5 Altcoins Recovering the Highest After Market Crash

Following the recent market crash, the global crypto market is slowly moving towards recovery. Despite facing major obstacles, Bitcoin and Ethereum are still struggling, while some altcoins have surprisingly become leaders, demonstrating resilience and strong rebound. Livepeer (LPT), Notcoin (NOT), Stacks (STX), Toncoin (TON), and Injective (INJ) have stood out from the rest, showing impressive performances despite the overall market trends.

1. Livepeer (LPT)

Livepeer (LPT) has experienced a comeback, showing a significant 16.62% growth in the last 24 hours and a steady 4.99% increase in the past week. With a price tag of $24.44, Livepeer market capitalization has increased to $800.66 million, boosted by a trading volume of $140.3 million in the past 24 hours.

The strong market presence of LPT is emphasized by its circulating supply of 5,743,984 tokens. Investor interest in this video streaming network protocol has led to its remarkable recovery, positioning it as the best performer, among altcoins.

2. Notcoin (NOT)

Notcoin (NOT) is also noteworthy for its substantial recovery. Although there was a slight decrease recently, the token has still managed to increase by 10.64% in just the past 24 hours, despite a 17.96% decrease over the previous week.

With a price of $0.01801, Notcoin has a market cap of $1.85 billion and an impressive trading volume of $1.26 billion in the last 24 hours.  The token’s significant rebound, despite having 70,000,681,661 NOT in circulation, demonstrates its strength and the market’s confidence in its future prospects.

3. Stacks (STX)

Stacks (STX) has shown a somewhat varied performance, with a small 7.46% surge in the previous day and a 2.43% growth in the past week. Stacks is being traded at a price of $2.32, which gives it a total market capitalization of $3.4 billion and a 24-hour trading volume of $.78 million.

Even with a small decrease, Stacks still manages to maintain investor trust, as shown by its circulating supply of 124,903,979 STX. The network’s emphasis on integrating smart contracts and decentralized applications into Bitcoin may have helped in its partial comeback

4. Toncoin (TON)

TON is added to this lineup due to its strong rebound. Toncoin’s price of $7.59, which has seen a 6.96% uptick in the last day and a 3.78% increase in the previous week, demonstrates its robust standing in the market. The market capitalization has hit $18.47 billion, with the help of a trading volume of $512.2 million in the last 24 hours.

The significant presence of 67,500,386 TON in the market is emphasized by its circulating supply, driven by its association with the Telegram Open Network, providing a special mix of security and scalability.

5. Injective (INJ)

Injective (INJ) completes the list of high-performing altcoins today. In the last day, the token has experienced a 6.44% growth, along with a remarkable 15.69% surge in the past week.

Injective’s market capitalization is $2.83 billion, with a 24-hour trading volume of $337.16 billion while its price is set at $30.26. Having 11,100,904 INJ in circulation, this decentralized derivatives trading platform is showing strong progress in the market, highlighting its potential for ongoing expansion.

Conclusion

Despite the gradual recovery of the overall cryptocurrency market, these altcoins have shown impressive resilience and bounce-back. Livepeer, Notcoin, Stacks, Toncoin, and Injective (INJ) showcase the possibility of substantial recoveries in the cryptocurrency industry, offering a glimmer of optimism for investors navigating the volatile cryptocurrency market. As the market stabilizes further, these alternate cryptocurrencies could lead to a new period of growth and innovation in the cryptocurrency industry.

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