"Don't look down, this crypto has the potential to go up a lot."
There is no denying that the entire cryptocurrency market has recently seen a decline, but it is worth noting that there are some altcoins that have managed to soar significantly higher.
Through observation, the price of Bitcoin (BTC) moved flat at the beginning of Wednesday and is now still below $30,000 while Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC) including Solana (SOL) also experienced losses.
So here we can see XRP down 4%, SOL around 6.13% and not forgetting Ethereum (ETH) down 1% at $1,822, Polkadot (DOT) slipped 3.26% followed by Polygon (MATIC) trading up in the past few days but starting to drop over 6% at $0.63.
Additionally, the largest memecoin DOGE saw a plunge of 4.86% while Shiba Inu (SHIB) fell 2.45% in the last 24 hours.
However, the situation is different for SEI which has jumped 2,504% at $0.20 in the past 24 hours when Sei Labs, the organization responsible for layer-1 of the Sei blockchain, declared the mainnet fully operational.
Not only that, BONE which is today's best performing memecoin also rose over 5% at $1.59 as investors started to show interest in SHIB and BONE following the launch of Shibarium.
Despite falling back around 13.72%, Hedera (HBAR) showed impressive gains last week after the Federal Reserve (Fed) payment platform called FedNow started using Dropp, a micropayment network.
Please note that Apecoin (APE) is also able to jump high following the popularity of non-fungible token (NFT) Yuga Labs is able to attract many investors to APE even though its price is now down more than 10% at $1.81.
