The crypto market, known for its relentless volatility, is a playground for investors seeking rapid returns. Witness the rapid ascent of digital assets as they defy market expectations and surge to new heights. In the past 24 hours, certain cryptocurrencies have demonstrated bullish momentum, outshining others and capturing the attention of traders worldwide. According to CoinMarketCap data, let's delve into the details of the top crypto gainers of the last 24 hours during this period.
Leading the pack is Sei (SEI), with a current price of US$0.7588 and an impressive 30.69 percent gain in the last 24 hours. SEI's surge raises eyebrows, signaling potential opportunities for investors looking to capitalize on the bullish trend.
Mina (MINA) has also experienced a noteworthy uptrend, boasting a 23.42 percent gain within the last day. MINA is priced at US$1.64 and showcases resilience in a market known for its constant flux.
WEMIX (WEMIX) emerges as another strong contender, recording a 21.58 percent gain in the last 24 hours and currently priced at US$2.99. This gain positions WEMIX among the top performers, enticing traders with the promise of substantial returns.
Astar (ASTR) joins the ranks of unstoppable gainers, with a 21.50 percent surge in the past day and a current price of US$0.1642. ASTR's ascent adds to the dynamic landscape of crypto, illustrating the swift movements that can occur within short time frames.
Sui (SUI) closes the top five gainers with a 16.56 percent increase in the last 24 hours, reaching a price of $0.8891. SUI's performance showcases the diverse opportunities available within the crypto space.
While top crypto gainers are stealing the spotlight, it's essential to keep an eye on the reigning king, Bitcoin (BTC). The current Bitcoin price stands at US$42.5K, with a modest 0.2% increase in the last 24 hours. Despite a subdued start for BTC bulls, the market cap remains robust at US$832 billion, with a trading volume of US$16.1 billion.
Ethereum (ETH), however, has encountered minor bearish activity at the beginning of the year. With a marginal 0.24% dip, ETH is currently valued at US$2285, holding a market cap of US$279 billion and a trading volume of US$6.9 billion. The RSI's upward movement contrasts with the MACD in the red zone, reflecting the ongoing tug-of-war between bulls and bears for market dominance.
Filecoin (FIL) emerges as a top gainer, surging by 16% to trade at US$7.1. FIL's market cap sits at US$3.4 billion, supported by a trading volume of US$917 million. Favorable indicators include the RSI's upward trend and the MACD residing in the green zone, signaling buying pressure and hinting at a short-term pump for Filecoin.
Bitcoin SV (BSV) has recorded a substantial 12.4% gain, reaching US$105. The market cap is $2 billion, with a trading volume of US$431 million. The RSI in the overbought region and the MACD in the green zone underscore the bullish trajectory for BSV, suggesting potential short-term gains.
Maker (MKR) concludes the list of top gainers with an 8.6% surge, attaining a price of US$1718.2. The market cap for MKR is US$1.5 billion, accompanied by a trading volume of US$88 million. The RSI in the overbought region and the MACD in the green zone indicate a bullish future for MKR, highlighting potential upward movement in the short term.
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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.