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3 Altcoins are thriving despite the market collapse today
Altcoins are showing surprising strength today, even as the crypto market is reeling from significant losses, with Ethereum (ETH) and Solana (SOL) both losing more than 6% of their value.
Aerodrome Finance (AERO), Zebec Network (ZBCN) and WhiteBIT Token (WBT) are leading despite the downtrend with significant gains. AERO increased by over 20% after Coinbase integrated Base DEX, ZBCN continued its upward trend in the past 30 days, climbing nearly 3%, and WBT reached a new ATH above $38.
While most major tokens are declining in price, these three altcoins are thriving and attracting attention from investors.
Aerodrome Finance (AERO)
Aerodrome Finance is the best performing altcoin of the day, with an increase of over 18% in the past 24 hours, and a market capitalization of nearly 550 million USD.
This price increase comes after Coinbase integrated Base chain's DEX services into its application, significantly increasing Aerodrome's accessibility to millions of users.
On the downside, the nearest support level is around $0.591, and breaking this level could pull the altcoin back to $0.563 or even $0.50.
Zebec Network (ZBCN)
Zebec Network has increased by more than 4% in the past 24 hours, recently testing the $0.0045 level as bullish momentum shows signs of returning. Despite the pressure on the broader market, ZBCN remains one of the best-performing altcoins this month, up 65% in the last 30 days.
! ZBCN Price Analysis | Source: TradingViewIf the current momentum holds, the token could soon test the $0.0053 resistance level, and a stronger breakout could push it towards $0.0071. This recovery comes after a short-term pullback, with traders now watching to confirm a new uptrend.
However, ZBCN has still decreased by more than 9% in the past seven days, highlighting the current volatility and the importance of key support levels. If the price falls back to $0.0038 and does not hold this level, it could trigger a deeper correction, with the potential for a prolonged decline to $0.00146.
WhiteBIT Token (WBT)
WhiteBIT Token has defied the overall market downturn to reach a new ATH above $38, becoming the best-performing altcoin of the day. This token has increased by over 6% in the past 24 hours and nearly 13% in the last seven days.
Vincent