In the aftermath of the FTX cataclysm, an intriguing revelation about the cryptocurrency sphere has emerged. Post-FTX crash, a mere octet of altcoins has succeeded in etching new pinnacle records in their valuation vis-à-vis Bitcoin.
This extraordinary datum sheds light on the resilient facets of the cryptocurrency market. Analyzing data subsequent to the FTX implosion, it was discerned that only 8 altcoins attained unprecedented all-time highs in Bitcoin parity against BTC.
8 Altcoins Have Achieved New Zeniths Against Bitcoin
The scrutinized data encompassed altcoins extant during the FTX fiasco.
FTX, once the luminary of cryptocurrency exchanges, encountered a monumental collapse, spiraling into oblivion along with user assets, leaving an indelible mark on the annals of crypto history.
Listed here are the 8 altcoins that soared to unparalleled heights in BTC parity post-FTX collapse:
- Render (RNDR)
- Tellor (TRB)
- Injective (INJ)
- Primer (ASTR)
- ssv.network (SSV)
- SingularityNET (AGIX)
- Trust Wallet Token (TWT)
- Binance Coin (BNB)
Preceding its downfall, FTX stood among the titans of the crypto exchange realm, catapulting Sam Bankman-Fried into the limelight as a business luminary and amassing a vast clientele utilizing the platform for cryptocurrency transactions.
Whispers of financial instability led to a frenzied withdrawal of deposits in 2022, expediting the firm’s disintegration and unmasking the illicit undertakings of Sam Bankman-Fried.