After a rocky start to the week, the broader altcoin market has started to recover, following Bitcoin’s (BTC) lead in a modest upward move. In the past 24 hours, the total crypto market cap rose by about 2%, reaching around $2.6 trillion during early trading hours in London on Tuesday.
While U.S. tariff threats against China continue to create uncertainty, fears of a crypto crash are slowly fading. Some of the countries affected by the U.S. tariffs are now looking to open negotiations with President Donald Trump’s administration, offering hope for improved global market sentiment.
Chainlink (LINK) jumped more than 11%, trading around $11.59 at the time of writing. The mid-cap altcoin, with a fully diluted valuation (FDV) of about $11.5 billion, is once again testing a key support level above $10 that was established in 2024. This could be a strong signal for a continued move upward.
Solana remains one of the most undervalued large-cap layer-1 blockchains compared to Ethereum, XRP, and BNB. With an FDV of approximately $65 billion, Solana could be heading toward a breakout phase and a new price discovery cycle in the months ahead.
Ondo (ONDO) is becoming more popular thanks to the growing adoption of DeFi protocols and the tokenization of real-world assets (RWA). The mid-cap altcoin rose over 12% in the past 24 hours and is now trading at about $0.756. Its FDV stands at around $2.38 billion, showing increasing investor interest.
Dogecoin, the leading memecoin, looks ready for a major rally based on trends from past bull markets. DOGE rose more than 13% in the past day and is currently trading around $0.15. With an FDV of roughly $22 billion, it may be entering a phase of rapid upward movement.
Even though it’s been in a short-term downtrend, the frog-themed Pepe (PEPE) token could soon stage a strong comeback. Its daily trading volume rose 26% to about $1.2 billion on Tuesday. With an FDV of approximately $2.63 billion, market momentum may be starting to turn in its favor.
The Official Trump (TRUMP) memecoin—endorsed by U.S. President Donald Trump—is heavily oversold on the daily chart. After falling more than 89% from a high above $75 over the past three months, the token may be getting ready for a solid rebound in the near term.
PancakeSwap (CAKE) could be preparing for a significant recovery, backed by the ongoing expansion of its ecosystem and strong support from Binance. The small-cap altcoin, with an FDV of around $498 million, has been forming a long-term reversal pattern after several years in a downtrend.
So, while the big players wobble, keep an eye on these names – could be where the real action’s brewing.
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