While the global crypto market is experiencing a decline with Bitcoin dropping below $94k, several cryptocurrencies have experienced significant price surges, with Alpha Quark (AQT) leading the pack with an astonishing 220.6% increase within the last 24 hours.
Other altcoins among today’s top gainers include STRIKE, IOST, and ARK, which have seen significant gains.
Alpha Quark (AQT) surges to new heights
Alpha Quark (AQT) has witnessed an unprecedented surge, jumping from a 24-hour low of $1.20 to a high of $4.40, closing at $3.90.
This represents a staggering 220.6% increase in just one day.
Over the past week, AQT has shown a 239.0% rise, indicating strong momentum.
The reasons behind AQT’s meteoric rise can be linked to a surge in BNB NFT activity on the Alpha Quark platform.
Recently, Alpha Quark announced the Assembly of Gods NFT collection on the heels of another collection dubbed Matrix Plus Box NFT collection.
AQT operates within the Alpha Quark ecosystem, which focuses on integrating traditional financial markets with the crypto space through intellectual property-based NFTs and metaverse experiences.
This niche has attracted significant attention, particularly with the growing interest in digital assets and virtual worlds.
The recent launch of an NFT marketplace and the project’s commitment to security through smart contract audits might have further boosted investor confidence, driving the price up.
Strike soars with a 142.5% increase
Strike cryptocurrency has not been far behind, soaring by 142.5% in the last 24 hours, reaching a price of $18.75 from a range between $7.56 and $23.65.
Over the past week, Strike has seen a 137.8% increase, showcasing sustained interest.
The surge in Strike could be attributed to its role in the Decentralized Finance (DeFi) sector, where it’s used for various financial services.
The high 24-hour trading volume of over $2.5 billion suggests robust trading activity, possibly fueled by positive developments or partnerships within the DeFi space.
The Total Value Locked (TVL) of $12,664,621 also indicates that there’s substantial capital flowing into its ecosystem, which might be driving speculative investment.
IOST up by 19% in a day
As AQT and STRIKE witness three-digit gains, IOST has shown a more moderate but still significant rise of 19.6% in the last 24 hours, with its price moving from $0.006438 to $0.007817.
Over the last week, IOST’s increase stands at 14.9%, reflecting steady growth.
IOST’s blockchain is known for its scalability and high transaction throughput, which could be attracting developers and users looking for efficient blockchain solutions.
The current IOST price increase might be due to new project announcements or partnerships that enhance its utility or visibility in the blockchain community.
IOST’s market cap and trading volume suggest a healthy ecosystem with potential for future growth as blockchain technology sees wider adoption.
Ark climbs 15% amid market gains
Ark has climbed by 15.21% in the past day, with its price reaching $0.6879 from a low of $0.5742 to a high of $0.7112.
This cryptocurrency has seen its market cap increase by 15.22% within the same period.
Ark’s rise could be attributed to its focus on interoperability between blockchains, aiming to make blockchain technology more accessible and user-friendly.
The significant volume-to-market cap ratio (226.73%) suggests that there’s considerable interest in Ark, possibly driven by new developments or enhancements in its platform that promise to bridge different blockchain ecosystems.
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