While some dread the volatility of the crypto market, others find it appealing as it is the volatility that enables altcoins to reach towards new ATH despite a largely bearish sentiment in the market. Here are some of the tokens that have managed to establish a new all-time high:
MAGIC token was one of the altcoins that managed to defy market momentum and establish a new all-time high at a price level of $6.02 during the daily timeframe. The price subsequently fell by 8% from the ATH – currently trading at $5.71. While the uptrend of the token has broken, the bullish momentum has not ended completely as the daily price movement suggests an upside move. Magic token powers the Treasure ecosystem of NFT, DeFi and metaverse.
Avinoc has also recorded a new all-time high at $0.42 during the daily timeframe. The current price is trading close to the ATH, indicating another possible jump to the upside. The daily price movement shows an increase of 8% in the price and 70% in the trading volume. Avinoc is a specialized blockchain designed for the travel and aviation industry to smoothen out bottlenecks.
Everdome (DOME) is a new entrant in the crypto market. The token’s new all-time high lies at $0.097; however, since the price might still be in the discovery phase investing in the Everdome token may be riskier. Everdome aims to provide an ultra-realistic experience of the metaverse in partnership with MetaHero.
Iron Bank is also a new project which was recently launched and has been surging upwards. The project is essentially geared towards providing crypto lending services. The new ATH of the token stands at a price level of $242 which was established during the current day. The token is trading hands at $232, at the time of writing.
CoinMetro Token (XCM) is the final ATH token on our list. The cryptocurrency’s new all-time high stands at a price level of $0.92 and it was established yesterday. The price of the token has fallen by 15% from the ATH towards $0.78 and the daily price movement suggests towards the onset of bearish pressures. CoinMetro is a blockchain-based FinTech ecosystem.
