Big Leap For These Altcoins On Binance! “Zilliqa (ZIL) and Others….”

Bitcoin (BTC) Cryptocurrency market, in particular, has been painted green. Bitcoin increased by 1.85% in the last 24 hours to $ 17,253, while the biggest altcoin Ethereum (ETH) It rose 4.52% to $1,319.

bitcoin and Ethereum In addition, many altcoins experienced a rise. Among them, there are some altcoins that differed positively from the increase in the market and recorded increases of close to 50%.

one of the popular metaverse altcoin Zilliqa (ZIL) While it has increased by 45.53% in the last 24 hours, big jumps have been seen in other tokens in the metaverse ecosystem.

Big jump in transaction volume BELL The price was $0.0256.

Apart from Zilliqa, there are other altcoins that are posting gains. One of them is the popular metaverse token. The Sandbox (SAND) it happened.

SAND is up 15.06% in the last 24 hours and 28.94% in the last 7 days. In addition, SAND, which has experienced an increase in transaction volume, continues to be traded at $ 0.5224.

Another metaverse token besides Zilliqa and The Sandbox ApeCoin (APE) experienced a rise.
APE, 12.09% in the last 24 hours; In the last 7 days, it has increased by 20.94%. APE is trading at $4.68 at the time of writing.

Will the Rising Continue?

Cryptocurrency Analyzing the rise in prices, experts think that the slowdown in wage growth and the decline in service sector activity in the US indicate that the Fed is increasing interest rates less aggressively, which are among the main reasons for the rise of the cryptocurrency market.

In addition, experts said that even though the prices of cryptocurrencies fell a little after the FOMC minutes were published, they started to rise afterwards. bitcoin and EthereumIt continues to trade solidly above key support levels.

closely related to the increase in the Fed’s interest rates and inflation data from the USA. BTC and we will be watching to see if the rise in crypto prices will continue.

*Not investment advice.