Most of the top 10 cryptocurrencies have earned back some of their lost value.
Major cryptocurrencies like Bitcoin, Ethereum, and Solana have shown signs of recovery on Wednesday, following a couple of days of decline.
As per the latest data, Bitcoin has gained 4.15% value in the past 24 hours. It dropped to 64,000 dollars on Monday but has since recovered and is trading at 67,164 dollars at press time.
On the other hand, Ethereum rose by 2.15% during the same period. The coin dropped to 3,100 dollars on Monday but has now recovered and is trading at 3,259 dollars.
Solana also showed signs of recovery, gaining 3.18% in the past 24 hours. It dropped to 163 dollars on Monday but has since recovered and is trading at 175 dollars at press time.
Meme Coins
A couple of Solana-based meme coins have garnered attention in the market after a 2-day-long slump. Both coins, namely SAMO and BONK, have shown signs of recovery on Wednesday.
As per the latest data, SAMO gained 10.28% in the past 24 hours. It dropped to 0.000040 dollars on Monday but has since recovered and is trading at 0.000053 dollars at press time.
Meanwhile, BONK rose by 6.15% during the same period. It dropped to 0.000001 dollars on Monday but has since recovered and is trading at 0.000002 dollars at press time.
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