© Reuters SFP, CHZ, LTC, APT Among Top-performing Altcoins in Last 24hrs
- SFP token topped the altcoin rank list with over a 16.5% increase in the last 24 hours.
- CHZ ranks second despite its 24-hr volume dropping by 16.7%.
- Crypto traders exchanged over $800 million worth of LTC in the last 24 hours.
(BTC) recently fell below its two-year low of $15,500 following the FTX exchange collapse. While the altcoin market also suffered a significant hit from the incident, below are the top-performing altcoins according to the Alt Rank of the social intelligence tracker for crypto, Lunar Crush.
Alt Rank is a unique measurement by LunarCrush, combining actual altcoin price performance relative to Bitcoin and social activity indicators.
SFP currently trades at $0.7601, topping the altcoin rank list with over a 16.5% increase in the last 24 hours. The coin also gained 15.75% against BTC and (ETH) within the same period. With a total market value below the $100 million price cap, SFP ranks 187 among other major cryptocurrencies.
CHZ ranks second on the list after gaining over 9.12% in the last 24 hours at $0.2467. Interestingly, despite that its 24-hr volume dropped by 16.7%, according to CoinMarketCap, the coin still achieved above 7% against BTC and ETH. CHZ has a market cap of nearly $1.5 billion, ranking 31 among other major currencies.
LTC, one of the cryptos with the largest market cap, also appeared on the best performer list after gaining over 6.58% in the previous 24 hours. It currently trades at $62.50, outperforming BTC and ETH by 5%. Crypto traders exchanged over $800 million worth of LTC in the last 24 hours.
Despite its 24-hr trading volume dropping by 17%, the Aptos token increased by 4.3% within 24 hours. Notably, APT announced a token airdrop late last month, commemorating its mainnet launch. However, the attempt failed, suffering a massive sell-off tumbling the price from $1 to $59 and back to $6 within minutes.
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