The cryptocurrency market saw a positive trend on November 23, with the global crypto market cap increasing by 1.5% to reach $3.33 trillion. Bitcoin remained steady at $98K, while major altcoins like Cardano (ADA), XRP, and Avalanche (AVAX) surged between 14% and 25%. Notably, Hedera (HBAR) and Stellar (XLM) emerged as top performers, registering jumps of 25% to 55% in the last 24 hours.
In the meme coin category, Dogecoin (DOGE) and Shiba Inu (SHIB) experienced a 9% increase, while other meme coins like PEPE, BONK, and WIF saw declines of 2% to 8%. The top gainers included XRP, up 15%, Stellar, up 55%, and Hedera, up 25%. Meanwhile, other top cryptocurrencies by market cap, such as Ethereum (ETH) and Solana (SOL), remained unchanged.
The total market volume declined by 12% from the previous day, reaching $219 billion. This positive trend in the cryptocurrency market demonstrates that investors remain optimistic about the potential of digital assets, despite recent market volatility.
