Several altcoins are posting massive gains despite Dogecoin’s downward trend, with Voxies (VOXEL) and Broccoli leading with triple-digit increases over the past 24 hours.
Voxies has surged 178.8% in the last 24 hours, trading at $0.1166 from a low of $0.04152. This recent surge continues VOXEL’s pump of 340% over the past week.
Trading volume has also jumped alongside the price, touching $463.44 million, which is a 577.79% increase in just 24 hours.
Analyst Ash Crypto cautioned on X: “This is the new level of manipulation. $VOXEL market cap = $27M but more than $700 Million volume in futures. First $AERGO now this, please be careful.”
Bitget also announced that they noticed abnormal trading behavior in the VOXEL/USDT contract trading pair. They also mentioned that they are investigating, and more details will be announced soon.
Second on the top gainers list is Broccoli with a 140% surge over the past 24 hours. Like VOXEL, Broccoli has shown strong longer-term performance, up 450% in the last 30 days.
Unlike VOXEL, Broccoli’s price movement coincides with a major project announcement. The team recently shared details of their ecosystem expansion: “Broccoli is Building – and So is Our Ecosystem. Today, we’re proud to unveil our brand new Ecosystem Section.”
The announcement highlighted that the project has already integrated with over 50 platforms and is actively working on more than 100 additional integrations.
NKN has jumped 93.5% in the last 24 hours, trading at $0.04331 from a 24-hour low of $0.02123. Despite the impressive gains, there haven’t been any notable developments from the NKN project that would explain the price surge. This has led to speculation among traders about the nature of the rally.
Analyst Ultimae GL suggested on X: “NKN Alright, Binance is pumping tokens that are about to be delisted. Let’s see if NKN gets pumped too.” This comment hints at potential manipulation rather than organic growth driven by fundamentals.
While these smaller altcoins post notable gains, Dogecoin (DOGE) continues its downward trend. Dogecoin price is currently at the $0.15 level, down over 2% in the last 24 hours.
