.png){kind=logo}
The cryptocurrency market is up 7.5% over the past 24 hours, hitting the overall cap of $1.05 trillion after a tough weekend. The market value fell to $966 billion on Saturday following news of the Silicon Valley Bank collapse.
Similar bankruptcies of signatories (not to mention Silvergate Bank) may make it harder for cryptocurrency companies to bank now, but intervention by US regulators has helped stabilize the market. and was able to recover from the loss.
Also, some coins earn more than others. In this article, we have compiled the top 10 cryptocurrency earners of the day:
SNX surged 30% in the last 24 hours to reach $2.83. However, it remains down 8% over the past week, despite rising 18% over the past 30 days. The SNX indicator is showing very strong momentum, suggesting that today's rally could continue for some time.
Apart from today's overall market recovery, SNX is driven by the continued launch of Synthetix V3, which promises to make the decentralized asset insurance protocol more efficient and interoperable.
CFX is also up 30% over the last 24 hours but remains down 5% over the past 7 days.
However, at $0.189695, the coin has surged 233% over the past month, making it one of the best-performing coins of the period.
The indicator suggests that the recent rally can continue, with the RSI starting to rise again after falling for the past few days.
Similarly, the 30-day moving average shows no signs of stopping above 200 days, although there could be a correction sooner or later.
MKR is at $876.92, up 26% over the past 24 hours, but is still down 7.5% over the past 7 days following last week's plunge.
MKR is also up 13% in two weeks and 23% in the last 30 days, and the coin is up 70% since early 2023.
That indicator suggests there is still room for an upside as the RSI rose to almost 60 from 40 a few days ago.
OP is up 23% in the last 24 hours and the current price of $2.31 is down 5% in a week.
The OP is down 23% over the past two weeks and 4% over the last 30 days, even though the coin is up 151% year-to-date.
The OP's success this year is large because Coin Base last month announced Base, its own Layer 2 network using Optimism's development stack.
Love Hate Inu is a meme token that uses blockchain technology to enable a secure and transparent voting system.
It delivers real value by allowing users to vote on issues that matter, providing a platform for community engagement and decision-making.
Fight Out revolutionizes the Metaverse with a unique gaming platform that encourages users to compete and win in different competitive modes.
The key to success on this platform is the user's avatar attributes. This can be improved through actual training with the Fight Out app.
The FIL at $5.80 is up 18% over the past 24 hours, after falling 5% over the past week. However, the FIL is still up 19% in the last 30 days and the coin's price is still not above the 30-day moving average, so there is still plenty of room for the next surge before it becomes overbought.
LDO is up 17.5% over the past 24 hours, while the $2.48 price is up 160% year-to-date. The RSI of LDO, the native token of the staking platform Lido Finance, is starting to recover after being in an oversold position.
At $0.132583, GRT is up 17% over the past 24 hours but is down 6% over the week and 20% over the past month.
At $0.912447, IMX is up 15% in a day, down 13% last week, and down 5% over the last 30 days.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.
