Key Points
- Bitcoin’s value falls below $83,000 while altcoins Ancient8 and Apu Apustaja experience a bullish trend.
- Ancient8, Apu Apustaja, and ROAM Token see significant price surges with no major project developments.
Bitcoin’s value has experienced a dip, falling below $83,000 as the crypto market continues its downward trend. Despite this, several altcoins such as Ancient8 and Apu Apustaja have displayed a bullish trend.
Ancient8’s Remarkable Surge
In the past day, Ancient8 (A8) has seen a 160% increase, trading at $0.259 from a previous low of $0.09628. This significant price movement follows the listing of A8 on Bithumb several months ago.
Bithumb, a large South Korean exchange, seems to have triggered a delayed effect as focus shifts towards the token. Market analysts cite three key factors behind this surge: increasing global attention, growing adoption rates, and a mix of strong holders and new market entrants. Interestingly, there have been no major project developments to explain the sudden price jump.
Other Altcoins See Growth
Apu Apustaja (APU), second on CoinGecko’s top gainers list, has climbed 85% over the last 24 hours, reaching $0.0002479 from $0.0001325. The meme coin has also been trending recently. However, like many meme coins experiencing sudden pumps, there are no fundamental updates or developments behind the price movement.
ROAM Token, third on the list, has seen a 41% increase in the past day, moving from $0.136 to $0.1917. The DePIN (Decentralized Physical Infrastructure Network) project, which aims to create an open wireless network through OpenRoaming and eSIM technologies, recently received a shoutout from Solana’s (SOL) official account. Adding to its surge, ROAM announced it has reached a milestone of 2 million nodes globally, demonstrating the growing adoption of its decentralized network infrastructure.
Despite these isolated gains, the overall crypto market continues its correction phase. Bitcoin’s (BTC) drop to $82,471 illustrates ongoing selling pressure that has impacted most major cryptocurrencies. Concurrently, Ethereum (ETH) has also dropped to the $1,900 level.
