AltcoinAmidst Market Revival, Three Altcoins Garner 24-Hour Gains Exceeding 10%

Amidst Market Revival, Three Altcoins Garner 24-Hour Gains Exceeding 10%

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JasmyCoin, Arweave, and ORDI emerged as the top three gainers in the cryptocurrency market today. Over the past 24 hours, the market cap has increased by 0.97%. This bullish trend has been sustained for the past two weeks, with Bitcoin surging by 0.54% and Ethereum witnessing a 1.06% increase. The overall market cap has also seen a growth of 0.97% in the last 24 hours. Notably, meme coins related to Donald Trump have experienced a significant price rally following the guilty verdict.

According to CMC data, the top gainers in the past 24 hours are JasmyCoin (JASMY), ORDI (ORDI), and Arweave (AR).

JasmyCoin (JASMY) has observed a remarkable surge of 20.36% in the past 24 hours. Jasmy, often referred to as the Japanese Bitcoin, is a Japan-based platform that develops Internet of Things (IoT) platforms. The Ethereum-based token, JasmyCoin, has been on an upward trend since the beginning of the week and is currently the leading gainer in the market. It is currently trading at $0.030968, with a weekly increase of 42.80%. The token hit its weekly high at $0.032 on May 31 before experiencing a slight dip to $0.30. With a monthly performance of 82.77%, JASMY is currently in a bullish trend.

Arweave (AR), the native token of the decentralized platform Arweave, stands second among the top gainers. It has seen a 17.77% increase in the past 24 hours and is currently trading at $44.01. Arweave has been on a bullish trend since May 30, following a recent price dip. The coin started the week at $40, with price fluctuations bringing it to a weekly low of $37.28 on May 30. However, it has shown a sustained upward trend in the last 24 hours. The Arweave platform is known for ensuring data permanence using a decentralized approach within Web3.

ORDI (ORDI), the token of the ORDI protocol, is the third top gainer of the day with a surge of 13.89%. It is currently trading at $49.36, reaching its weekly high of $51.63 during Asian midday. Over the month, the ORDI coin has exhibited increased volatility. The long-term 21-day SMA stands below the current trading price, indicating a bullish trend for ORDI. The token has seen a significant yearly increase of 488% in market price. Additionally, the Ordinals Protocol records inscriptions of Satoshi, the smallest unit of Bitcoin. ORDI coin serves as the token for the protocol, bringing Non-Fungible Token (NFT) capability to the Bitcoin Blockchain.

In other news, the listing of BEAM on Upbit has propelled its price 40% higher, with the cryptocurrency aiming for an all-time high.

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