Incredible price movements have occurred in cryptocurrencies since last week, culminating in Bitcoin reaching an all-time high (ATH) price of $69,200. The real drama unfolded shortly thereafter, causing the price to plummet within minutes to $59,500, resulting in over $1 billion of investor money evaporating. Bitcoin’s price later recovered, climbing back above $66,000. What was happening with the top 3 projects in the market during all these events?
What Was Solana’s Price?
Solana, undeniably one of the leaders of 2023, had captured all the attention both on its own and due to the meme coins on its network. After a decline in the early days of 2024, SOL fell to the $70 level but quickly rebounded above $100.
Binance recently shared alarming news about the Solana network, reporting intermittent disruptions. Despite this, the price continued to look strong. At the time of writing, the price of Solana (SOL) was trading above $130, with a 0.32% increase.
Solana’s market capitalization also rose nearly 1%, exceeding $58 billion, placing the project in the 5th position in terms of volume ranking. SOL’s 24-hour trading volume had increased by 103% to over $9.5 billion, indicating a significant rise in investor interest.
Current Status of Chiliz Coin
Chiliz (CHZ), one of the stars of the last bull run, known for its partnerships with sports teams and projects, seems to be having trouble in the last 24 hours.
CHZ’s price has fallen by 2.5% in the last 24 hours, dropping to $0.1502. During the same period, its market capitalization also fell by over 3%, dropping to $1.3 billion, and it appears to be moving down in the market rankings.
At the time of writing, it was in the 75th position. Its trading volume had increased by 45% in the last 24 hours, surpassing $263 million. CHZ is still trading far below its ATH of $0.89 reached in 2021.
Opinions on Ceek Coin
Lastly, CEEK VR, one of the most notable projects from the last bull run, has been moving in a predominantly downward trend. CEEK’s price has experienced a 7% drop in the last 24 hours, finding buyers at $0.07094.
CEEK’s 24-hour trading volume, after a 1% increase, stands at $9 million, suggesting that investor interest has remained relatively stable. As of the time of writing, CEEK continues to trade 94% below its former ATH of $1.20.
