Bitcoin is collapsing, these altcoins are resisting: Which ones are at the top?

Despite Bitcoin (BTC) falling below 56 thousand dollars, which altcoins managed to remain strong?

The crypto currency market is performing below bullish expectations. Investors are concerned about the leading crypto currency BTC losing nearly 6% of its value since September 1st.

Which altcoins have managed to stay strong in the cryptocurrency market dominated by gloomy weather?

These altcoins are resisting on the brink of destruction…

Tribe (TRIBE)

Tribe (TRIBE), the project behind the stablecoin named FEI, has managed to stand out with its decentralized finance (DeFi) efforts. TRIBE has risen by 14 percent in the last 24 hours.

According to CoinGecko data, TRIBE recorded a trading volume of $8.45 million in the last 24 hours. The market value of TRIBE exceeded $200 million.

Gomining Token (GOMINING)

Gomining (GOMINING), which offers users the opportunity to mine without physical mining infrastructure, became the second altcoin to make a mark on the day. The project, which digitizes Bitcoin hashrate through NFT method, recorded an 8.1% increase in the last 24 hours.

GOMINING reached a trading volume of $12.28 million in the last 24 hours, with a market value of $177 million.

Avail (AVAIL)

Avail (AVAIL), the Rollup project identified as a competitor to Dymension (DYM), surged by 5.2% in the last 24 hours, claiming the top spot. AVAIL, one of the newest coins of 2024, became the third highest rising altcoin of the day.

AVAIL, with a market value of 242 million dollars, recorded a trading volume of 9.45 million dollars in the last 24 hours.

Toncoin (TON)

Layer-1 blockchain Toncoin (TON), supported by Telegram, has risen by 4.3% in the last 24 hours, placing it at the top. TON, which has been going through challenging processes, stood out for its strong resilience.

TON, which recorded a trading volume of $510 million in the last 24 hours, has a market value of $12.15 billion.

Simon’s Cat (CAT)

Simon’s Cat (CAT), an important cat figure of BNBChain, managed to stay strong by achieving a 3.3% increase in the last 24 hours. CAT became the only memecoin among the top five altcoins that rose the most during the day.

CAT recorded a trading volume of 74 million dollars in the last 24 hours, reaching a market value of 154 million dollars.

This article does not contain investment advice or recommendation. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.