CandleFocus

Altcoin Rally: STX, SUI, TON, RUNE, POL, EGLD, VET Gain

Author: Content Editor
The crypto market is experiencing a recovery phase, leading to an upcoming altcoin rally. Several cryptocurrencies, including Stacks (STX), Sui (SUI), Polygon (POL), MultiversX (EGLD), VeChain (VET), THORChain (RUNE), and Toncoin (TON), have seen significant gains.

STX has increased by 28.77% in the past 30 days and is currently trading at $1.92 with a market capitalization of $2.86 billion. SUI has performed exceptionally well, with its price surging by 134.18% in the past month and 20.42% in the past week. It has a market cap of $5.15 billion and is valued at $1.86 per token.

Toncoin (TON) has shown impressive growth, rising by 174.87% since October 2023. It is currently trading at $5.79 with a market cap of $14.6 billion, ranking 9th. RUNE has also experienced significant gains, increasing by 167.84% since October 2023. It is trading at $5.21 with a market cap of $1.75 billion.

After rebranding from MATIC to POL, Polygon dropped to the 30th position in the crypto market. It has a valuation of $2.98 billion and is priced at $0.4032, down 37.51% since September 2023. However, the migration of POL is expected to bring new features to the blockchain, potentially resulting in higher prices.

EGLD and VET have gained modestly, with increases of 9.29% and 43.37% respectively since October 2023. They are currently priced at $28.11 and $0.02489, but are significantly down from their all-time highs.

It's important to note that this article is for informational purposes only and does not constitute financial advice. Readers should exercise caution and conduct their own research before making any investment decisions.

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