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
XRP has garnered significant attention due to its volatile price movements and its potential to reshape the global financial system.
The UAE has officially approved its first stablecoin backed by the UAE Dirham, marking a pivotal moment in the nation’s cryptocurrency landscape.
Ethereum’s recent surge above $4,000 has sparked a significant move from Justin Sun, the founder of Tron.
Cardano (ADA) finds itself at a critical juncture, trading at $1.01, as it faces the possibility of dropping below the key $1 threshold.