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The cryptocurrency market has been booming since Trump’s victory in the US elections. Bitcoin has reached $99k and is now approaching $100k. While many of the top 100 coins have seen some gains, only a few have been rallying strongly. While coins like XRP and ADA are up, Gala has been showing impressive performance.
The Sandbox ($SAND) is up by more than 15 percent in the last 24 hours and is trading close to the $1 levels. Up by more than 45 percent in the last seven days, $SAND hit a range high of $1.06 before hitting a reverse and is now retesting the $0.88 levels. $SAND’s $ATH sits at $8.44, which was achieved three years ago.
Gala has also been quietly surging and is trading close to the $0.60 levels at the time of writing. Up by more than 11 percent in the last 24 hours, Gala has surged by 55 percent this week alone. The altcoin hit a high of $0.66 in the last 24 hours and is also nearing it’s $ATH which sits just above the $0.83 level.
The Curve DAO token is also rising and has shifted to the green zone. Curve Finance has seen a huge surge in both market cap and trading volume, now sitting at $1.3 billion with $1.66 billion in trading volume. The rally is driven by news of BlackRock partnering with Curve and Elixir to bring traditional financial assets into DeFi.
The price of Curve hit a major resistance level at $1.25, which is a key point to watch. If it breaks above this level, the next target could be $1.50. However, there might be some pullback before that happens. Overall, Curve is showing strong bullish momentum, and investors should keep an eye on these key price levels.