Cryptocurrency

Best Performing Cryptocurrencies on April 23rd

Harshini Chakka

Check out the best performing cryptocurrencies on April 23rd in the cryptocurrency market

The cryptocurrency market experienced some significant changes on April 23rd. Akash Network and Gnosis led the way in terms of growth. The high price of Akash Network reached US$6.26 on April 24th. Other coins stand out from the rest as altcoins. They attract significant inflows. Check the best performing cryptocurrencies on April 23rd.

1. Akash Network:

Akash Network is a decentralized cloud computing marketplace. According to the latest data, the market price of the Akash Network token is US$6.26, a 54.55% increase, showing a bullish trend in the cryptocurrency. The trading volume of Akash Network is also very high, at US$140,193,116, indicating that there is a lot of investor interest in the market and active trading.

2. Gnosis

Gnosis, the decentralized prediction market, has seen a positive change in market dynamics. At the moment, the price of the gnosis token stands at US$395.69, a 6.36% increase. This development shows that the market is optimistic about the future of gnosis. The trading volume of gnosis is also very high, standing at a whopping US$20,812,800.

3. Pepe

Pepe is on the rise and is one of the best performing cryptocurrencies. Its current crypto price is US$0.000007121, and its market capitalization is 5.58%. The increase in Pepe's share price indicates that the market is bullish. Pepe's trading volume is also very high at the present exchange rate. At present, its trading volume is at the highest level at US$1,004,286,447.

4. Bittensor

Bittensor is one of the best performing cryptocurrencies. Its price currently stands at US$513.42, an increase of 5.53%. Its trading volume is US$55,854,127, which indicates that there is a lot of activity in the market. Bittensor's bullish trend could be attributed to a number of factors, such as investor sentiment, market trends, etc.

5. Immutable

Immutable may be one of the best performing cryptocurrencies in the market at the moment. At the moment, it is trading at US$2.38, a massive increase of 5.07%. This increase indicates that Immutable has a lot of momentum in the market. At the same time, the volume of trading in Immutable is very high at US$72,666,073.

6. Stacks

Stacks is among the best performing cryptocurrencies in the current market. Its price currently stands at US$3.02, representing a 4.99% increase. Stacks' high growth rate indicates that it has a high market momentum. It currently has a market capitalization of US$181,377,732.

7. Kaspa

Kaspa is a new-age blockchain project shaking up the cryptocurrency market. Kaspa is a proof-of-work cryptocurrency based on the GHOSTDAG protocol. At the time of writing, kaspa is trading at US$0.127, a 4.97% increase from yesterday's price, with a total volume of US$56.16 million.

8. Pendle

Pendle is an Ethereum-based DeFi protocol. It is one of the most widely used DETF protocols in the crypto market. Pendle allows users to trade, farm, and monetize tokenized yield assets. PENDLEUSD currently trades at the following prices: US$6.63 4.95%. The total trading volume is US$133.79 million.

9. NEAR Protocol

NEAR protocol is one of the top players in the blockchain space. It is a layer one blockchain network that allows developers to create decentralized applications (dapps). NEAR protocol is well-known for its sharded proof of stake, layer one blockchain that is easy to use, secure, and scalable. As of this writing, NEAR protocol is trading at US$7.19, with a 4.88% increase in price and a US$564,703,557 trading volume.

10. Arweave

Arweave is a peer-to-peer decentralized network that offers permanent data storage, just like Bitcoin, except for data. It has a market cap of US$34.51 and a market capitalization of US$98.66 million. Arweave's protocol is well-established, well-understood, and well-accepted, making the Arweave ecosystem completely decentralized. Arweave establishes a decentralized network inside an open ledger like Bitcoin.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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