Three Cryptocurrencies Gaining Strong Bullish Traction This Week

Crypto markets are seeing a burst of momentum in select altcoins, with social buzz, exchange listings, and key project milestones fueling sharp price moves.

Based on CoinMarketCap’s momentum metrics – which track news sentiment, social media chatter, and price velocity – three names are emerging as standout gainers.

Gitcoin (GTC): Up 63.8% in 24 Hours

Gitcoin, an Ethereum-based platform for funding open-source projects, has staged a remarkable rally ahead of its August 15 Gitcoin 3.0 “Sensemaking” report. The initiative aims to spotlight priority funding areas in the Ethereum ecosystem, drawing heavy community involvement. Social engagement exploded over 7,500% in a single day, with technical indicators like the RSI sitting deep in overbought territory at 89.9. The next test will be whether enthusiasm holds once the report drops, as traders eye potential profit-taking.

Useless Coin (USELESS): Up 34.9% in 24 Hours

This meme coin’s latest surge was sparked by its appearance on Coinbase’s listing roadmap earlier this week. Trading volume nearly tripled within 24 hours, propelled by speculation and retail FOMO rather than any core utility. While the listing buzz has captured attention, the lack of fundamental use cases means price action could remain volatile – particularly if large holders decide to cash out post-listing.

Definitive (EDGE): Up 44% in 24 Hours

Definitive, a DeFi trading terminal token, has been on a steep climb since Revolut added it to its platform on August 11. With access to Revolut’s 60 million–plus user base, EDGE has jumped to the top of transaction rankings on the Base network and recorded a 628% surge in volume. Analysts suggest Revolut’s backing could help sustain demand, though long-term momentum will hinge on continued growth in platform adoption.

While the broader market remains mixed, these three tokens are showing outsized strength — though each for very different reasons, ranging from fundamental network growth to pure speculative frenzy.