As the price of SEND and dForce rise to triple digits, Bitcoin is showing clear signs that it is struggling to reclaim $100,000.
The cryptocurrency market is showing signs of recovery after the recent crash. Ethereum (ETH), which dropped to $ 3,000, managed to rise above $ 3,400.
Bitcoin (BTC) has also made a slow comeback and prices are hovering around $97,000. Meanwhile, the community token called Send (SEND) on Solana (SOL) saw an increase of over 360% in price.
SEND 1D Price Chart from CoinGecko
SEND price rose from a 24-hour low of $0.01468 to a high of $0.1626 and then dropped to its current level. The coin has also increased by over 4,700% in the last 30 days.
The SEND team has released the Solana agent kit, an open source toolkit for connecting AI agents to Solana. This development may be a reason for the price increase.
Introducing the Solana Agent Kit, an open-source toolset for connecting AI agents @solana.
Now, any agent using any model can autonomously perform 15+ Solana Actions such as swap, launch tokens, lend, zk airdrop, execute winks, and launch in AMM.
More 🧵 pic.twitter.com/R4IYlyAbvr
— SendAI (@sendaifun) December 20, 2024
The price of dForce, which ranks second in the list of top earners in the last 24 hours, increased by over 160%. The price of the cryptocurrency has increased by over 200% in the last 30 days.
Although there are no technical developments that could trigger the price increase, the only obvious development was the recent Optimistic winter campaign.
1D price chart from CoinGecko
Odos (ODOS) ranks third on CoinGecko’s top earners list. The project’s native token, ODOS, has increased by 90% in the last 24 hours.
The main reason for this increase was Binance’s announcement of the fourth project token group under the Binance Alpha initiative.
Binance Alpha is a new feature that shows tokens that can be listed on the exchange. The most recent list included ODOS, which may help with his recent pump.
ODOS 1D price chart
The project also announced that it will soon be coming to Bybit, where the exchange hosts the Odos draw.