Altcoins, excluding Ethereum, have been gaining bullish momentum as Bitcoin struggles to reach $100k. The rise of XRP as the third most valuable cryptocurrency has reminded investors of the high volatility in the altcoin space. The altcoin market cap, excluding Ether, has retested its all-time high, attracting more retail and whale investors. Altcoins such as Curve DAO, Memecoin, LayerZero, and Trust Wallet have experienced a proliferation of whale investors, leading to increased overall volatility. These altcoins have seen significant growth in market cap and daily average traded volume, with prices surging in the past few days.



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