SEND surges 360%, dForce jumps 160%, BTC struggles to reclaim $100k

By crypto.news | Created at 2024-12-21 16:21:33 | Updated at 2024-12-22 03:17:31 11 hours ago
Truth

The price of SEND and dForce jumped triple digits, while Bitcoin shows clear signs of struggling to reclaim $100,000.

The cryptocurrency market is showing signs of recovery after the recent slump. Ethereum (ETH), which fell as low as $3,000, has managed to push above $3,400.

Bitcoin (BTC) has also shown slow reversal, with prices hovering around the $97,000 level. Meanwhile, a community token on Solana (SOL) called Send (SEND) has seen its price surge by over 360%.

SEND price chart SEND 1D Price Chart From CoinGecko

The price of SEND has gone up from a 24-hour low of $0.01468 to as high as $0.1626 before falling to its current level. The coin is also up by over 4,700% in the last 30 days.

The SEND team has released their Solana agent kit, which is an open-source toolkit for connecting AI agents to Solana. This development could be one reason for its price surge.

Introducing the Solana Agent Kit –– an open-source toolkit for connecting AI agents to @solana.

Now, any agent, using any model –– can autonomously perform 15+ Solana Actions — like trade, launch tokens, lend, zk airdrop, execute blinks, and launch on AMM.

More 🧵 pic.twitter.com/R4IYlyAbvr

— SendAI (@sendaifun) December 20, 2024

Coming second on the list of the top gainers in the last 24 hours, dForce (DF) price pumped by over 160%. The coin’s price has gone up by over 200% in the last 30 days.

While there haven’t been any technical developments that could have triggered a price surge, the only evident development has been their recent Optimistic winter campaign.

SEND surges 360%, dForce jumps 160%, BTC struggles to reclaim $100k - 1 1D price chart from CoinGecko

Third on CoinGecko’s top gainer’s list is Odos (ODOS). The project’s native token, ODOS, has pumped 90% in the last 24 hours.

The surge was primarily because of Binance’s revelation of its fourth batch of project tokens as part of its Binance Alpha initiative.

Binance Alpha is a new feature that showcases tokens that could be listed on the exchange. The latest list included ODOS, which could have helped in its recent pump.

SEND surges 360%, dForce jumps 160%, BTC struggles to reclaim $100k - 2 ODOS 1D price chart

The project also announced that it will soon arrive on Bybit, where the exchange is hosting an Odos giveaway.

Read Entire Article