In brief
- TAO, MNT, WLF, ASTER, DOGE and BNB are among the altcoins leading the post-crash recovery, with gains of up to 30%.
- Analysts told Decrypt that their utility, liquidity depth, and strong narratives are driving the rebound.
- Experts project a market consolidation phase through the second half of October.
A handful of altcoins are staging a significant recovery amid a fragile crypto market outlook following last Friday’s liquidation cascade, with analysts pointing to strong underlying narratives and liquidity support as the key differentiators.
The select group of assets leading the charge includes Bittensor (TAO), Mantle (MNT), World Liberty Financial (WLFI), Aster, Dogecoin (DOGE) and BNB, which have surged 30.5%, 22.7%, 18%, 17.6%, 10.7% and 8.1% respectively over the past 24 hours, per CoinGecko data.
This performance is far from random, experts told Decrypt.
“These aren’t random rebounds—they’re coins backed by either utility, liquidity depth, or narrative conviction,” Shivam Thakral, CEO of Indian exchange BuyUcoin, told Decrypt.
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Author: Akash Girimath
