As of the evening of December 9, 2023, there was a significant increase in the value of the cryptocurrency Algorand (ALGO), which rose by 24.3% in a day, taking the 41st place in the ranking of leading cryptocurrencies. In addition to ALGO, other major digital currencies also showed growth: Avalanche (AVAX), Fantom (FTM), as well as well-known assets such as Cardano (ADA), Polkadot (DOT), Immutable (IMX), and others.

The price of ALGO reached $0.217, with its capitalization increasing to $1.74 billion, and the daily trading volume of this currency reached $289.19 million, increasing by 149.2%. As for AVAX, its value rose to $33.04, which is 17.6% higher than the previous day, the total coin supply amounted to $12.08 billion, and trading volumes doubled, reaching $1.95 billion.

FTM was traded at a price of $0.417, which is 16.6% higher than a day ago. The capitalization of this cryptocurrency amounted to $1.16 billion, and the trading volumes reached $217.97 million, increasing by 114.25%. IMX was sold 16.1% more expensive compared to the previous day, its price was $1.77, the total token supply was $2.28 billion, and the volume of transactions was $191.63 million.

ADA increased in price by 15.6%, with a trading price of $0.60 and a capitalization that reached $21.53 billion, which is 57.4% more than the last week. The trading volume over 24 hours was $2.71 billion. The price of Polkadot (DOT) reached $7.35, with the total coin supply on the market being $9.52 billion and daily transaction volumes of $727.6 million, increasing by 94.25%.

It is also worth noting that this week, Bonk (BONK), a meme-token based on the Solana network, broke into the top 100 cryptocurrencies, rising by 205% for the reporting period. It could be purchased at a price of $0.000013.