Polkadot Leads Altcoin Losses After Bitcoin Is Rejected at $52K – CoinDesk

Outside of the top 20, tokens of Ethereum rival blockchains took hits. Near (NEAR) and Cosmos (ATOM) – which surged last week as traders searched for the next ecosystem that could replicate Ethereum’s success – slid 8%, while Fantom (FTM) dropped as much as 9% in the past 24 hours, data from CoinGecko showed.

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