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Altcoins

Dogs and cats coins lead gains in today’s market rebound

NBTCBy NBTC22/05/2024No Comments2 Mins Read

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After a shaky Wednesday marked by the Fed announcement about no more interest rate cuts before inflation shows strong signs of staying at 2%, Bitcoin is up 2.2%. Despite being just a slight recovery, the movement was enough to boost two-digit gains on assets such as POPCAT, WZRD, and OMNOM.

TRB, the native token of Tellor Tributes oracle protocol, leads the top gainers with a 62% growth, according to data aggregator CoinGecko. However, the profile crypto4light shared on CoinMarketCap’s community that this might be a manipulated move caused by whales.

The recently launched KMNO, from Solana’s money market Kamino, came in second with a 49.3% leap. On the side of recent tokens, the native token of Blast’s Pacmoon application, PAC, was launched yesterday and already registered nearly 30% returns in the last 24 hours.

Dogs and cats coins lead gains in today's market rebound
Top 10 gainers in the last 24 hours. Image: CoinGecko

Meanwhile, the WZRD token related to the Taproot Wizards Ordinals collection rose by 35%. Another token related to the Bitcoin ecosystem with a significant positive performance is ZBIT, which jumped 24.3%.

The meme coins OMNOM and POPCAT were also among the top gainers in the last 24 hours, rising 27.2% and 29.1%, respectively. Guacamole, another Solana meme coin, showed a 27% positive movement.

OctaSpace and ChainSwap close the group of the 10 most profitable tokens in the last 24 hours by exhibiting 25.4% and 29.4% returns in the period, respectively.

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