Top 4 Altcoins to Drive Recovery Post-$1.7 Billion Liquidation

The cryptocurrency market is experiencing renewed interest following a $1.7 billion liquidation event that significantly affected traders and market cap. Despite the setback, a recovery trend is emerging, with altcoins showing resilience and potential for growth. These four altcoins have captured investor attention, positioning themselves as strong candidates to lead the market rebound.

As the crypto market shows signs of recovery, these four altcoins stand out for their growth potential and investor confidence. Positioned to lead the market resurgence, they highlight the industry’s ability to rebound, even after significant setbacks. 

4 Altcoins Set to Lead Market Recovery After $1.7B Liquidation Blow

Today, the crypto market faced a sharp downturn as Bitcoin (BTC) traded below $95,000, reaching significant lows. Major altcoins followed suit, hitting their weakest weekly levels. Investors closely monitor the situation, with some altcoins drawing attention for their performance amid the broader sell-off. Discover these four altcoins showing resilience.

Bitget Token (BGB) 

Bitget Token (BGB) price is trading at $2.76, marking a 6% surge over the past 24 hours. This gain has positioned BGB as a leading altcoin driving market recovery. Over the past week, the token has surged by an impressive 77%, ranking among the top-performing cryptocurrencies.

Launched in July 2021 as the utility token of the Bitget crypto exchange, BGB supports payments within its ecosystem. The current momentum suggests that BGB may soon surpass the $2.75 mark, nearing its all-time high of $2.95. If the rally holds, the token could further cement its status as a standout asset in the market recovery.

Source: TradingView

DexBoss (DEBO)

DexBoss (DEBO) is capturing attention as its presale launches at $0.01, with a listing price of $0.0505. The token powers the DexBoss ecosystem, offering utility through a buyback-and-burn mechanism designed to reduce supply and increase scarcity. 

This deflationary model aims to drive long-term value for investors. With a fixed supply and growing demand, DexBoss is a strategic entry point for those exploring DeFi opportunities.

Sui (SUI)

Sui (SUI), an innovative Layer 1 blockchain platform, is gaining recognition for its fast, secure, and accessible digital asset solutions. This surge in popularity highlights Sui’s influence in decentralized finance, making it a promising investment option. The blockchain’s efficiency in total value locked (TVL) has propelled its growth, with the SUI price recently reaching $3.58. 

This notable price increase reflects investor confidence in Sui’s potential as a leading altcoin, solidifying its position in the competitive cryptocurrency market.

Source- Defiliama

XRP price

XRP price has soared 236% in the past month, reaching $2.2 amid a robust cryptocurrency market rally. The surge comes as Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) approaches a possible resolution favouring the company. Investors remain optimistic as a verdict could significantly strengthen Ripple’s position in the market. 

If the upward trend continues, XRP may surpass $3, inching closer to its all-time high of $3.84. Analysts view XRP as a leading altcoin driving recovery after a $1.7 billion market liquidation.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.