Top Altcoins That Rallied Alongside Bitcoin's Surge to $35K

Various altcoins have followed suit, displaying impressive gains alongside Bitcoin’s rally.

Summary:

Bitcoin surged, briefly hitting $35,000, sparked by growing excitement about Bitcoin ETF developments.
Notable altcoins rallied in parallel with Bitcoin’s surge, attracting investor attention.
MINA, utilizing ZK cryptography, surged 102% and traded at $0.841.
UNFI, driving the Unifi Protocol for cross-chain DeFi, saw a 37% rise, now trading at $8.72.
Bluezelle (BLZ), delivering scalable data services, surged by 30%, currently trading at $0.2474.
PEPE Coin ($PEPE), a popular meme coin, witnessed a 34.25% surge, priced at $0.00000098.
Injective, designed for the finance industry, rose 20%, currently trading at $12.45.
Other altcoins like LINK, SOL, and ADA also displayed significant double-digit increases.

The cryptocurrency landscape is witnessing a resurgence as Bitcoin (BTC) continues to rise. On Monday, Bitcoin’s price catapulted, momentarily reaching the $35,000 milestone, driven by a surge of optimism surrounding potential developments in the Bitcoin ETF arena. Breaking through this significant barrier for the first time since May 2022, BTC showcased a remarkable gain in the past 24 hours.

According to data from TradingView, the upward trajectory of Bitcoin commenced on October 23, with the price surging over 10% from $31,000 to breach the $34,000 threshold. In a matter of hours, Bitcoin continued its ascent, reaching a peak of $35,300. As of the time of writing, the price of Bitcoin stands at $34,448.

It is worth noting, however, that some prominent altcoins have rallied alongside Bitcoin’s soaring surge, catching the attention of cryptocurrency investors and enthusiasts alike. Here, we spotlight some standout altcoins.

MINA

Mina is a proof-of-stake blockchain, employing zero-knowledge (ZK) cryptography to achieve an exceptionally small size. This innovative data compression technique utilizes advanced mathematics to validate transactions with minimal metadata. As of writing, Mina has surged an astounding 102% in the past 24 hours and is trading at $0.841.

MINA 24-hr price chart (Source: CoinMarketCap)

UNFI

UNFI is an Ethereum token that drives the Unifi Protocol, a platform for creating cross-chain decentralized finance (DeFi) applications. UNFI holders can propose and vote on protocol upgrades while staking their tokens to earn rewards. This decentralized finance approach, based on a decentralized autonomous organization (DAO), seeks to introduce cutting-edge technology to the financial realm. UNFI has seen a remarkable 37% rise in the past 24 hours, with a current trading price of $8.72.

Bluezelle

Bluezelle (BLZ) is a decentralized blockchain-based ecosystem designed to offer scalable data services. Its primary objective is to provide the tools and technical capabilities necessary for efficient data storage and management. With a focus on blockchain-based databases, Bluezelle has surged by 30% in the past 24 hours, currently trading at $0.2474.

BLZ 24-hr price chart (Source: CoinMarketCap)

PEPE

PEPE Coin ($PEPE) is a prominent meme coin operating on the Ethereum blockchain. Since its public launch in April 2023, it has quickly become one of the most traded cryptocurrencies, achieving remarkable milestones in a short time. Trading at $0.00000098, PEPE has witnessed a 34.25% increase in value over the last 24 hours.

Injective

Injective is a blockchain purpose-built for the financial industry. It serves as an open, interoperable layer-one blockchain, enabling next-generation decentralized finance (DeFi) applications, including decentralized exchanges, prediction markets, and lending protocols. Injective offers financial infrastructure primitives for DeFi applications, such as a fully decentralized on-chain orderbook that resists miner extractable value (MEV). With full on-chain support for various financial markets, Injective is trading at $12.45, reflecting a 20% increase in value over the past 24 hours.

INJ 24-hr price chart (Source: CoinMarketCap)

Unprecedented Crypto Momentum

The recent surge in Bitcoin’s price has triggered a wave of enthusiasm across the cryptocurrency market, with numerous altcoins experiencing substantial gains in tandem with the leading digital asset.

Notably, altcoins such as LINK, SOL, and ADA have also demonstrated impressive double-digit price increases.

Moreover, with a notable 8.22% rise in the total market capitalization of meme coins and a remarkable 83% surge in trading volume over the past 24 hours, the meme coin category asserts its influence and presence in the evolving crypto market.

Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Disclaimer: The content in the above article is a press release, provided by a third party. Readers should do their own research before interacting or engaging with the mentioned companies and/or any related services. BSC News is neither directly nor indirectly responsible for any damage or loss caused or alleged to be caused by or in connection with the use of any content, goods or services mentioned in the above article.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Disclaimer: This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.

Disclaimer: This article is exclusive BSC News Premium Content. Premium content is viewable without a membership for a limited time. After the limited time period expires, readers will need to either subscribe or hold a BSC News NFT to view Premium Content. Visit the BSC News NFT website, Discord, and Twitter to learn more about becoming a Premium member.

Disclaimer: The content of this piece is the opinion of the writer. Nothing in this article is intended to constitute financial advice. The content of this article is intended for entertainment and educational purposes only. Investing in cryptocurrency carries a high degree of risk. Capital is at risk, and returns are never guaranteed. You should always do your own research.

Disclaimer: Disclaimer: This article is written by a visiting author. Opinions herein are those of the visiting author. Nothing in this article is intended to constitute financial advice. The content of this article is intended for entertainment and educational purposes only. Investing in cryptocurrency carries a high degree of risk. Capital is at risk, and returns are never guaranteed. You should always do your own research.

Author

Soumen Datta

Soumen is an experienced writer in cryptocurrencies, DeFi, NFTs, and GameFi. He has been analyzing the space for the last several years and believes there is a lot of potential with blockchain technology, even though we are still at an early stage. In his spare time, Soumen enjoys playing his guitar and singing along. Soumen holds bags in BTC, ETH, BNB, MATIC, and ADA.