptocurrency market, it is noted that some altcoins continue to bring significant profits to their investors. One of the bright examples is Toncoin (TON). Despite the price correction in the last 24 hours, TON still shows an increase of 30.3% over the week, rising to the 9th position in terms of market capitalization with a total value of $8.3 billion. It is important to note that such achievements have allowed TON to surpass Solana (SOL) and Tron (TRX) in the rankings.
Other Profitable Cryptocurrencies in the Market
Alongside TON, several other cryptocurrencies have demonstrated impressive growth. For example, Aave (AAVE) has risen by 18.64% in the last 7 days, reaching a price of $64.03 and having a total capitalization of $931.34 million. This growth is accompanied by active trading volume of $606.61 million.
Cryptocurrencies Beyond the Top 100 Are Also Growing
Cryptocurrencies outside the top 100 by market capitalization are also showing significant growth. For instance, WorldCoin (WLD) and Merit Circle (MC) have increased their quotes by 47.4% and 45.8%, respectively, over the past week. In the last 24 hours, they have also appreciated, trading at prices of $1.49 and $0.39, respectively.
STP and Ark Price Growth
The price of STP (STPT) has surged by 15% in the last 24 hours, with the cryptocurrency available for purchase at $0.055. Another notable performer is Ark (ARK), which has increased by an impressive 112.3% during the reporting period. The total token supply reached $109.88 billion, and weekly trading volumes exceeded $2.38 billion.
Overall, despite the sideways movement of the global cryptocurrency market, investors continue to find opportunities for profitable investments in various cryptocurrencies. It is noted that even in conditions of volatility, there is potential for the value growth of certain assets, making the crypto world an interesting choice for investments.
