Cryptocurrencies Making The Biggest Recoveries On 22 June

Challenging the cryptocurrencies bearish trend, MAGA, Solama, Arweave, and many others are bullish today, fetching a decent recovery to their values.
By Pooja Khardia
Updated: 27 Aug, 2024 | 10:30:06 AM GMT
Cryptocurrencies Making The Biggest Recoveries On 22 June

Despite a bullish start to the month, the crypto market has slowly drifted to the neutral zone as most cryptocurrencies are either in consolidation or in decline. The most popular cryptos like Bitcoin, Ethereum, Solana, and others have been struggling for days per CoinmarketCap. However, a few have managed to peak from time to time, maintaining the slow growth of the market.

Today, 22 June is no different as the global market cap is around $2.35 Trillion, whereas the trading volume is $64.58 Billion, which is on the average side for this month. Before the market trend changes, check out the top cryptocurrencies that have made profitable recoveries today.

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Mog Coin (MOG)

Leading the cryptos, MOG has witnessed a 20% surge in the last 24 hours, leading the cryptocurrencies in today’s recovery. It is currently trading at $0.0000009611 with a market capitalization of $346,885,614. MOG is coming out of the deep correction after setting an all-time high of $0.000001794 in the last 30 days. The recovery might lead to a surge due to the increased network activity, as the trading volume has surged to $21,611,998 after a 32% hike.

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MAGA (MAGA)

MAGA is surging again after all the Trump-themed meme coins had a decline. In the last 24 hours, MAGA has surged 15% and is currently trading at $0.00025 with a market cap of $97,583,016. This surge is part of its monthly rally, where it has gained 124% in the last 30 days, creating an all-time high of $0.0007461 in the May end.

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Solama (SOLAMA)

After bearing a 36% decline over the month, Solama has made progress today, gaining 17% to bring its value to $0.01764. Moreover, it has a market cap of $11,536,130 and a trading volume of $497,100. However, this is not the best performing day, as this cryptocurrency had its best performance during March’s rally, creating the all-time high target of $0.1486, 88% higher than the crypto’s current value.

MAGA (TRUMP)

TRUMP meme coin had one of its biggest rallies recently, creating an all-time high of $17.52, bagging 48662% gains over the year. As of now, the value has declined more than 50% and is currently at $8.08 with a market cap of $355,459,006. However, today has been quite bullish for this meme coin, where it has surged 11%, bringing its value from the down of $6.97.

Arweave (AR)

Arweave has been through multiple ups and downs recently, like most cryptocurrencies, where its value has fluctuated between $23.89 29.42. It has been a long for Arweave’s biggest rally, where it rose to the all-time high of $90.94 set three years ago. However, after bagging 10% in the last 24 hours, the AR price is currently at $27.96 with a market cap of $1.8 Billion.

Not only this, but a few other cryptocurrencies are also on the recovery trail, saving the market from complete loss. In the list, we have JasmyCoin, Pendle, PEPE, and many others despite the bearish nature of the market.

Continue Reading Solana ETF Is Next In Line, Buy These Solana Coins For High Returns

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Pooja Khardia
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.
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