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Top Gainers: RUNE, PEPE, SOL Continues To Record Massive Rally

RUNE and SOL hit yearly highs, and Pepe Coin surged 8-week high as bullish momentum continued for further rallies.

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Updated 10 Nov, 2023 | 06:24:17 AM UTC

Top Gainers: RUNE, PEPE, SOL Continues To Record Massive Rally

Bullish momentum has prevailed in the THORChain (RUNE), Pepe Coin (PEPE), and Solana (SOL) during the previous 24 hours. These three cryptocurrencies have seen substantial price rises, with RUNE and SOL attaining annual highs and PEPE bulls able to push the price to an 8-week high. Will the rally continue for RUNE, PEPE, and SOL?

THORChain (RUNE) Soars Over 15%

Despite beginning the day with negative momentum that brought the THORChain (RUNE) price to an intra-day low of $3.30, the bulls swiftly seized control and drove the price up to a new a-year high of $4.00. RUNE was trading at $3.79 at press time, representing a 13.39% increase from the support level.

The strong positive momentum suggests that the RUNE/USD may continue to rise, with resistance levels around $4.20 and $4.50 likely to be challenged soon. As a result, RUNE’s trading volume and market capitalization increased by 13.43% and 158.80%, to $1,281,276,817 and $350,194,020, respectively.

THORChain (RUNE) Chart

Pepe Coin (PEPE) Increased by 13%

Pepe Coin (PEPE) started the day at $0.000001156 and climbed to $0.000001185 before seeing a brief setback. Bulls, conversely, thwarted the bearish efforts and pushed the Pepe Coin price to a 30-day high of $0.000001347 before encountering substantial resistance. Despite the barrier, PEPE was trading 11.90% higher at $0.000001286 at the time of writing.

PEPE’s market capitalization and 24-hour trading volume increased by 12.13% and 330.15%, respectively, to $540.73 million and $385.91 million during the rally, demonstrating investors’ rising confidence and demand for PEPE.

Pepe (PEPE) chart

Solana (SOL) Jumps 6%

Early in the day, Solana’s (SOL) bulls and bears battled for power until the bulls grabbed control and drove the price up to a 12-month high of $48.73. The rise in SOL’s price was followed by an increase in market capitalization trading volume of 6.25% and 96.55%, respectively, to $19,147,259,507 and $2,713,552,313, suggesting substantial market involvement.

Solana (SOL) Chart

The bullish momentum remained in the market at press time, with SOL trading at $45.10, a 6% surge from the intraday low.

Kelvin Munene Murithi

Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary . With a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets. His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content. Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape. Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.

Published by

Kelvin Munene Murithi

Updated 10 Nov, 2023 | 06:24:17 AM

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