These 5 altcoins attracted attention with their short-term increase: Bull signal!

Bitcoin (BTC)Despite the withdrawal, which altcoins rose and gave hope for the bull period?

Bitcoin, which has had an unstable price structure for the last few days, has weakened to the $ 69,000 band, shaking the altcoins. While BTC was losing value on the one hand, it upset altcoin investors with the increase in dominance on the other hand. However, the purchasing power of some altcoins challenged the market and caused the parity to rise. So which are these altcoins?

1- Monero (XMR)

XMR, the well-known privacy-focused altcoin, has well resisted the market pullback. Despite the decline of BTC, XMR, which increased by 4.20 percent in the last 24 hours, managed to become the highest rising project of the day. If reserve comes to the fore, volatility may continue for XMR.

2- Tron (TRX)

TRX, the native token of the Tron network, has gained upward momentum after a long period. TRX, which showed a performance of 3.80 percent in the last 24 hours, gave confidence to both investors and its ecosystem.

3- Optimism (OP)

OP, one of the most valuable names in the Tier-2 category, experienced a 2.60 percent increase in the last 24 hours. OP, which is described as Arbitrum’s biggest rival, continues to attract attention with its upside price movements. The well-known altcoin may make a name for itself in a possible layer-2 bull.

4- Ethereum Classic (ETC)

ETC, Ethereum’s hardfork, managed to rise despite ETH losing value. ETC, which increased by 1.20 percent in the last 24 hours, differentiated itself from the course of the market and made its investors happy.

5- Stellar (XLM)

XLM, which fell silent after the 2021 bull, slowly started to show itself. The altcoin, known for a period that attracted attention with its separation from BTC and ETH, recorded a 0.80 percent increase in the last 24 hours. With the sharp pricing of XRP, it looks like there will be activity in XLM.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making decisions.

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