New ATHs in Low Market: Here The Crypto Defying the Crypto Market Crash
Amidst odds, this month began with a crypto market crash, causing the weeks of gains to end in complete loss. The two days of the slow market brought down the global market cap to as low as $1.97 Trillion, but the last few days have been healing. While many crypto are struggling, a few have succeeded in creating new high defying the crypto market crash.
These new highs are due to the market recovery as Bitcoin price has hiked to $65K, and the SEC has approved the Ethereum ETF trading. Despite that, the market is still neutral, but with Mantra, WHY, and a few others creating new highs, the investors are maintaining their profits.
5 Crypto With New ATHs This Month
Though the market is recovering, it is not bullish yet, limiting the price surges for most crypto. But few, especially the meme coins, are emerging as profiting with new gains per CoinmarketCap.
1. Mantra (OM)
OM is the native token of the layer-1 Blockchain Mantra and has created a new all-time high of $1.38 less than 24 hours ago. It has now moved 6% from its all-time high, currently trading at $1.30 with a market cap of $1,076,506,249. When the market was down, this crypto continued the uptrend, rising 35% over the month.
2. Why (WHY)
With an uncommon name and meme reference, WHY has become investors’ favorite crypto. It is growing after creating an all-time high of $0.0000001891 just yesterday. It is currently trading at $0.0000001683, with a 56% surge in a month. More importantly, WHY’s performance has been impressive since the beginning, offering a 962% gain in total.
3. Mog Coin (MOG)
After creating an all-time high of $0.000002392 a few hours ago, MOG is on the new heights. MOG has created two new ATHs in the last two days after a consistent bullish surge. This crypto is now trading at $0.000002209 after surging 175% over 30 days.
4. Kaspa (KAS)
Kaspa created a new high at the beginning of the month, where it rose to $0.1976 before hitting a low of $0.1473 on July 5. However, that is changing as the price is surging, where Kaspa price is just 9% from the ATH, currently valuing $0.1791. But the surge is slow as the crypto has hiked only 5% this week, so a new ATH might take some time unless the market turns bullish.
5. Ponke (PONKE)
Ponke, a Solana meme coin, is on the rise as it created a new ATH of $ 0.6591 just a few hours ago. This is the second bullish rally for PONKE, as it was bullish last month when the market was slow. After the ATH, the price is consolidating, currently at $0.6383 after a 33% surge in the last 24 hours and 50% over the week.
Final Thought
A few other cryptocurrencies like Toncoin, Bitcoin, and many others are also closer to the ATH. A bullish push is all needed for the new gains this month, but with the high selling pressure, such rallies are limited. The last 24 hours have been impressive as many crypto peaked to new highs.
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