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COINTURK NEWS > Altcoin News > Altcoins Surge as Bitcoin Stabilizes
Altcoin News

Altcoins Surge as Bitcoin Stabilizes

In Brief

  • Altcoins experience a significant rise after Bitcoin's recent rally.

  • Solana rebounds to $130, while DOGE sees a 25% increase in value.

  • Chiliz (CHZ) jumps 17%, hinting at a positive market trend.

COINTURK NEWS
COINTURK NEWS 2 years ago
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After Bitcoin‘s rise to $64,000, it seems to be altcoins’ turn to surge. In this context, many altcoins have seen incredible growth over the past 2 days, delighting investors. Let’s take a closer look at four of them.

Contents
What’s the Price of Solana in Turkish Lira?How Much is DOGE Worth?What’s the Dollar Value of Chiliz?

What’s the Price of Solana in Turkish Lira?

Solana experienced a sharp decline from $130 to $75 after making a mark at the end of last year. However, the altcoin has seen a strong recovery in the new year and things are looking up.

Following a 5% increase in the last 24 hours, Solana’s price has returned to the $130 level. There was news recently about whether Solana would reach $130 or $80 first, and the charts have shown that SOL reached $130 more quickly.

During this period, SOL’s 24-hour trading volume decreased by 30% to $4.8 billion. The overall volume increased by 5%, surpassing $57 billion. For investors purchasing Solana with Turkish Lira, the SOL/TRY rate was at 4115 TL.

How Much is DOGE Worth?

On the other hand, DOGE, the undisputed leader in meme coin volume, was also on the rise. DOGE‘s price is trading at $0.1439 after a 25% increase in the last 24 hours.

Still, DOGE seems to be lagging behind its meme coin competitors for now. Meanwhile, DOGE’s trading volume decreased by 25%, which could indicate a shift in interest to other altcoins. DOGE’s market cap has surpassed $20.5 billion during this period.

What’s the Dollar Value of Chiliz?

Lastly, Chiliz, known for its partnerships with sports clubs and major organizations, seems to be doing well. After a prolonged bear market, CHZ has risen 17% in the last 24 hours to $0.16. The price of CHZ in Turkish Lira is around 5 TL.

CHZ’s volume over the last 24 hours has increased, unlike its competitors. A 93% increase brought the volume to $227 million, while CHZ’s total volume rose by 16.5%, exceeding $1.4 billion.

CHZ was one of the best-performing altcoins in the last bull market, capturing the attention of the entire market. Upcoming partnerships could potentially propel the project even further.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 2 March, 2024 - 4:06 am 2 March, 2024 - 4:06 am
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