Altcoins Surge Despite Bearish crypto Market
On Sunday, several altcoins experienced significant price increases, even as the overall crypto market remained slightly bearish. The total market cap is now at $2.7 trillion, down 0.63% in the past day.Bitcoin and Ethereum are trading lower,with BTC below $83,000 and ETH down 2.2% to $1,837.
FunToken (FUN) led the charge, doubling in value over 24 hours. it’s now at $0.006304,up from $0.003132. This surge continues a week-long rally,with FUN climbing nearly 200%. However, there’s no clear reason for this rise. FUN’s price action has caught the attention of traders, despite no major news or partnerships. It’s one of the top gainers on Binance.Analysts speculate the rise could be due to high trading volume.
MMX and Enzyme (MLN) also saw considerable gains. FUN’s price jump has no apparent cause, making it a mystery. Analysts on social media suggest the token could double again. MMX followed with a 79.9% increase, reaching $0.5586.This comes after a period of the
