As Bitcoin and Altcoins Continue to Recover, One Altcoin Experiences a Major Rally! Here's the Star of the Day and the Reason for the Rally!

Last Friday, known as Black Friday, saw a major collapse in the market as tariff tensions between the US and China flared up ￰0￱ altcoins in particular took a major hit during this crash, a rapid recovery process began ￰1￱ this point, while altcoins were trying to reduce their losses, some altcoins attracted attention in the market with their ￰2￱ this point, Synthetix (SNX) literally said “I'm here too” after many years and became the altcoin that rose the most in the last 24 ￰3￱ to CoinMarketCap data, SNX topped the list with a surge of more than 120% in the last 24 ￰4￱ (TAO) followed with a 29.8% increase and Story (IP) with a 29.6% ￰5￱ (RENDER) rose by 21.4%, Aethir (ATH) rose by 20%, and Ethena (ENA) rose by 19.4%.

On the other hand, according to Coinmarketcap data, the biggest losers in the last 24 hours are as follows: Dash (DASH) in first place with a 2.7% loss, MemeCore (M) in second place with a 1.9% loss, Zcash (ZEC) in third place with a 1.8% loss, and LEO in first place with a 0.2% ￰6￱ Is Synthetix (SNX) Rising? Behind this movement of SNX, which has increased by 200 percent in the last month and more than 120 percent in the last 24 hours, lies the futures exchange that the project will ￰7￱ surge was also driven by a trading competition launched by the Synthetix project on October ￰8￱ competition will feature 100 high-profile traders and a $1 million prize pool.

Notably, this competition will be the first futures DEX competition held on the Ethereum mainnet. *This is not investment ￰9￱ Reading: As Bitcoin and Altcoins Continue to Recover, One Altcoin Experiences a Major Rally! Here's the Star of the Day and the Reason for the Rally!