Crypto News – According to an X post by Santiment, a number of altcoins have increased in value but the market leader Bitcoin (BTC) is still below the $35K threshold.
Rise Alarm in Altcoins: How Long Will BLZ, SNT, and SUSHI Maintain Their Rise?
The blockchain intelligence company disclosed in its report that the altcoins that benefited most from the earnings made by BTC were Bluzelle (BLZ), SushiSwap (SUSHI), and Status (SNT).
Santiment pointed out that during the previous week, SUSHI’s price surged by more than 82%. A weekly rise of more than 39% was recorded by BLZ in the meantime. With a stunning 108+% increase over the previous seven days, SNT was the star of the show.
24 Hour Report of Altcoins
CoinMarketCap reported at the time of publication that traders were most likely taking profits, as SUSHI’s price took a 24-hour losing streak. At $1.08, the altcoin was then being traded.
However, investors continued to push the altcoin’s price higher, with BLZ rising by more than 3.8%. As a result, the cryptocurrency’s value rose to $0.2755. BLZ fell to its current level after reaching a high of $0.2956 over the past day.
SNT, meanwhile, showed its outstanding performance with a gain of 26.37%. At the time of publication, the cryptocurrency was valued at $0.06145. In addition to the price increase, SNT’s daily trading volume also increased by 216%. Then, its volume reached $416,714,995.
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