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Altcoin river stands out in lukewarm weekend market
Altcoin river stands out in lukewarm weekend market
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Crypto Prune > Market > Altcoin river stands out in lukewarm weekend market
Market

Altcoin river stands out in lukewarm weekend market

3 hours ago 3 Min Read

River, a stablecoin chain abstraction protocol cryptocurrency, has been one of the few notable news stories on the market this Saturday, March 14th, rising more than 12% in one day and nearly 50% in one week.

Only the DeXe protocol, the crypto asset of a project that defines itself as the “Hammurabi Code of DAOs (Decentralized Autonomous Organizations),” follows at a height above 10th place. The remaining coins in the top 100 are unmemorable, showing either timid gains or slight price declines.

Among the timid upstarts are Mantle (MNT), Trump Official (TRUMP), 9 percent and 8 percent increase. Quant (QNT), Hyper Liquid (HYPE) and cryptocurrency trading OKX, Up 3-4 percent in the last 24 hours During this CriptoNoticias market acquisition.

The worst performing currency in this top 100 is Pi, the Pi network token. According to CMC AI, this was due to “selling pressure due to a lack of liquidity due to a 44% decline in trading volume, which flooded the scarce order book.” Next up is Sky (SKY), a cryptocurrency renamed from the previous Maker Dao project.

The rest are cryptocurrencies such as Ether.fi (ETHFI), Stable (STABLE), Curve DAO Token (CRV), and Jupiter (JUP). falls between 3 and 4 percent. Among the most important at the top, Hedera (HBAR), Polkadot (DOT) Near Protocol (NEAR), Cardano (ADA), and Algorand (ALGO) have shown similar reticence on the downside. The loss will be close to 3%.

Ethereum, Chainlink, Dogecoin, Litecoin, Bitcoin, BNB include Invisible flaws in the quote On the afternoon of March 14th this year.

As we also reported, the war in Iran could impact multiple markets. However, Bitcoin remains strong in the $70,000 region, leading to optimism about the role of crypto assets in the exigencies of war. BTC is theoretically still trending downward, which is not good news for altcoins, but altcoins are absorbing some of this momentary strength from Bitcoin.

See also  Thai banks may soon retain the crypto, SCB10X CEO signal sandbox push

Thanks to this power borrowed from the world’s largest crypto asset, war incidents have not been as bloody with low capitalization currencies. That’s why this weekend’s market is There is no memorable movement, either up or down.

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