Bitcoin and Ethereum Show Minor Movements
The cryptocurrency markets displayed a notable calm on September 23, as traders adopted a cautious stance following the Federal Reserve's recent decisions. Bitcoin (BTC) rose to a multi-week high of $64,741 before correcting to $63,377, while Ethereum (ETH) increased slightly to $2,680. This behavior echoed the stock market's stability, with major indices like the Dow Jones, Nasdaq 100, and S&P 500 exhibiting minimal changes.
Neiro's Unexpected Surge
While many cryptocurrencies remained stable, Neiro (NEIRO), a popular meme coin, experienced a dramatic rise, reaching a record high of $0.0012. This surge elevated its market capitalization to over $484 million, making it the ninth-largest meme coin. Neiro's ascent allowed it to surpass other meme coins, such as Book of Meme, Cat in a Dog’s World, and Mog Coin.
Immutable X's Gaming Impact
Immutable X (IMX), a notable layer-2 network designed for gaming and non-fungible tokens (NFTs), climbed to $1.9481, its highest since June 4. The cryptocurrency has seen seven consecutive days of growth, doubling from its August low. Immutable's popularity among game developers fuels its growth. Recently, Immortal Rising 2 was launched on its zkEVM network, marking a significant milestone for the network with its substantial global player base. Other newly released games, including RavenQuest Phase 2, The Tree Verse, and Arise, have spurred increased NFT sales on Immutable. According to CryptoSlam, total sales rose over 16% to $3.4 million in the past week, led by Guild of Guardians Heroes, which saw a 17% sales increase.
Arkham's Chart-Pattern Boost
Another standout performer was Arkham (ARKM), which reached $1.42, its highest point since July 19. The token gained traction due to the detailed data within its ecosystem. Arkham's price recovery followed a double-bottom chart pattern on the daily chart—a bullish indicator in technical analysis. Surpassing its neckline at $1.40, Arkham hints at further potential gains.
