Markets
New ATHs in the Low Market: Here’s the Cryptocurrency That Challenges the Crypto Market Crash
Despite the odds, this month started with a cryptocurrency market crash, causing weeks of gains to end in total losses. The two days of slow markets sent the global market cap down to $1.97 trillion, but the last few days have been healing. While many cryptocurrencies are struggling, some have managed to make new highs defying the cryptocurrency market crash.
These new highs are due to the market recovery as Bitcoin Price
increased to $65K and the SEC approved the Ethereum ETFs trading. Despite this, the market is still neutral, but with Mantra, WHY and a few others creating new highs, investors are holding their profits.
5 Cryptocurrencies With New ATH This Month
While the market is recovering, it is not yet bullish, limiting price surges for most cryptocurrencies. But a few, especially meme coins, are emerging as profitable with new gains for CoinmarketCap.
1. Mantra (OM)
OM is the native token of the Mantra Blockchain layer-1 and it created a new all-time high of $1.38 less than 24 hours ago. It has now moved 6% from its all-time high, currently trading at $1.30 with a market cap of $1,076,506,249. When the market was in a downtrend, this cryptocurrency continued the uptrend, rising 35% in the month.
2. Why (WHY)
With an unusual name and a meme reference, WHY has become a favorite cryptocurrency among investors. It is surging after creating an all-time high of $0.0000001891 just yesterday. It is currently trading at $0.0000001683, up 56% in a month. More importantly, WHY has been performing impressively since its inception, offering a total gain of 962%.
3. Mog Coin (MOG)
After creating an all-time high of $0.000002392 a few hours ago, MOG is on new heights. MOG has created two new ATHs in the last two days after a steady bullish surge. This cryptocurrency is now trading at $0.000002209 after a 175% surge in 30 days.
4. Kaspa (KAS)
Kaspa created a new high at the beginning of the month, where it rose to $0.1976 before touching a low of $0.1473 on July 5. However, this is changing as the price is rising, where Kaspa Price It is only 9% from the ATH, currently valued at $0.1791. But the rally is slow as the cryptocurrency is only up 5% this week, so a new ATH may take some time unless the market turns bullish.
5. Ponke (PONKE)
Ponke, a Solana Meme Coinis on the upside, having created a new ATH of $0.6591 just a few hours ago. This is the second bullish rally for PONKE, as it was bullish last month when the market was slow. After the ATH, the price is consolidating, currently at $0.6383 after a 33% increase in the last 24 hours and a 50% increase during the week.
Final Thought
Some other cryptocurrencies like Toncoin, Bitcoin and many others are also closer to the ATH. A bullish push is all that is needed for new gains this month, but with high selling pressure, such rallies are limited. The last 24 hours have been impressive as many cryptocurrencies have reached new highs.
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