The cryptocurrency market is displaying signs of recovery following a recent slump. Ethereum has managed to climb back above $3,400 after dropping as low as $3,000. Bitcoin is also showing a slow reversal, with its price hovering around the $97,000 level and clearly struggling to reclaim the $100,000 mark.
However, some tokens have witnessed significant price surges. Send (SEND), a community token on Solana, has seen its price skyrocket by over 360%. It went from a 24-hour low of $0.01468 to as high as $0.1626 before settling at its current level. Over the last 30 days, it has even climbed by over 4,700%. The release of the Solana agent kit by the SEND team, an open-source toolkit for connecting AI agents to Solana enabling various actions like trading, launching tokens, and more, could be a contributing factor to this price spike.
dForce (DF) is another notable gainer, ranking second on the list of top gainers in the last 24 hours with a price increase of over 160%. In the past 30 days, its price has gone up by over 200%. While there haven’t been obvious technical developments causing this surge, the Optimistic winter campaign it has been running recently seems to be the only evident contributing factor.
Odos (ODOS) comes third on CoinGecko’s top gainers list. Its native token has surged 90% in the last 24 hours. The main reason for this boost is Binance’s revelation of its fourth batch of project tokens as part of the Binance Alpha initiative, which showcases tokens that might be listed on the exchange and included ODOS. Additionally, the project’s announcement that it will soon be available on Bybit, where an Odos giveaway is being hosted, likely also played a role in its recent price pump.
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