Altcoins Shine Amid Dogecoin Weakness
While Dogecoin continues to edge lower, altcoins like Voxies (VOXEL) and Broccoli have stolen the spotlight with massive gains over the past 24 hours. VOXEL has surged 178.8%, now trading at $0.1166, up from just $0.04152 a day earlier — adding to a 7-day run of 340%.
The spike in price came with a surge in volume, which reached $463.44 million, representing a 577.79% increase from the previous day.
Manipulation Concerns Cloud VOXEL’s Rally
Despite the impressive rally, some market watchers are raising red flags. Crypto analyst Ash Crypto commented:
“This is the new level of manipulation. $VOXEL market cap = $27M but $700M+ in futures volume. Same playbook as $AERGO.”
Crypto exchange Bitget has flagged the VOXEL/USDT pair for unusual trading activity, confirming that an internal investigation is underway.
Broccoli Price Surges on Major Ecosystem Update
Broccoli has also been on a tear, up 140% over 24 hours and 450% in the last month. Unlike VOXEL, Broccoli’s price movement appears to be rooted in positive project news.
According to a statement from the team:
“Broccoli is Building – and So is Our Ecosystem. Today, we’re proud to unveil our brand new Ecosystem Section.”
The announcement details 50+ completed integrations and plans for 100+ more, suggesting major expansion and increased adoption in the pipeline.
NKN Climbs 93% Without Clear Catalyst
Another altcoin making headlines is NKN, up 93.5% in the last 24 hours with no clear news or update from the project. It rose from $0.02123 to $0.04331, sparking theories of a speculative rally.
One trader, Ultimae GL, speculated:
“NKN? Alright, Binance is pumping tokens that are about to be delisted. Let’s see if NKN gets pumped too.”
This adds to growing concerns over potential exchange manipulation in low-cap altcoins.
DOGE Slides While Others Rise
Meanwhile, Dogecoin remains under pressure. The meme token is down 2%, currently priced at $0.15, and appears to be losing momentum as smaller-cap tokens dominate today’s trading action.
