Cryptocurrency prices rebounded on Saturday, with Bitcoin moving above $97,500 and the market cap of all tokens soaring to $3.25 trillion. The crypto fear and greed index exited the fear zone and moved neutral at 43. So, let’s explore some of the top-performing crypto market stories of the day.
Crypto market today: February 15
The biggest crypto market gainers on Saturday were tokens like Mantra (OM), Official Trump (TRUMP), Dogwifhat (WIF), XRP, and Lido DAO (LDO).
Mantra price surges
Mantra, the giant network in the real-wold asset (RWA) tokenization industry, staged a strong comeback and surged to a record high of $8. It has had a strong rally as its token was trading below $1 12 months ago.
The current phase of the surge was triggered by an exchange listing by Bybit, one of the biggest crypto exchanges in the crypto industry. This listing gives its token access to millions of customers, a positive move.
Mantra price has surged amid speculation that the RWA industry will continue firing on all cylinders over time. It recently struck a deal to tokenize assets worth over $1 billion for DAMAC, a leading property developer in Dubai.
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Official Trump Coin price surges
The TRUMP coin has been a big disappointment after crashing from over $100 last month to below $15 this month. Recently, however, the token has done well in the crypto market as it jumped to near $25.
This recovery is because of the ongoing meme coin rebound and the fact that some traders have started to buy the dip. There are also signs that the Securities and Exchange Commission (SEC) will approve a spot TRUMP ETF.
A complete rebound to its all-time high of over $100 would signal a 400% surge from the current level.
XRP price surges as ETF hopes jump
The XRP price jumped to $2.8 on Saturday morning, a 50% surge from its lowest level this month. It has moved to its highest level since February 1.
The token has soared as investors anticipate that a spot XRP ETF approval will happen as soon as in the first quarter. An ETF launch would be a positive catalyst for the coin as it would attract about $8 billion in inflows in the first yea, according to JPMorgan analysts.
XRP is also doing well because of the growth of the XRP Ledger network, whose ecosystem has started to thrive. Some of the top players in that ecosystem are Ripple USD (RLUSD), Coreum, and Sologenic. Technicals suggest that the XRP price will surge to last year’s high of $3.40.
Meme coins surge
The other top theme in the crypto market was the surge of meme coins as investors bought the dip. Dogwifhat, a top meme coin in the Solana ecosystem was one of the top-performing token on Saturday as it jumped by over 15%. The other notable ones were SPX6900, Dogecoin, Bonk, and Jasmy.Cryptocurrency prices may continue soaring now that the US inflation data is behind us and the fact that traders have embraced the new normal of tariffs in the United States.
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