Top 5 Crypto Gainers of the Week

In the fast-paced world of cryptocurrencies, volatility is the name of the game. This week, a handful of cryptocurrencies have outperformed the rest and displayed impressive gains of over 20%. coinmarketcap And is attracting the attention of investors from all over the world. These top performers demonstrate how unpredictable the cryptocurrency market is, with frequent rapid price fluctuations. Examining the top achievers provides deep insight into current trends, investor sentiment, and important developments in blockchain and digital assets. Let's look at the performance data of each of these top crypto gainers.

1. Core

Price: $2.61

Market Cap: $2.24 billion

CORE has emerged as the top gainer of the week, showing a staggering 102.39% price increase over the past seven days. With a market capitalization of $2.2 billion, Core has secured its position as a major player in the cryptocurrency market, ranking 52nd in the market.

The significant jump in price was accompanied by a 24-hour trading volume of $318.6 million, reflecting increased investor interest and market activity. Additionally, the circulating supply of CORE is 878,020,396 CORE, which provides information about the distribution of the token and the potential for future price movements.

The surge in core prices is due to core daoThe introduction of CoreBTC provides a trusted connection of Bitcoin to the core chain in DeFi. CoreBTC prioritizes the security of Bitcoin to establish it as the primary asset of DeFi.

2.Athena (ENA)

Price: $1.10

Market Cap: $1.58 billion

Athena (ENA) has shown an impressive price increase of 59.89% in the last week, solidifying its position in second place among crypto gainers. Athena is ranked 70th in the ranking, with a total market capitalization of $1.58 billion. The substantial price increase was supported by a large trading volume of $1.02 million within 24 hours, indicating high investor interest and market participation.

In addition, the presence of 1,425,000,000 ENA in circulation of Athena provides important information on the market behavior of the token and its further development prospects.

surge in ena price This is due to a strategic airdrop, early adoption, and rapid market capitalization growth. The claim page for $ENA is live, with popularity growing from a successful sharding campaign and availability on major exchanges. Athena Labs integrates ENA for decentralization and launches “The SATS Campaign” for market expansion. Binance Futures promotion further boosted the price of ENA.

3. Pendle

Price: $7.17

Market cap: $1.69 billion

During the last week, Pendle (Pendley) It has seen a significant price increase of 51.92%, solidifying its rank as the third-largest crypto gainer. Pendley is ranked 66th based on market capitalization of $1.69 billion. The outstanding performance included a trading volume of $291.9 million in 24 hours, reflecting the increased interest of investors and market activity.

The total number of Pendleys in circulation is 239,185,588. The amount plays a key role in determining the rarity of the token and its potential to increase in value.

The massive rise in Pendley's price has been driven by a rapid increase in total value locked (TVL), which reached $4 billion in April. The surge in TVL signals growing acceptance for tokenizing and trading future yields. Additionally, Ethereum restaking and USDE token launch contributed to Pendle's growth.

4. Flare (FLR)

Price: $0.04441

Market cap: $1.65 billion

flare network (FLR) has shown a strong performance, with its price increasing by 27.96% in the past week, solidifying its rank in fourth place among crypto gainers. Flair is ranked 68th based on market capitalization of $1.65 billion.

Even with a low 24-hour trading volume of $50.85 million, Flare has successfully maintained the positive trend in the market. Additionally, the circulating supply of 36.8 billion FLR for the Flare token provides insight into how the token is distributed and its potential impact on price movements.

Flare Network's FLR price surge is due to reach a milestone Of the 482,000 wallet addresses on-chain. The protocol is making changes in the AI ​​field and establishing itself as an oracle protocol.

5. Bitget Token (BGB)

Price: $1.26

Market cap: $1.78 billion

During the last week, bitgate token (BGB) comes in fifth place among crypto gainers. Its price has seen a significant increase of 23.14%, reaching an all-time high of $1.38 on April 03, 2024. Bitget Token has a market capitalization of $1.78 billion, which places it at 64th place in terms of market cap ranking.

The price increase was supported by a trading volume of $42.2 million in 24 hours, reflecting investor participation and market movement. Examining the 1,400,000,000 BGB in circulation provides valuable information about the liquidity of the Bitget token and its prospects for future growth.

conclusion

All of these crypto gainers have experienced a significant increase in value within the last week along with high levels of trading activity. These patterns indicate growing interest from investors driven by advancements in technology, growing adoption, and broader market sentiment towards decentralized technologies. By analyzing market cap rankings as well as price movements, trading volume, and circulating supply, investors can gain a comprehensive understanding of each crypto's position in the market and make informed investment decisions. As investors navigate the dynamic landscape of cryptocurrency investing, these top gainers offer opportunities for significant returns, provided they do thorough research and exercise caution.