Markets
5 Altcoins Regaining All-Time Highs After Market Crash
After the recent market crash, the global crypto market is slowly heading towards recovery. Despite facing major obstacles, Bitcoin It is Ethereum are still struggling, while some altcoins have surprisingly become leaders, demonstrating resilience and strong recovery. Livepeer (LPT), Notcoin (NOT), Stacks (STX), Toncoin (TON) and Injective (INJ) stood out from the rest, delivering impressive performances despite general market trends.
1. Livepeer (LPT)
Livepeer (LPT) has made a comeback, showing significant growth of 16.62% over the past 24 hours and a steady increase of 4.99% over the past week. Priced at $24.44, Livepeer market capitalization increased to $800.66 million, driven by a trading volume of $140.3 million in the last 24 hours.
LPT’s strong presence in the market is emphasized by its circulating supply of 5,743,984 tokens. Investor interest in this video streaming network protocol has led to its remarkable recovery, positioning it as the best performer among altcoins.
2. Notcoin (NOT)
Notcoin (NOT) also stands out for its substantial recovery. Although there has been a slight drop recently, the token still managed to increase 10.64% in the last 24 hours alone, despite a 17.96% drop from the previous week.
With a price of $0.01801, Notcoin has a market cap of $1.85 billion and an impressive trading volume of $1.26 billion in the last 24 hours. The significant recovery of the token, despite having 70,000,681,661 NOT in circulation, demonstrates its strength and the market’s confidence in its future prospects.
3. Stacks (STX)
Stacks (STX) showed somewhat mixed performance, with a small increase of 7.46% the day before and a growth of 2.43% last week. Stacks is trading at a price of $2.32, giving it a total market capitalization of $3.4 billion and a 24-hour trading volume of $0.78 million.
Even with a small decrease, Stacks it still manages to maintain investor confidence, as shown by its circulating supply of 124,903,979 STX. The network’s emphasis on integrating smart contracts and decentralized applications into Bitcoin may have helped its partial comeback
4. Toncoin (TON)
TON was added to this lineup due to his strong recovery. Toncoin’s price of $7.59, which saw a 6.96% increase in the last day and a 3.78% increase in the previous week, demonstrates its robust position in the market. The market capitalization reached $18.47 billion, helped by a trading volume of $512.2 million in the last 24 hours.
The significant presence of 67,500,386 TON in the market is emphasized by its circulating supply, driven by its association with the Telegram Open Network, providing a special mix of security and scalability.
5. Injective (INJ)
Injective (INJ) completes the list of high-performing altcoins today. In the last day, the token has seen a growth of 6.44%, along with a notable increase of 15.69% in the past week.
Injective’s market capitalization is $2.83 billion, with a 24-hour trading volume of $337.16 billion, while its price is set at $30.26. With 11,100,904 INJ in circulation, this decentralized derivatives trading platform is making strong progress in the market, highlighting its potential for continued expansion.
Conclusion
Despite the gradual recovery of the overall cryptocurrency market, these altcoins have shown impressive resilience and recovery. Livepeer, Notcoin, Stacks, Toncoin and Injective (INJ) show the possibility of substantial recoveries in the cryptocurrency industry, offering a glimmer of optimism for investors navigating the volatile cryptocurrency market. As the market stabilizes further, these alternative cryptocurrencies could lead to a new period of growth and innovation in the cryptocurrency industry.