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COINTURK NEWS > Altcoin News > Record-Breaking Performance in Cryptocurrency Markets
Altcoin News

Record-Breaking Performance in Cryptocurrency Markets

In Brief

  • Crypto markets saw record highs in recent two weeks.

  • AVAX price surged, overtaking Cardano in market cap ranking.

  • XRP struggles while CEEK Coin experiences a slight decline.

COINTURK NEWS
COINTURK NEWS 1 year ago
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The past two weeks have been a historic period for cryptocurrencies, marked by a series of record-breaking performances. During this time, not only did Bitcoin hit consecutive all-time highs (ATHs), but there were also significant surges in meme coins and AI tokens. The rest of the market benefited as well, taking the rally to new heights. So, what’s the latest with AVAX, CEEK, and XRP?

Contents
What is the Current Price of 1 AVAX in Turkish Lira?How Much is 1 XRP in Dollars?CEEK Coin Review and Price

What is the Current Price of 1 AVAX in Turkish Lira?

In the Avalanche ecosystem (AVAX), which is often referred to as one of the Ethereum killers, things seemed to be getting on track. While the incredible meme coin craze continued in the Solana (SOL) ecosystem, AVAX’s price was on the rise, contrary to the rest of the market.

The price of AVAX surged by 15% in the last 24 hours, reaching a level of $63.81. Concurrently, its market capitalization also increased significantly, surpassing $24 billion. Following this surge, AVAX climbed to the 8th position in market cap rankings, surpassing Cardano (ADA).

Moreover, the growing interest in Avalanche was reflected in its 24-hour trading volume, which saw a 55% increase, exceeding $2.6 billion. The price of AVAX in the AVAX/TRY pair stood at 2,044 Turkish Lira.

How Much is 1 XRP in Dollars?

On the other hand, XRP, which had experienced a sharp rise followed by a decline in recent days, did not seem to be faring well. After surpassing the $0.70 level for the first time in a long while, XRP’s price failed to maintain its momentum and fell back to the critical $0.60 level.

Large sales disclosed by the Ripple Foundation are believed to have impacted the price. Ripple’s market cap shrank to $33 billion during this period, while its 24-hour trading volume decreased by 23%, falling below $2 billion.

This could be interpreted as investor interest gradually shifting from XRP to other projects.

CEEK Coin Review and Price

Lastly, looking at CEEK Coin, there was a 2% decline in its price. At the time of writing, CEEK was trading at $0.075 following this drop.

This price drop also affected its market capitalization, which was revealed to be only $60 million. Contrary to the market cap, the 24-hour trading volume saw a 20% increase, amounting to $6 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 March, 2024 - 8:17 pm 18 March, 2024 - 8:17 pm
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