Top 5 Altcoins by Alt Rank: KLAY Leads with 23.1% Gain
Top 5 Altcoins by Alt Rank: KLAY Leads with 23.1% Gain
The cryptocurrency market has seen significant movement in altcoins, with Alt Rank highlighting the top 5 performers. Klaytn (KLAY) emerges as the best-performing altcoin, posting an impressive 23.1% price gain over the last 24 hours. SushiSwap (SUSHI) follows closely with a 9.4% increase, while Elrond (EGLD), Aave (AAVE), and Synthetix (SNX) round out the top 5 with gains of 3.9%, 3.7%, and 3.7%, respectively.
Price Gains and Trading Volumes
KLAY's strong performance is further underscored by its 24-hour trading volume, which surged by $303 million. SUSHI saw a notable increase of $104 million in its trading volume. EGLD, AAVE, and SNX also experienced significant volume growth, with increases of $31.9 million, $143 million, and $39.1 million, respectively.
Current Price Levels
At press time, KLAY is trading at $0.179, while SUSHI is priced at $1.40. EGLD stands at $57.48, AAVE at $86.35, and SNX at $2.29. These price points reflect the altcoins' strong momentum in the market.
Ethereum's Performance
Ethereum (ETH), the largest altcoin by market cap, has also shown positive movement. ETH's price has risen by 2.24% over the last 24 hours, reaching $1,339.60. This upward trend has also improved its weekly performance, with ETH now showing a 2.16% gain over the past 7 days.
The Alt Rank index, which combines price performance relative to Bitcoin (BTC) and social activity indicators, continues to be a valuable tool for identifying top-performing altcoins in the dynamic cryptocurrency market.
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