Several altcoins post impressive gains on Sunday, despite the global cryptocurrency market remaining slightly bearish.

The total cryptocurrency market capitalization is currently at around $2.7 trillion. That's down 0.63% in the last 24 hours.

Several altcoins have posted impressive gains on Sunday, despite the global cryptocurrency remaining slightly bearish.

The total cryptocurrency market capitalization is currently at around $2.7 trillion. That’s down 0.63% in the last 24 hours.

Bitcoin (BTC) is trading below the $83,000 level, while Ethereum (ETH) has slipped 2.2% to $1,837.

FunToken (FUN) has doubled in value over the past 24 hours, while MMX and Enzyme (MLN) have also seen notable price increases.

FunToken has surged 101.3% in the last 24 hours, trading as high as $0.006304 from a low of $0.003132. This price action continues a week-long rally that has seen FUN climb nearly 200% in just seven days.

Despite the impressive gains, FunToken hasn't announced any major developments or partnerships that would typically drive such price movement. The token has also surfaced as one of the top gainers on Binance.

One market analyst highlighted FUN's potential on social media, noting its weekly chart pattern and suggesting a possible additional 2x gain due to the current high trading volume.

Second on the list as per CoinGecko is MMX. The token has climbed 79.9% in the past 24 hours, reaching $0.5586 from $0.2704.

Interestingly, MMX's current rally follows a period of sustained decline, with the token down approximately 15% over the past week, 40% over the last month, and 73% over the past year. Like FunToken, there are no clear fundamental drivers behind MMX's sudden price spike.

Third on the list is Enzyme (MLN), which has jumped 32.3% in the last 24 hours, trading as high as $11.33 from a low of $8.55.

Enzyme has a clear catalyst for its price movement, as the project was recently nominated in five categories at the upcoming Hedgeweek Global Digital Assets Awards 2025, bringing attention to the protocol and its native token.

We’re excited to announce that Enzyme has been nominated in 5 categories at the @Hedgeweek Global Digital Assets Awards 2025!

・Blockchain Technology of the Year

・Institutional DeFi Solution of the Year

・Solution Provider of the Year: Innovation

・Solution Provider of the Year: New Technologies

・Best Cryptocurrency Fund or Product (MLN)

Named in five categories for the upcoming Hedgeweek Global Digital Assets Awards 2025.

— Enzyme (@enzymeprotocol) October 21, 2024

The post Several altcoins surge over 100% as crypto market remains slightly bearish appeared first on ChainEdge.

Several altcoins have posted impressive gains on Sunday, despite the global cryptocurrency remaining slightly bearish.

The total cryptocurrency market capitalization is currently at around $2.7 trillion. That’s down 0.63% in the last 24 hours.

Bitcoin (BTC) is trading below the $83,000 level, while Ethereum (ETH) has slipped 2.2% to $1,837.

FunToken (FUN) has doubled in value over the past 24 hours, while MMX and Enzyme (MLN) have also seen notable price increases.

FunToken has surged 101.3% in the last 24 hours, trading as high as $0.006304 from a low of $0.003132. This price action continues a week-long rally that has seen FUN climb nearly 200% in just seven days.

Despite the impressive gains, FunToken hasn’t announced any major developments or partnerships that would typically drive such price movement. The token has also surfaced as one of the top gainers on Binance.

One market analyst highlighted FUN’s potential on social media, noting its weekly chart pattern and suggesting a possible additional 2x gain due to the current high trading volume.

Second on the list as per CoinGecko is MMX. The token has climbed 79.9% in the past 24 hours, reaching $0.5586 from $0.2704.

Interestingly, MMX’s current rally comes after a period of sustained decline, with the token down approximately 15% over the past week, 40% over the last month, and 73% over the past year. Like FunToken, there are no clear fundamental drivers behind MMX’s sudden price spike.

Third on the list is Enzyme (MLN), which has jumped