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COINTURK NEWS > Altcoin News > Exploring the Latest Trends in Cryptocurrency Prices
Altcoin News

Exploring the Latest Trends in Cryptocurrency Prices

In Brief

  • Bitcoin's price faces uncertainty as halving approaches.

  • LUNA struggles to recover after a significant drop.

  • Solana showcases a remarkable rise, reaching over $100 again.

COINTURK NEWS
COINTURK NEWS 1 year ago
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As the final 45-hour countdown to the Bitcoin halving begins, all eyes are focused on the Bitcoin price. With 292 blocks remaining, the uncertainty of the price brings significant unknowns to the market. Currently, after a 3.58% drop, Bitcoin’s price stands at $61,450, having dipped below $60,000 during the day. Meanwhile, attention is also on the market’s major altcoins.

Contents
LUNA Coin CommentarySolana Reviews and PriceChiliz Commentary

LUNA Coin Commentary

In 2022, following the incidents involving Do Kwon and the Luna Foundation, LUNA plunged into uncertainty. After these events, LUNA, which crashed and struggled to recover, is now trading at $0.5963 following a 1% decrease in the last 24 hours.

On the other hand, LUNA’s market cap has also fallen to $426 million, placing it 146th in the rankings. LUNA’s 24-hour trading volume has seen a clear 9% decrease, dropping to $34 million.

The level of trust investors can place in LUNA in a potential bull market, following the events of 2022, is already a topic of curiosity.

Solana Reviews and Price

Solana, once hailed as the Ethereum killer, was a star during the last bull market. The FTX incidents pushed SOL to unimaginable levels. At the end of this period, by the first quarter of 2023, it had dropped to as low as $8, sparking discussions.

Following this period, SOL experienced an incredible rise, climbing back over $100 by the last quarter of 2023. The rise didn’t stop, and SOL surpassed the $210 mark during the month when BTC reached its all-time high.

Today, Solana (SOL) is trading at $132.62, up 0.67% in the last 24 hours, still far from its previous all-time high.

Chiliz Commentary

CHZ, known for its sports partnerships and collaborations, drew attention during the last bull market but faced significant backlash after severe drops. As of April 18, 2024, it wouldn’t be wrong to expect a rise in CHZ again. CHZ is finding buyers at $0.1109 after a 3.34% increase in the last 24 hours.

CHZ’s market cap has increased during this period, now at $986 million. Its 24-hour trading volume has seen a 25% increase, continuing at $108 million.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
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 18 April, 2024 - 5:04 am 18 April, 2024 - 5:04 am
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