LUNC and IOTA both enjoyed big gains during the last week, rising 13% and 10%, respectively. During the same period, a variety of other cryptocurrencies had an even more spectacular rise.

Notably, the Terra Luna Classic (LUNC) gained 122.5% against the USD, while the BRC20 token ORDI gained 118.3%.

Alternative cryptocurrencies see 7-day gains in the double and triple digits.

This week, the value of six cryptocurrencies, including LUNC, ORDI, IOTA, TIA, STX, and WEMIX, increased by more than 50% when compared to the US dollar. Coinciding with BTC’s ascension to levels not seen since the Terra LUNA fiasco, LUNC soared by 122.5%.

LUNC, IOTA, and ORDI Dominate This Week’s Crypto Gains LUNC/USDT on December 4, 2023, via Binance.
Similarly, ORDI increased by nearly 118%, while IOTA increased by 89.9%.

According to weekly data, TIA is up 54.2%, WEMIX is up 52.5%, and STX is up 50.3%. The total value of the cryptocurrency market is $1.611 trillion, up 3.9% from the previous day.

Binance will trade LUNC IOTA on December 4, 2023.

With a global trading volume of around $106.47 billion and over 11,277 cryptocurrencies on 940 exchanges, the sector is thriving. As of Monday, December 4, 2023, bitcoin held a market share of 50.9%, with Ethereum trailing at 16.8%.

Tether (USDT) leads the pack in terms of trade volumes, with $55.40 billion in the last 24 hours, while bitcoin (BTC) comes in second with a global volume of $29.67 billion. Other volume leaders include ETH, SOL, XRP, DOGE, BNB, and LUNC.

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According to Coinglass statistics, a huge $182.58 million in crypto shorts were liquidated in the last 24 hours, in keeping with the price gains. Other major liquidations came from BTC, ETH, SOL, LUNC, STX, LINK, and ORDI, with BTC losing $1.39 million, ETH losing $625K, and SOL losing $567K during the same time frame.

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