Altcoins Surge, Puma's Experiential NFT Sneakers
Jul 14, 2023
Market Update After Ripple's victory over the SEC yesterday, token prices experienced a rapid increase, with XRP surging by 65% in the past 24 hours, making it the fourth largest token. $BTC is up 1.1% while $ETH gained 2.1%. Tokens alleged to be securities by the SEC, like $MATIC, $ADA, and $SOL, have outperformed, with gains ranging from 20% to 30%. In addition, Coinbase's stock ($COIN) saw a significant jump of 24% yesterday. The overall cryptocurrency market capitalization also rose by 3.1%, with gains primarily accruing to alts, a significant pivot from months of $BTC outperformance. The