Altcoins Surge as Ethereum Faces Price Challenges
While Ethereum grapples with maintaining the $1,600 mark, some altcoins are soaring. Wayfinder (PROMPT), Magic Internet Money (MIM), and Bitcoin Wizards (WZRD) are leading the pack.
Wayfinder has surged 179.2% in the past 24 hours, trading at $0.5043. This rally stems from a triumphant airdrop, where 40% of PROMPT tokens were distributed. The token is now listed on major exchanges like bitget and KuCoin, boosting its visibility.
Social media has also fueled PROMPT’s rise, with the token trending on X.Its market cap now stands at $113 million.
Magic Internet Money (MIM) is the second top gainer, up 147% to $0.003587.This surge is linked to a token migration plan. Holders of Bitcoin Wizards (WZRD) can claim MIM until April 15.
WZRD has also seen a 127.5% increase, reaching $2.50. Both tokens are trending on social media as users discuss the migration.
despite these gains, Ethereum faces price pressure. Bitcoin, however, shows stability around $83,000.
