The value and interest in altcoins are rising as investors use profits from BTC to invest in smaller coins. XRP increased by 177% in the past 30 days, while Dogecoin and Cardano rose by 140% and 186%, respectively.

Major coins like Ethereum have surpassed key resistance levels, further solidifying faith in altcoins. Axie Infinity (AXS) also recorded a 43% increase in just 2 weeks.