FLR, PENGU, WLD surge with altcoin market’s highest close in eight months
- Flare edges higher by 4%, extending the nearly 15% gains from Tuesday.
- Pudgy Penguins stretch the bullish run for the third consecutive day.
- Worldcoin ticks lower after a nearly 13% jump on Tuesday.
The total cryptocurrency market capitalization, excluding Bitcoin (BTC), hit a daily close of $1.53 trillion, the highest in eight months. The altcoin market has recorded a 30% surge in July so far, suggesting a capital rotation from Bitcoin to altcoins, which indicates an altcoin season may be around the corner.
Total crypto market cap, excluding Bitcoin, daily price chart.
As altcoins heat up, Flare (FLR), Pudgy Penguins (PENGU), and Worldcoin (WLD) post double-digit gains over the last 24 hours, outpacing the broader cryptocurrency…
