XLM has emerged as the top-performing cryptocurrency over the last 24 hours, surging by more than 100%. Several other altcoins, including XRP and Cardano (ADA), have also seen significant gains. Short positions have been heavily liquidated, with over $7 million worth of XRP shorts wiped out in 24 hours.
In fact, it is one of the best-performing cryptocurrencies, dwarfing the gains of such major altcoins as Ethereum .
This is a stunning start for the cryptocurrency that has been dominating throughout the fourth quarter. As reported by U.Today, it recently secured its yearly close to date in December. 44,623,604,014 SHIB Gone in 2024, Yearly Report Reveals More than $7 million worth of XRP shorts have been liquidated in 24 hours, according to data provided by CoinGlass. OKX, Binance, and CoinEx are the leading exchanges by the amount of liquidated crypto. Short positions account for nearly 80% of the wipeout. XLM has emerged as the best-performing token over the past 24 hours in the top 100, soaring by more than 100%. reported by U.TodayApart from XRP and XLM, several other altcoins have also secured impressive gains.
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