Rekt

Coin

<ul class="wp-block-list news-points">
 <li><strong>Altcoin market cap achieved a notable landmark last week.</strong></li>
 <li><strong>The crypto metric closed above $425 billion for the first time since November 2021.</strong></li>
 <li><strong>Analysts believe it is a pivotal moment for the altcoins market.</strong></li>
</ul>
<p>The altcoin market capitalization, which includes cryptocurrencies outside the top 10, reached a significant milestone last week, closing above $425 billion for the first time since November 2021. At its peak, the market cap hit $451.28 billion, marking one of the strongest performances in recent months.</p>
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   <p lang="en" dir="ltr">Altcoin Market Cap has Weekly Closed above $425bn (black) for the first time since November 2021<a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> <a href="https://t.co/TtvCpdeiTA" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/TtvCpdeiTA</a></p>— Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1865930298560557061?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">December 9, 2024</a>
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<p>However, a slight pullback followed, with the market cap dropping to $413.53 billion as the new week began, according to TradingView data. Analysts view the $425 billion mark as a critical support level that could signal the next phase of the altcoin rally, led by coins like XRP and ADA.</p>
<h2 class="wp-block-heading" id="h-pullback-signals-consolidation-not-alarm">Pullback Signals Consolidation, Not Alarm</h2>
<p>While the market’s decline at the start of the week may concern some traders, analysts see it as a typical market behavior. Histori…</p>
<p>The post <a href="https://coinedition.com/altcoin-market-cap-hits-425b-will-xrp-and-ada-lead-next-rally/" rel="noopener noreferrer nofollow">Altcoin Market Cap Hits $425B: Will XRP and ADA Lead Next Rally?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Altcoin Market Cap Hits $425B: Will XRP and ADA Lead Next Rally?

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