Market is currently in a perilous situation, no one is certain about the direction where it is headed. As such many people have lost a lot in the crypto market during the past few weeks. BTC struggling to break $50k and is currently being highly volatile at the moment. But some of these projects have de coupled with the general conditions of the market and went on to create new highs. Following are some of the coins that have went into price discovery
Solana: The beast that rallied in such a way as it looked like there was no stopping it is Solana (SOL). The coin had already had a lot of increase in its price and had established new All-Time Highs but after Sol released a teaser video of ignition on Twitter, speculations started arising in the community and the coin rallied and crossed the $100 barrier. But it had a leg up without a care in the world and went on to touch $130. At the time of writing it is being traded at a price of almost $116.
FTT: The native token of the platform FTX (FTT) has made a lot of people happy. Being one of the popular exchanges in the community, FTX offers high-grade solutions to its users to the problems that the traders face. After the announcement that FTX US has acquired LedgerX ( crypto futures and options trading platform that is being regulated by commodity futures trading commission) the price soared high in the sky. After the news was released the price had momentous jump. The coin established its new All Time High after it touched the price of $70. Currently, FTT is being traded at a price of almost $66.
Luna: At the start of the year Luna was being traded at a price of less than $0.5. Fast forward today Luna has achieved a value of $32. Luna had established its previous ATH in March when it had a price of almost $21 before falling down to a price of around $4. Luna showed reversal from there and went on to create a new ATH and achieved a price of $36.89.
ADA: The project that has a lot of followers. When the whole market was bleeding ADA was one of the few coins that created its ATH during those times. ADA has a change of 24% in the last 24 hours and established its new ATH at the price of $3.101. Currently, it is being traded at a price of $3.042
