Altcoins Skyrocket in Crypto Frenzy as Investor FOMO Hits Record Highs
Move over, Bitcoin—altcoins are stealing the spotlight in a blistering crypto rally. Retail and institutional money is flooding into ETH, SOL, and other alt tokens as traders chase the next 100x moonshot.
Market psychology flipped from 'wait-and-see' to 'ape-in' overnight. Trading volumes suggest this isn't just another dead-cat bounce—though the usual suspects are already warning about overleveraged degens.
Meanwhile, Wall Street banks are suddenly 're-evaluating their crypto strategy' (read: scrambling to buy the dip they missed). The irony? Most still can't tell a smart contract from a Starbucks loyalty program.
The crypto landscape is experiencing a noteworthy rally driven by altcoins, as the investor confidence is considerably high. In this respect, the total crypto market capitalization accounts for $3.75T after a 0.83% increase over the past 24 hours. In addition to this, the 24-hours crypto volume has also surged by 26.90% to reach $137.19B. At the same time, the Crypto Fear & Greed Index is nearing the “Greed” phase while standing at 55 points.
Bitcoin Spikes by 0.12% and Ethereum Sees 3.69% Rise
Particularly, Bitcoin ($BTC) is changing hands at $114,420.02, indicating a 0.12% price upsurge. In the meantime, its market dominance has touched the 60.8% mark. Additionally, the flagship altcoin, ethereum ($ETH), is trading at nearly $3,662.89, signifying a 3.69% rise. Along with that, Ethereum’s market dominance is approximately 11.8%.
$SNL, $TURBO, and $HOOD Lead Top Crypto Gainers
Simultaneously, Snow Leopard ($SNL), Turbo Trump ($TURBO), and Robinhood ($HOOD) are the top among the key crypto gainers of the day. Specifically, $SNL has seen a 1984.89% increase over twenty-four hours as its price has touched $0.00000007913. Following that, $TURBO is now trading at $0.05323, displaying a 680.63% growth. Subsequently, $HOOD has recorded a 586.94% to claim the $0.003931 mark in terms of price.
DeFi TVL Surges by 3.26% and NFT Sales Volume Records 16.38% Increase
Similarly, the DeFi TVL has gone through a 3.26% upsurge, attaining the $137.541B spot. Adding to this, AAVE, the top DeFi project in terms of TVL, has presented a 4.14% increase, touching $34.509B. However, in the case of 1-day TVL rise, zkBoost is the leading player, accounting for 272033% increase over 24 hours.
Just like the DeFi landscape, the NFT sales volume has also jumped by 16.38%, attaining the figure of up to $18,486,190. Additionally, Courtyard, the top-selling NFT collection, shows 17.38% spike, with its sales volume reaching $2,507,304.
Trump Plans Crypto Firm Protections and BitMine Becomes Largest $ETH Holder with $2.9B
Overall, the crypto market has also noted many other influential developments. In this respect, the U.S. President Donald TRUMP is anticipated to release an executive order to protect crypto entities from alleged debanking.
Moreover, MEXC Ventures has invested in Triv, an Indonesian exchange, at $200M valuation as included in its strategy for expansion across Southeast Asia. Furthermore, BitMine Immersion Technologies has revealed that its holdings in Ethereum ($ETH) have surged past $2.9B, becoming the world’s biggest $ETH treasury.
