Bittensor

Akash Network

AI Crypto

AIOZ Network

Brett (Based)

<ul>
  
 <li>Bittensor (TAO) leads the surge with a 33.12% increase, highlighting the strength of AI-focused cryptocurrencies.</li>   
 <li>Despite a 24-hour surge, all five highlighted cryptocurrencies experienced major declines over the past week.</li>   
 <li>Market crash factors include recession fears, geopolitical tensions, and unwinding positions, impacting overall crypto performance.</li> 
</ul>   
<p>The crypto market is experiencing notable volatility, with certain coins showing substantial <a href="https://cryptonewsland.com/key-crypto-moves-signal-bitcoin-bull-cycle/">gains despite broader weekly downturns</a>. Over the past 24 hours, five cryptocurrencies have surged, highlighting the most hyped narratives of this cycle.</p>   
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   https://twitter.com/TheCryptoLark/status/1820739100913103088 
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<h2 class="wp-block-heading" id="h-surge-in-top-coins"><strong>Surge in Top Coins</strong></h2>   
<p>Bittensor (TAO), Akash Network (AKT), Brett (Based) (BRETT), Ondo (ONDO), and AIOZ Network (AIOZ) have led the bounce. TAO, an AI-focused coin, rose 33.12%, bringing its price to $258.57. AKT, linked to decentralized infrastructure, increased by 33.20%, reaching $2.67.&nbsp;</p>   
<p>Memecoin BRETT saw a <a href="https://coinmarketcap.com/currencies/based-brett/">31.31% rise</a>, now priced at $0.09636. ONDO, dealing with real-world assets, climbed 25.35% to $0.7486. Finally, AIOZ, another decentralized infrastructure coin, grew 25.70%, now valued at $0.4889.</p>   
<h2 class="wp-block-heading" id="h-market-caps-and-volatility"><strong>Market Caps and Volatility</strong></h2>   
<p>Despite the 24-hour surge, these cryptocurrencies have faced notable declines over the past week. TAO’s market cap stands at $1.86 billion, making it the largest among the five. However, it dropped 20.31% over the past seven days.&nbsp;</p>   
<p>AKT, with a market cap of $659.87 million, fell 15.94% in the same period. BRETT’s market cap is $954.99 million, yet it saw a 29.72% weekly decline. ONDO, valued at $1.04 billion, decreased 24.52%. AIOZ, the smallest with a $543.93 million market cap, declined 23.58%.</p>   
<h2 class="wp-block-heading" id="h-market-crash-factors"><strong>Market Crash Factors</strong></h2>   
<p>Several factors contributed to the <a href="https://cryptonewsland.com/why-crypto-market-crashed-and-btc/">recent market crash</a>. Decreasing odds of a Trump presidency, recession fears, and a stock market correction have impacted the market.&nbsp;</p>   
<p>Additionally, geopolitical tensions, the Yen unwinding, and Jump unwinding positions played roles. Gox distributions and recent pumps trapping fresh longs further exacerbated the situation. Altcoin dispersion added complexity, creating a perfect storm for the crypto market.</p>   
<p>These developments indicate a potential short-term rally, despite the broader weekly downturns.&nbsp;</p>   
<h4 class="wp-block-heading" id="h-read-also">Read also</h4>   
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links">
  
 <li><a href="https://cryptonewsland.com/green-scenes-for-bittensor-tao-and-stacks-stx-but-rollblock-rlbk-head-for-higher-hills-with-community-owned-casino-sharing-proceeds/">Green Scenes For Bittensor (TAO) and Stacks (STX) But RollBlock (RLBK) Head For Higher Hills With Community Owned Casino Sharing Proceeds!</a></li>   
 <li><a href="https://cryptonewsland.com/rndr-surpasses-tao-in-market-cap-taking-the-ai-coin-throne/">RNDR Surpasses TAO in Market Cap Taking the AI Coin Throne</a></li>   
 <li><a href="https://cryptonewsland.com/ai-crypto-revolution-top-4-altcoins-set-to-transform-your-investment-portfolio/">AI Crypto Revolution: Top 4 Altcoins Set to Transform Your Investment Portfolio</a></li>   
 <li><a href="https://cryptonewsland.com/investors-speculate-if-xrp-etfs-are-next-rollblock-tipped-for-crypto-top-20-surpassing-bittensor-tao/">Investors Speculate If XRP ETF's Are Next, Rollblock Tipped For Crypto Top 20 Surpassing Bittensor (TAO)</a></li>   
 <li><a href="https://cryptonewsland.com/nakamoto-games-forges-strategic-partnership-with-aioz-network/">Nakamoto Games Forges Strategic Partnership with AIOZ Network</a></li> 
</ul> 
<p>The post <a href="https://cryptonewsland.com/crypto-market-sees-5-coins-surge/">Crypto Market Sees 5 Coins Surge Despite Major Weekly Declines, Bittensor (TAO) Leads</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Crypto Market Sees 5 Coins Surge Despite Major Weekly Declines, Bittensor (TAO) Leads

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