Ripple (XRP), Litecoin (LTC), and Stellar (XLM) Gain Momentum
The global crypto market cap has seen a positive shift after last week’s downturn, with Ripple (XRP), Litecoin (LTC), and Stellar (XLM) leading the way.
- The social volumes of LTC, XRP, and XLM have surged in the past 24 hours, resulting in short-term gains for these altcoins.
- The total market cap rose from $1.05 trillion to $1.06 trillion, indicating a 0.3% gain.
- However, the total crypto trading volume declined by 7.1% in the past day.
- XRP is up by 1.5% and trading at $0.526, still down by 5% from its recent high.
- XLM witnessed a 0.8% rise, currently trading at $0.125 with an 87% increase in trading volume.
- LTC registered a 3.1% hike and is trading at $66.2 with a market cap of $4.8 billion.
Despite the recent volatility, XRP, LTC, and XLM show signs of bullish momentum in the crypto market.
Hot Take: XRP, LTC, and XLM Thrive Despite Overall Market Uncertainty
The recent surge in social volumes and short-term gains of Ripple (XRP), Litecoin (LTC), and Stellar (XLM) indicate resilience in these altcoins amidst a volatile market. While the total crypto trading volume has experienced a decline, the positive movement in market cap suggests a potential trend for the week. Despite the current fluctuations, XRP, LTC, and XLM continue to show bullish momentum, providing opportunities for crypto investors.
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