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Terra Luna and Avax making gains during a sea of red

All Cryptocurrencies

by COINS NEWS 205 Views

The price of LUNA has risen by 47.05% in the past 7 days. The price increased by 11.16% in the last 24 hours. The current price is $81.03.

Avalanche has risen by 43.85% in the past 7 days, increasing by 4.90% in the last 24 hours. In just the past hour, the price grew by 2.18%. The current price is $113.80.

While most coins tend to follow the rise and fall of bitcoin. LUNA and AVAX are amongst a few coins that seem to buck the trend or start to recover earlier.

While these two have made gains, Bitcoin has fallen by 0.52% in the past 7 days. The current price is $46,761, down from $69,020 on the 10th of November.

Sub favourite Algorand has fallen by 3.73% in the past 7 days, declining by 4.48% in the last 24 hours. The current price is $1.31.

What are your thoughts on why these two coins (and a couple of others) are in the rise as BTC drops? Have they become disconnected from Bitcoin?

submitted by /u/dmack080288
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