Key Points
- Altcoins SATS, Aave, Monero, and ORDI have seen over 10% increase, with Bitcoin also experiencing a 4% rise.
- SATS, Aave, Monero, and ORDI are among the top performing cryptocurrencies, while the global crypto market cap is at $2.39 trillion.
SATS, Aave, Monero, and ORDI, a group of altcoins, have all seen a surge of over 10% in the past day. This comes as Bitcoin, the leading cryptocurrency by market cap, also saw a 4% increase.
SATS and Its Performance
On July 26, SATS led the top gainers. At the time of writing, the crypto asset had an 18.5% increase in the last 24 hours, trading at $0.00033. The daily trading volume of SATS also increased by 18.4%, reaching around $202.6 million.
The market cap of this meme token is currently at $695.6 million. However, the token’s value is still 64% below its all-time high of $0.00093, achieved on Dec. 26, 2023. SATS is a BRC-20 token created to honor Satoshi Nakamoto, the pseudonymous inventor of Bitcoin. The name SATS refers to satoshi, the smallest unit of Bitcoin, equating to 0.00000001 BTC.
Aave, Monero, and ORDI
Aave saw a 10% increase in price over the past day, trading at $102.6 at press time. The crypto asset’s daily trading volume hovered around $240.5 million. Aave’s market cap is $1.52 billion, making it the 55th largest crypto asset.
Monero, a privacy-focused peer-to-peer digital currency, was still up 8.5% in the last 24 hours and was trading at $168.7. With a market cap of about $3.11 billion, Monero ranks 27th in global cryptocurrency rankings by market cap.
Ordi saw an 11.6% increase in price over the past day, trading at $38.5 at press time. ORDI’s market cap is $809 million, making it the 83rd largest crypto asset.
Bitcoin’s recovery was marked by a 4.5% rise over the past day, reaching $66,968 on Friday, July 26. Other popular altcoins, including Ethereum, Dogecoin, Ripple, Solana, and Litecoin, experienced minor fluctuations in gains and losses.
At the time of writing, the global crypto market cap was $2.39 trillion, reflecting a 24-hour increase of 3.41%.