Bitcoin (BTC) registered a new all-time high of $118,287.46 on July 11, an increase of 3.3% over the last 24 hours, while major altcoins are leading profits during the same period.
Ethereum (ETH) violated the $3,000 threshold for the first time since February 2nd, and is now trading at $2,987.55, up 6.1% daily.
XRP’s daily profit is 10.4%, with the token reaching the price of $2.75. Cardano (ADA) also added double-digit profits in the last 24 hours, with the ADA sitting at $0.73 following a 12% leap.
Dogecoin (Doge) currently holds the $0.2086 level and is another major Cap Altcoin with significant profits, up 12.6% over the last 24 hours.
BNB is one of the few major altcoins that have failed to significantly outweigh Bitcoin. However, the tokens rose 3.1% yesterday, while Solana (Sol) rose 2.4% to $164.77 as of press time.
Hyperquid (hype) registered its highest ever-growing record high at $46.45 at press time, up from a price increase of 8.3%.
Collecting the robust profits of Major Cap Altcoin, Stellar (XLM) ran 24.3% in 24 hours, stealing the spotlight at a price of over $0.37.
Strong performance has resulted in more than $1 billion in liquidation over the last 24 hours. According to Go to Coinglass data.
AI and NFT applications lead the execution
Apart from the major cap altcoins, the sectors where the most important daily profits are the assets associated with artificial intelligence (AI) and non-fan token (NFT) applications.
Native tokens for NFT applications are up 16.9%, according to Artemis. This performance has been heavily affected by Pudgy Penguins (Pengu) tokens, surged 23% in 24 hours and is currently on sale for $0.0234.
The AI tokens were heavily driven by a jump of Story (IP) 32%, adding 10.9% on average gain within the same period.
The Memecoin sector showed a 9% increase in average price, while MemeCore jumped 82,5%, leading the pack.