Top Crypto Performers Today
The cryptocurrency market is experiencing a rebound, with Bitcoin (BTC) trading near $58,000 after dipping to the $55,000s. Investors are looking for altcoins that can outperform in this uncertain market. Here are some top crypto performers today:
Aave (AAVE)
Aave (AAVE), a leading lending/borrowing protocol, is up 10% in the past 24 hours. AAVE is performing well due to expectations that a Trump-linked crypto project will launch based on the DeFi app. AAVE was last trading around $134.70 and is eyeing a retest of 2024 highs in the $150 area. It could grow a lot from its current market cap of $2 billion.
Starknet (STRK)
Starknet (STRK), a ZK-rollup Ethereum layer-2 blockchain protocol, is also performing well. It is looking to retest its 50DMA, and a break above this level could open the door to a prolonged move back towards the $0.60s from its current level just under $0.40.
Dogwifhat (WIF)
Dogwifhat (WIF) is a leading Solana meme coin that is also performing well. However, it remains locked within a long-term downwards trend channel, well below its major moving averages.
Remember that the cryptocurrency market is volatile, and any investment decisions should be made after careful consideration.
