This week started off on a very bullish note with the whwole market being in the green and a lot of altcoins reaching new all-time highs (ATH).
Bitcoin recently rose $86,000, boosting investor santiment, which led to an incredible upswing for the market – some of the top 100 cryptocurrencies by market cap even managed to surge by more than 100%. So let’s take a look at the top 5 bigest crypto gainers today.
First and foremost, Peanut the Squirel (PNUT) made the most impressive surge today, with its price peaking above $0.4, after a surprise Binance listing. This jump represents a notable 290% uptick in the past 24 hours with a $1 billion trading volume, and over 900% in the past 7 days – this propelled the altcoin’s market cap to around $400 million.
Cronos (CRO) is the biggest gainer among the top 100 cryptos, surging by more than 35% in the past 24 hours to $0.17, reaching a trading volume of around $458 million and a market cap of $4.5 billion.
The “memecoin king” Dogecoin (DOGE) registered 14.3% on the daily charted and shot up to $0.32 with a trading volume of over $19 billion. In the past 7 days DOGE managed to gain more than 100% and registered a market cap of $47 billion, positioning itself in the #6 spot.
Ethena (ENA) broke the $0.64 level after gaining 14% in the past 24 hours with $1.1 billion in trading volume. The altcoin is still up 88% on the weekly chart.
Last but not least, Near Protocol (NEAR) reached $5.46 after surging more than 13% today and 50% in the past 7 days. Currently, NEAR has a market cap of around $6.64 billion
Crypto analytics firm Alphractal has released new insights into the altcoin market, highlighting RAY as the token with the highest long-to-short ratio among major altcoins.
The dream of Dogecoin reaching $1 is alive and well among its community, even though the coin remains stuck under $0.20.
Donald Trump’s memecoin project has seen a noticeable shift in activity following his announcement of exclusive rewards for major tokenholders, including a private dinner and a possible White House tour.
Momentum is building around Solana (SOL), with some market watchers suggesting it could soon surpass Ethereum (ETH) in performance if the crypto market heats up again.