This week, the cryptocurrency market was marked by the rise of Bitcoin and new developments regarding the SEC-$XRP case.
Because the court rejected the SEC's request to appeal against the Ripple decision.
While $XRP and SEC were talked about among investors and in the market after this decision, Santiment said that there were two altcoins other than $XRP that should be paid attention and followed.
Stating that these two altcoins are $RAY, which increased by 24% in 1 hour yesterday, and VRA, which recorded an impressive 71% increase in 1 week, Santiment made the following statements:
“Most chatter revolves around the SEC's rejection of the Ripple and $XRP objection.
But watch for $RAY's +24% spike in less than 1 hour, VRA's impressive +71% rise in 1 week, and other altcoins leading the way right now.”
🗣️ Most chats have been circulating around the #SEC's appeal against #Ripple and $XRP being denied. But keep an eye on $RAY's sudden +24% pump in less than 1 hour, $VRA's impressive +71% surge in 1 week, and other #altcoins currently driving markets. https://t.co/i6cAC5dsox pic.twitter.com/tBqWCuzQTB
— Santiment (@santimentfeed) October 4, 2023
When we look at the $RAY chart, it is seen that it increased by 25% in a short time yesterday, reaching up to $ 0.226, but then gave back some of its gains.
When we look at the graph of VRA, it is seen that VRA started to rise about a week ago and increased by up to 85% within a week.
At the time of writing, VRA is traded at $0.0065 and $RAY is traded at $0.193.
*This is not investment advice.