MUBARAK Jumps 52% in 24 Hours as MARSCOIN, FORM Gain More Than 20%
Summary
- Buying interest spread across the broader altcoin market alongside Bitcoin’s rebound, sending some tokens including MUBARAK to double-digit gains.
- MUBARAK rose past $0.06 to trade at $0.068, posting a 24-hour gain of 52%, while MARSCOIN and FORM climbed 23.61% and 22%, respectively.
- Glassnode said signals for the altcoin cycle had shifted from Bitcoin season to altcoin season as Bitcoin rebounded to around $86,000.
Forecast Trend Report by Period
Buying interest spread across the broader altcoin market alongside Bitcoin’s rebound, sending some tokens including MUBARAK to double-digit gains.
Odaily, a cryptocurrency-focused media outlet, reported on September 22 that MUBARAK had climbed past $0.06 and was trading at $0.068. The token was up 52% over the past 24 hours.
MARSCOIN also rose above $0.12, gaining 23.61% over the same period. FORM posted a short-term rebound and advanced 22%.
Bitcoin has recently rebounded to around $86,000, fueling risk appetite across the altcoin market. Glassnode said on September 22 that signals for the altcoin cycle had shifted from Bitcoin season to altcoin season, and that unlike the rally in August, the latest advance was lifting the broader altcoin market together.
