The recent presidential election outcome has caused a surge in Bitcoin (BTC) and altcoins, with BTC briefly rising above $80,000 and altcoins experiencing impressive gains. Ethereum (ETH) is up 32% in the past week to trade at $3,205, with Cardano (ADA), Solana (SOL), and Sui (SUI) also seeing significant increases.
The market is experiencing unprecedented runs due to investors’ optimism and high market interest. Cardano has gained over 36% in the past 24 hours and is up nearly 80% in the past week, while Sui (SUI) is one of the top-performing cryptocurrencies in 2024, gaining nearly 26% in the past day and 61% in the past week.
Dogwifhat ($WIF), a newcomer to the crypto market, has significantly impacted the industry, yielding an immense 1,495% gain in the past year. Husky Inu (HINU) is another altcoin showing potential, with its presale generating over $480,000 since its launch.
