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Which were the prominent cryptocurrencies of the day? February 5, 2024
How did cryptocurrencies, which fell at the weekend and touched critical support points, start the first trading day of the week?
The cryptocurrency market moved downwards over the weekend. A large amount of sales were seen in many altcoins. It was especially noteworthy that Manta Network and AltLayer, which were newly introduced to the market, experienced a sharp decline. New lows were formed at the end of the week when profit selling intensified.
The unstable nature of the leading cryptocurrency Bitcoin (BTC) has been a major factor in the decline of the crypto market. Crypto investors entered the new week pessimistically.
After all these market processes, which altcoins had an active start to the week?
Winners list
Ronin (RON), which increased by 16.27 percent in the last 24 hours, was at the top of the list of the most rising coins. Pendle (PENDLE) is in second place with an increase of 11.06 percent, Flare (FLR) is in third place with an increase of 10.58 percent, and Terra Classic (*LUNC) is in third place with an increase of 6.29 percent. *) ranked fourth and finally Celestia (TIA) ranked fifth with an increase of 5.08 percent.
Render (RNDR) was at the top of the list of the most falling coins. RNDR fell 7.15 percent in the last 24 hours and reached the top. Then came Jupiter (JUP) JUP lost 4.20 percent in value in the last 24 hours. Conflux (CFX), which is among the top 100 cryptocurrencies by market value, dropped by 3.71 percent. On the other hand, Chiliz (CHZ) and Bitcoin Cash (BCH) were included in the losers list with a decrease of nearly 2.91 percent and 2.78 percent.