Only these 9 crypto tokens are closer to their all-time high than Bitcoin right now
Only 9 non-stable tokens sit closer to ATH than Bitcoin because the market’s injury stays concentrated elsewhere
Bitcoin remains to be 43.26% under its all-time high. On the floor, that determine reads as a reminder of unfinished restoration. In relative phrases, it locations Bitcoin in a stronger place than many of the market.
A reside CryptoSlate market snapshot exhibits BTC at $71,606 towards an ATH of $126,198.
After excluding stablecoins and gold-backed tokens, solely 9 property within the desk sit closer to their peak than Bitcoin: UNUS SED LEO, Sky, Kite, Canton Network, TRON, Hyperliquid, MemeCore, Siren, and Stable. That is a slender exception record in a market nonetheless outlined by deep peak-to-current injury.
$70,937.64
+2.09%
$1.42T
$38.06B
$126,198.07
Those 9 property don’t belong to a single class. Some are massive and liquid sufficient to assist a critical relative-strength dialogue. Some are newer, thinner, or extra structurally idiosyncratic. That break up clarifies the leaderboard: Bitcoin stays effectively under its peak, but its drawdown baseline nonetheless sits forward of just about the complete non-stable market.
That baseline at the moment stands at 43.26%. Any token with a smaller drawdown than that has preserved extra of its cycle advance than BTC. Only 9 names within the snapshot meet that threshold. Everyone else has already slipped farther from peak than Bitcoin.
The record begins with LEO, which stands simply 5.53% under its ATH. Then the hole opens. Sky is 24.33% under peak. Kite is 24.56% under. Canton Network is 28.06% under. TRON is 29.77% under. Hyperliquid is 31.10% under. MemeCore is 37.08% under. Siren is 39.18% under. Stable is 39.70% under. Bitcoin follows at 43.26%.
That sequence exhibits the place resilience is concentrated and the place it begins to skinny out. LEO sits in its personal class. Sky and Kite occupy a separate zone within the mid-20s. Canton, TRON, and Hyperliquid kind the following rung within the high-20s to low-30s.
MemeCore, Siren, and Stable maintain a slimmer benefit over BTC. Bitcoin then turns into the dividing line between the brief exception record and the remainder of the market.
Bitcoin remains to be carrying a considerable drawdown. The wider market is carrying extra
The stablecoin and gold-backed exclusions are simple. Stablecoins are designed round worth stability. Gold-backed tokens categorical gold efficiency. Neither group provides a clear learn on crypto-native danger retention from the cycle peak.
Once these classes are stripped out, the leaderboard turns into extra helpful and extra attention-grabbing.
Within that cleaned set, the comparability shortly shifts towards peer high quality. LEO, TRON, and Hyperliquid are essentially the most credible large-scale exceptions within the snapshot. LEO carries an $8.71 billion market cap and sits 5.53% under peak. TRON carries a $29.33 billion market cap and sits 29.77% under peak. Hyperliquid carries a $10.5 billion market cap and sits 31.10% under peak.
These are the property that assist a extra sturdy comparability with Bitcoin on scale, liquidity, and market relevance.
The remaining 9 nonetheless depend, although every wants context. Canton Network sits at a $5.33 billion market cap. Sky sits at $1.77 billion. MemeCore sits at $2.39 billion. Siren sits at $1.7 billion. Kite and Stable every are available in under $600 million in market cap.
| # | Name | Ticker | Price | 24H % | 7D % | 30D % | 90D % | Market Cap | 24H Vol | ATH | % ATH |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 13 | UNUS SED LEO | LEO | $9.4 | -0.2% | +4.2% | +16.6% | +15.7% | $8.7B | $349.8K | $10 | -5.6% |
| 42 | Sky | SKY | $0.08 | +7.8% | +4.4% | +20.7% | +16% | $1.7B | $27M | $0.1 | -24.3% |
| 88 | Kite | KITE | $0.2 | +3.5% | +29.1% | +0.3% | +177.9% | $436.2M | $130.1M | $0.3 | -24.5% |
| 19 | Canton Network | CC | $0.1 | -3.1% | -6% | -13.2% | +37% | $5.3B | $12.6M | $0.1 | -28% |
| 8 | TRON | TRX | $0.3 | -0.4% | +2.7% | +8.7% | +11% | $29.3B | $489.7M | $0.4 | -29.7% |
| 10 | Hyperliquid | HYPE | $40.9 | +5.6% | +0.3% | +49.5% | +66% | $10.5B | $367M | $59.3 | -31.1% |
| 34 | MemeCore | M | $1.8 | +7% | -1% | +30.9% | +35.9% | $2.3B | $13.8M | $2.9 | -37% |
| 43 | siren | SIREN | $2.3 | +128% | +165% | +729% | +3,245% | $1.7B | $90.9M | $3.8 | -39.1% |
| 76 | Stable | STABLE | $0.03 | +8.6% | +1.8% | -4.1% | +161.8% | $583.2M | $29.9M | $0.05 | -39.7% |
| 1 | Bitcoin | BTC | $71,606 | +1.3% | -1.2% | +8.2% | -18% | $1.4T | $41.6B | $126,198 | -43.2% |
A transparent hierarchy emerges from that break up.
Even after a extreme correction, Bitcoin is holding up higher than virtually the complete market, with solely a brief record of exceptions and an excellent shorter record of higher-quality exceptions.
The percentage-point unfold versus Bitcoin makes that hierarchy simpler to see. LEO is forward of BTC by 37 proportion factors on the drawdown measure. Sky is forward by 18 factors. Kite by 18. Canton by 15. TRON by 13.5. Hyperliquid by 12. MemeCore by 6. Siren by 4. Stable by 3.5.
Those spreads produce three distinct zones.
First, there may be the clear outperformance group. LEO belongs there by itself phrases, whereas Sky, Kite, Canton, TRON, and Hyperliquid maintain a considerable cushion over Bitcoin’s 43% baseline.
Second, there may be the marginal benefit group. MemeCore, siren, and Stable nonetheless sit forward of BTC, although by a a lot thinner margin. A comparatively small transfer would erase that edge.
Third, there may be the remainder of the market, the place drawdowns have already widened past Bitcoin’s baseline.
That setup creates a reside threshold to watch. The subsequent step facilities on whether or not the present 9 can proceed to maintain their lead over BTC’s drawdown line, or whether or not that exception record begins to contract as Bitcoin stabilizes and weaker relative performers slip behind it.
That dynamic is a rating of the place issues stand right now. It can be a means to monitor how relative energy evolves underneath strain. Bitcoin’s place in that framework is very necessary as a result of BTC nonetheless capabilities because the market’s baseline asset.
Bitcoin stays the market baseline
When Bitcoin loses floor, the remainder of the market often takes its sign from there. When Bitcoin preserves extra of its cycle positive factors than many of the subject, that factors to the place capital has remained extra sturdy and the place structural demand has stayed firmer.
A 43% drawdown nonetheless carries weight. Relative to the broader market, it additionally describes a a lot stronger place than the headline determine alone suggests.
However, it nonetheless sits deep in retracement territory, putting Bitcoin in an uncommon place, wounded in absolute phrases, resilient in relative phrases, and nonetheless defining the baseline the remainder of the market has to beat.
This leaderboard is unlikely to keep static. The backside of the exception record already sits just a few proportion factors forward of Bitcoin. MemeCore is forward by 6 factors. siren by 4. Stable by 3. A modest intraday change in relative efficiency would reorder that part shortly. Even additional up the record, continued strain might slender the benefit held by Sky, Kite, Canton, TRON, or Hyperliquid.
Going ahead, can any of these 9 proceed to maintain closer to their all-time highs than Bitcoin, or does BTC’s 43% baseline develop into the road that extra of them ultimately fall behind?
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