Manta Network

Bitcoin

Avalanche

Celestia

After a continuous decline in cryptocurrency prices across the landscape, the current situation appears to bring relief to investors, as overall cryptocurrencies are once again displaying strength. Notably, several altcoins, including Manta Network (MANTA), Avalanche (AVAX), Sui (SUI), and Celestia (TIA), emerged as top gainers on January 24, 2024. Manata Network surges 27%, becomes top gainer 
If we focus on the Manta Network in the last few days, it has garnered significant attention from investors. The main reason behind the substantial 25% price surge is attributed to MANTA’s recent listing on Bithumb and a recent airdrop.
It was observed that Manta Network’s Manta token surged to over $220 on Bithumb shortly after listing but quickly dropped below $1 due to significant selling pressure. Additionally, the Manta token experienced a surge of over 30% in the last seven days, rising from $2.32 to $2.86.
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Another notable altcoin that emerged as a top gainer on January 24, 2024, is the SUI token, which surged over 16% in the last 24 hours. It has gained considerable attention from investors not only on this day but also in the past few days, with a surge of more than 70% in the last 30 days. The primary reason for this significant price surge is the recent Total Locked Value (TVL) surpassing Bitcoin in TVL, following the approval of a spot Bitcoin ETF.
Following the SUI token, the next token that experienced a significant surge is Celestia (TIA), rising over 15% in the last 24 hours. The reason behind this substantial price surge is the distribution of 60 million TIA tokens through an airdrop. Looking at the TIA token’s performance over a more extended period, it has gained over 22% in the last 30 days, attracting continuous interest from investors and retailers. AVAX price jumps by 12% 
However, one token that impacted investors negatively is Avalanche (AVAX), experiencing a continuous fall of over 33% in the last 30 days, dropping from $47 to $27. Nevertheless, investors found relief on January 24, 2024, as it witnessed a significant price surge of over 12% in the last 24 hours, placing it among the top gainers.
Despite these top gainers, the world’s largest cryptocurrency, Bitcoin, also surged by more than 3.5% in the last 24 hours. However, traders and investors are not entirely bullish on Bitcoin, as its <a href="https://news.todayq.com/arthur-hayes-reveals-selling-solana-bonk-in-loss-predicts-new-bottom-for-bitcoin/" rel="noopener noreferrer nofollow">technical analysis indicates bearishness</a> over a longer time frame. Currently, BTC is trading near $40,240 and has experienced a downside momentum of over 7.7% in the last 30 days.
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MANTA jumps 27%, SUI up by 15% in much-needed relief rally

Todayq News

Alte articole publicate pe 24 ian. 2024

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