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While Bitcoin Dropped to $62,000, This Solana-Based Altcoin Had an Incredible Increase!

source-logo  en.bitcoinsistemi.com 29 April 2024 13:41, UTC

While Bitcoin, the leading cryptocurrency, fell to $ 62,000, the weak outlook continues in altcoins.

However, while some altcoins differentiated positively from the market and attracted attention with their rise, the good news from the leading cryptocurrency exchange ByBit enabled Dogwifhat (WIF) to experience a major breakthrough.

At this point, ByBit announced that it will list Solana (SOL)-based mem token WIF on the spot platform.

An interesting thing happened with the WIF price after this listing and the WIF price soon exceeded $40.

However, this rise was short-lived and it immediately fell to its normal level of $2.7.

Even though we watch a boring board in Bitcoin, we see that some altcoins can differentiate positively from the market.

While there were sudden price fluctuations in the WIF price, Helium (HNT) and Lido DAO (LDO) challenged the market with their rise. At this point, HNT increased by 14%, while LDO increased by 4.44%.

The “fear and greed index” calculated by the popular analysis company, which tries to measure the emotional reflexes of cryptocurrency investors, based on the trends of market volatility, market volume acceleration, social media interest, Bitcoin dominance chart and types of research on cryptocurrencies on the internet, is today 67 out of 100. Greed was calculated in points.

*This is not investment advice.

en.bitcoinsistemi.com