Few altcoins are rallying despite the FTX FTT/USD fiasco that sent shockwaves to the overall crypto market.
What Happened: The top altcoin performer was Trust Wallet’s native token TWT TWT/USD that rallied over 100% in the past seven days as the price reached an all-time high of $2.27.
GMX, a decentralized futures platform, registered a new all-time daily high trading volume of $1.17 billion, as users flee from centralized exchanges and take custody of their wallets. GMX’s native token GMX/USD surged 15.30% in the past week.
See Also: Decentralized Exchanges
Fan-themed token Chiliz CHZ/USD posted significant gains of 7.33%, trading at $0.2428 as the FIFA World Cup is scheduled to take place in the next few days. The token witnessed a huge volume inflow and price surge due to its association with football franchises across the world.
Price Action: Apex crypto Bitcoin BTC/USD is trading at $16,728, up 1.01% in the last 24 hours. Ethereum ETH/USD is trading at $1,212, up 0.94%, according to Benzinga Pro.
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