Market recovers: Cryptocurrencies with at least 10x gains after Bitcoin halving

After the halving of the Bitcoin, which took place on April 19, the cryptocurrency market began to recover. After the 4th halving, economists put forward stunning price predictions for the Bitcoin, but the asset is currently trading at a 1.7% rise. leader cryptocurrency hovered around $65,000 with this modest rise, while altcoins exhibited a rise between 4 and 20 percent in the early trading hours of the day. While it was wondered whether the acquisition pressure would continue in favorable market conditions, the recovery trend in the market created an optimistic atmosphere for many investors.

These altcoins rose between 5 and 7 percent

With leader altcoin Ethereum, major cryptocurrencies in the altcoin market gained between 4 and 10 percent. Ethereum has rallied 3.52% to back above $3,100 and is trading at $3,173 at the time of writing. In addition, Solana is up 6 percent at $150. Its Ethereum competitor, SOL, which has made a series of improvements by overcoming network congestion, is moving in a rise tendency.

The price of XRP, which moved in the $0.50 region support level psychologically, increased by 4.24 percent on the day, extending its weekly gain to over 7 percent. Cryptocurrencies such as Avalanche (AVAX), Polkadot (DOT), Chainlink (LINK) have recovered over 5%. However, Polygon, which rose by 7 percent, continues its steady growth by exhibiting an increase in the number of active users.

AI cryptocurrencies continue to grow 10x

After the Bitcoin halving, the cryptocurrency industry that showed the most rise in the last 24 hours was artificial intelligence tokens. The cryptocurrency market cap of AI tokens rose by over 7% to over 37 billion. The top gainers in the sector, whose trading volume increased by 16 percent, were NEAR, RNDR, GRT, THETA, FET, AGIX.

These assets, which have increased between 7 and 10 percent, have become an important choice for the upcoming altcoin season, indicating that they are the choice of more investors with their growing market volume

Meme coins were the biggest gainers

The breast coin sector, which showed rapid rise in the last 24 hours, showed a growth of 12 percent. Among the fastest-rising assets are popular assets such as PEPE, SHIB, FLOKI, and WIFI. PEPE price rose 20% to $0.000006162. With an increase of 24 percent, FLOKI achieved a 152 percent rise in trading volume. The meme coin, which is gaining momentum with market optimism, is expected to take another 0 out of its price.

Another meme coin that rose the most was BONK. The price of the asset, which has gained 40% in the last 24 hours, has risen to $0.00002099. The trading volume of the asset, which is among the cryptocurrencies gainer 100x, has increased by over 300 percent.

The information in the content of the article is for informational purposes only. It does not constitute any investment advice. The author and are not responsible for your profit or loss arising from the investments you make. Investment is ultimately based on many foundations such as knowledge, experience, research and personal decisions.

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