The global cryptocurrency markets showcased a remarkable display of volatility on July 12, 2023. As prices fluctuated, some digital currencies made significant gains while others faced steep declines. Here’s an in-depth look at the day’s winners and losers.
Crypto Gainers
Ontology Gas (ONG) was the day’s star performer. The cryptocurrency shot up a staggering 42.95% to end the day at $0.324. The dramatic surge demonstrates Ontology Gas’s increasing popularity and the potential for significant returns on investment.
Another winner was Wrapped Kava (WKAVA), which climbed 30.36% to close at $2.15. The impressive performance of WKAVA signifies the growing investor confidence in its potential.
Bitgert (BRISE), a relatively lesser-known coin, also experienced a fruitful day, marking a gain of 17.53% to reach a price of $0.000000261433. FTX Token (FTT) followed closely, growing by 17.15% to finish the trading day at $1.62.
Snek (SNEK) recorded a commendable performance, ending the day at $0.000411388 after an increase of 16.85%. This performance underscores the potential of lesser-known cryptocurrencies to deliver substantial returns.
Other cryptocurrencies making notable strides include Decimal (DEL), which rose 14.29% to close at $0.016, and both Polymath (POLY) and Lyra (LYRA), which saw a 14.13% increase to finish at $0.143 and $0.095 respectively. Steem (STEEM) and PlayDapp (PLA) rounded up the list of top gainers with 13.22% and 12.40% increases to close at $0.204 and $0.176, respectively.
Top 10 Crypto Gainers
| Name | Symbol | Current Price | Percent Change 24h |
|---|---|---|---|
| Ontology Gas | ONG | $0.324 | 42.95 |
| Wrapped Kava | WKAVA | $2.15 | 30.36 |
| Bitgert | BRISE | $2.61433e-07 | 17.53 |
| FTX Token | FTT | $1.62 | 17.15 |
| Snek | SNEK | $4.11388e-04 | 16.85 |
| Decimal | DEL | $0.016 | 14.29 |
| Polymath | POLY | $0.143 | 14.13 |
| Lyra | LYRA | $0.095 | 14.13 |
| Steem | STEEM | $0.204 | 13.22 |
| PlayDapp | PLA | $0.176 | 12.40 |
Unfortunate Descenders
Not all cryptocurrencies fared well on July 12th. AVINOC (AVINOC) witnessed the day’s sharpest decline, plummeting a massive 54.85% to close at a price of $0.157. The sharp downturn is a reminder of the extreme volatility that cryptocurrencies can exhibit.
ARAW (ARAW) also had a tough day, seeing a steep fall of 19.05% to finish at $0.021. Cannation (CNNC) followed suit with a decline of 18.93%, closing at $20.79.
FantasyGold (FGC) experienced a decline of 18.20% to end the day at $31.63, while Escroco Emerald (ESCE) slipped 12.01% to reach $0.052. Other notable decliners include Hifi Finance (HIFI), which fell 11.38% to end at $0.342, and Cartesi (CTSI), with a decrease of 10.72% to end at $0.158.
The day was also disappointing for Centurion (CNT) and Verge (XVG), which shed 9.66% and 9.50% of their value to close at $1.16 and $0.0070 respectively. Metacraft (MCT) concluded the list of top ten losers, dropping 8.69% to end the day at $0.711.
Top 10 Crypto Losers
| Name | Symbol | Current Price | Percent Change 24h |
|---|---|---|---|
| Metacraft | MCT | $0.711 | -8.69 |
| Verge | XVG | $0.0070 | -9.50 |
| Centurion | CNT | $1.16 | -9.66 |
| Cartesi | CTSI | $0.158 | -10.72 |
| Hifi Finance | HIFI | $0.342 | -11.38 |
| Escroco Emerald | ESCE | $0.052 | -12.01 |
| FantasyGold | FGC | $31.63 | -18.20 |
| Cannation | CNNC | $20.79 | -18.93 |
| ARAW | ARAW | $0.021 | -19.05 |
| AVINOC | AVINOC | $0.157 | -54.85 |
These trends are a clear demonstration of the fast-paced nature of the cryptocurrency markets. As ever, they highlight the importance of thorough research and due diligence before making any investment decisions in this volatile sector.