cryptocurrency industry’s leading data and research company kaikois the best performer in the mini rally that started at the end of 2023 and continues in 2024, although it experienced a significant correction in between. altcoins explained.
As Bitcoin surpasses $53,000 in this mini rally KEight altcoins have seen a net trading volume of $8 billion since November 2023, according to aiko data.
Stating that at this point, eight altcoins led the mini bull rally that started in November 2023, Kaiko pointed out that some of these altcoins were launched in 2023 or earlier this year.
Kaiko these altcoins Bittensor (TAO), Dymension (DYM), Pyth Network (PYTH), Sui (SUI), Aptos (APT), Jupiter (JUP), Sei (SEI) and Celestia (TIA) said that.
“Some of the best-performing tokens of this mini bull rally were launched in 2023 or early this year.
“Approximately $8 billion in new tokens have been registered in spot volume each week since the beginning of the year.”
Of these altcoins JUPwas recently launched on January 31 by Jupiter, a Solana DEX that provides the necessary liquidity infrastructure for the Solana ecosystem.
An independent Layer 1 blockchain focused on security and scalability that fosters growth within a decentralized network and developer ecosystem. Aptos was launched last year and APT The price has increased greatly.
The largest and fastest growing first-party oracle network providing real-time market data to financial dApps on blockchains Pyth Network (PYTH)reached ATH on February 14, following its debut in January.
Bittensoris an open-source protocol that powers a decentralized, blockchain-based machine learning network and enables the development and implementation of artificial intelligence models. As you may remember, Ethereum founder Vitalik Buterin cited TAO as an example in an article, which caused a huge increase in the price.
Enabling interoperability and communication between different blockchain ecosystems Dymension It was listed by Binance in recent weeks. DYM The price had reached ATH on February 14.
*This is not investment advice.
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