Top 4 Altcoins to Drive Recovery Post-$1.7 Billion Liquidation
The post Top 4 Altcoins to Drive Recovery Post-$1.7 Billion Liquidation appeared on BitcoinEthereumNews.com.
The cryptocurrency market is experiencing renewed interest following a $1.7 billion liquidation event that significantly affected traders and market cap. Despite the setback, a recovery trend is emerging, with altcoins showing resilience and potential for growth. These four altcoins have captured investor attention, positioning themselves as strong candidates to lead the market rebound. As the crypto market shows signs of recovery, these four altcoins stand out for their growth potential and investor confidence. Positioned to lead the market resurgence, they highlight the industry’s ability to rebound, even after significant setbacks. 4 Altcoins Set to Lead Market Recovery After $1.7B Liquidation Blow Today, the crypto market faced a sharp downturn as Bitcoin (BTC) traded below $95,000, reaching significant lows. Major altcoins followed suit, hitting their weakest weekly levels. Investors closely monitor the situation, with some altcoins drawing attention for their performance amid the broader sell-off. Discover these four altcoins showing resilience. Bitget Token (BGB) Bitget Token (BGB) price is trading at $2.76, marking a 6% surge over the past 24 hours. This gain has positioned BGB as a leading altcoin driving market recovery. Over the past week, the token has surged by an impressive 77%, ranking among the top-performing cryptocurrencies. Launched in July 2021 as the utility token of the Bitget crypto exchange, BGB supports payments within its ecosystem. The current momentum suggests that BGB may soon surpass the $2.75 mark, nearing its all-time high of $2.95. If the rally holds, the token could further cement its status as a standout asset in the market recovery. Source: TradingView DexBoss (DEBO) DexBoss (DEBO) is capturing attention as its presale launches at $0.01, with a listing price of $0.0505. The token powers the DexBoss ecosystem, offering utility through a buyback-and-burn mechanism designed to reduce supply and increase scarcity. This deflationary model aims to…
Filed under: News - @ December 11, 2024 6:17 am