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Smaller tokens lead as bitcoin, sol rally in 'first real bounce of the selloff'
Key takeaways
- The CoinDesk 20 Index rose almost 5% in 24 hours to its highest in a week, with all members in the green.
- Memecore’s M and Audiera’s BEAT have gained 81% and 12%, respectively, making them the best performers among the top 100 coins by market value.
- Bitcoin, the largest cryptocurrency, added more than 4% to $61,200, and ether (ETH), the second-largest, rose 5%.
The CoinDesk 20 Index rose almost 5% in 24 hours to its highest in a week, with all members in the green.
Memecore’s M and Audiera’s BEAT have gained 81% and 12%, respectively, making them the best performers among the top 100 coins by market value. At No. 3, Venice Token (VVV) is up 9%.
Bitcoin, the largest cryptocurrency, added more than 4% to $61,200, and ether (ETH), the second-largest, rose 5%. Solana’s SOL gained 9% as the network unveiled an onchain governance system that requires staking at least 100,000 tokens to submit proposals. XRP is up almost 4%.
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