Amid the stability of major cryptocurrencies like Bitcoin and Ethereum, several smaller altcoins are showing impressive growth. Notably, Fair and Free, Derive, and Kled AI are taking the spotlight.
Overview of Altcoins Growth
Bitcoin is currently facing resistance at the $105,000 level, while Ethereum hovers around $2,500. During this period, Fair and Free (FAIR3) has surged 55.9% in the last 24 hours, reaching a price of $0.03335.
Fair and Free: Rebranding and Price Surge
The project recently underwent a rebranding, unveiling a new visual identity. The Fair and Free team stated that this change marks 'the next chapter of our mission.' The market reacted positively, with over 80% growth in a week.
Projects Derive and Kled AI: Impact of News and Initiatives
Derive has climbed 46.4%, reaching $0.03705, due to the announcement of their 'fully customizable trading terminal.' Kled AI also shows strong results with a 32.9% increase and a price of $0.02683, gaining attention through advertising campaigns in New York City and a token burn mechanism.
The current price fluctuations among small altcoins may attract investor interest, but caution is advised given the potential for corrections in such a volatile market.