While Bitcoin remained calm before the US elections, many altcoins were seen on the rise.
In the crypto industry, attention turned to the US elections. The election process in which Kamala Harris and Donald Trump compete fiercely will end today. Bitcoin lost its uptrend as Trump’s chances of winning diminished. Bitcoin, struggling to regain 70 thousand dollars, also put altcoins under pressure.
Despite the pressure on the markets, many altcoins have made a splash with their potential rises. Especially the rise of Dogecoin attracted attention.
Which altcoins reached the top before the US elections?
Fwog (FWOG)
Fwog (FWOG), one of the newest players on the Solana blockchain, became the highest rising altcoin of the day. The frog-themed memecoin, which went viral in a short time, increased by 22.2 percent in the last 24 hours.
According to CoinGecko data, FWOG recorded $28 million in trading volume in the last 24 hours. FWOG’s market capitalization exceeded $369 million.
Mask Network (MASK)
Socialization and Web3 platform Mask Network (MASK) has achieved a remarkable rise. MASK, which aims to create a decentralized network, has increased by 17 percent in the last 24 hours.
The project, which claims to be a rival to Facebook, became one of the most rising altcoins of the day.
MASK reached a market value of 285 million dollars by recording a transaction volume of 434 million dollars in the last 24 hours.
Nosana (NOS)
Nosana (NOS), which focuses on artificial intelligence and GPU hardware, became the third most rising altcoin of the day.
GPU technology, which gained popularity with Nvidia, contributed to Nosana’s rise to prominence. The popular altcoin rose 15 percent in the last 24 hours.
NOS, which has a market value of 275 million dollars, recorded a transaction volume of 6.8 million dollars in the last 24 hours.
Dogecoin (DOGE)
Dogecoin (DOGE), the largest memecoin by market value, rose 11 percent in the last 24 hours. DOGE, which was featured in Elon Musk’s rhetoric during the US election campaign, managed to come to the fore on election day. The popular memecoin was at the top of the day.
DOGE, which recorded a transaction volume of 3.65 billion dollars in the last 24 hours, has a market value of 24.67 billion dollars.
Mog Coin (MOG)
Mog Coin (MOG), one of the most popular memecoins of 2024, reached the top with an increase of 11 percent in the last 24 hours.
Inspired by the laughing cat emoji, MOG made a rapid recovery after the recent decline.
MOG reached a market value of $735 million by recording a transaction volume of $50 million in the last 24 hours.
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