As always, we analyzed the crypto market of the last 24 hours and put together the list of the top 10 crypto gainers and losers. Let’s dive right into it!
Top Crypto Gainers
Highlights
The past 24 hours saw an exhilarating rally in the cryptocurrency markets, with several tokens posting impressive gains. Verge (XVG) led the pack, which posted a remarkable 59.03% gain, climbing to a price of $0.0039. This is a significant turnaround from the previous day when it was amongst the biggest losers, having decreased by 11.82%.
Another notable performer was Compound (COMP), which rose 20.40% to a price of $62.98, a considerable improvement from the previous day’s decrease of 8.24%. It appears that investors have regained confidence in this DeFi token, which forms the backbone of one of the most renowned lending platforms in the crypto-verse.
ATOR Protocol (ATOR) also saw a significant uptick in its value, posting an 18.31% gain to reach a price of $0.511. FantasyGold (FGC), which was the biggest gainer the previous day with a remarkable 307.07% gain, posted a comparatively modest 15.38% increase to reach $67.17.
Acala Token (ACA) and Flow (FLOW) both saw positive gains of 13.69% and 12.02%, respectively, with Acala Token rising to $0.058 and Flow to $0.714. The Graph (GRT), Celo (CELO), Komodo (KMD), and Pendle (PENDLE) also made impressive gains, all posting a rise above 10%.
Details
| Name | Symbol | Current Price | Percent Change 24h |
|---|---|---|---|
| Verge | XVG | $0.0039 | 59.03 |
| Compound | COMP | $62.98 | 20.40 |
| ATOR Protocol | ATOR | $0.511 | 18.31 |
| FantasyGold | FGC | $67.17 | 15.38 |
| Acala Token | ACA | $0.058 | 13.69 |
| Flow | FLOW | $0.714 | 12.02 |
| The Graph | GRT | $0.117 | 12.02 |
| Celo | CELO | $0.535 | 11.91 |
| Komodo | KMD | $0.271 | 10.86 |
| Pendle | PENDLE | $0.954 | 9.83 |
Top Crypto Losers
Highlights
However, not all cryptocurrencies enjoyed the same fortunes over the past 24 hours. MetisDAO (METIS) saw the most significant drop, plunging by 8.17% to $19.04. This was closely followed by FTX Token (FTT), which fell by 8.42% to $1.65. The FTT’s decline continued from the previous day when it was the biggest loser, dropping by a substantial 24.06%.
NYM (NYM) and Tokamak Network (TON) also had a tough 24 hours, with NYM falling to $0.173 (an 8.50% drop) and TON falling to $1.37 (a 9.09% drop).
Global Currency Reserve (GCR), which had a significant gain of 127.90% the previous day, plummeted by 15.14% to $2.14. Another previous day’s gainer, Locus Chain (LOCUS), also took a hit, falling by 16.12% to $0.032. However, the biggest drop of the day was experienced by Status (SNT), which fell by a staggering 18.32% to $0.024.
Details
| Name | Symbol | Current Price | Percent Change 24h |
|---|---|---|---|
| MetisDAO | METIS | $19.04 | -8.17 |
| FTX Token | FTT | $1.65 | -8.42 |
| NYM | NYM | $0.173 | -8.50 |
| Tokamak Network | TON | $1.37 | -9.09 |
| HEX | HEX | $0.0075 | -10.34 |
| Celsius | CEL | $0.186 | -11.53 |
| Global Currency Reserve | GCR | $2.14 | -15.14 |
| Locus Chain | LOCUS | $0.032 | -16.12 |
| Dione Protocol | DIONE | $0.0034 | -17.94 |
| Status | SNT | $0.024 | -18.32 |
Wrapping Up
In the unpredictable world of cryptocurrencies, fortunes can shift rapidly, as evidenced by the contrasting performances of these tokens over the last 48 hours. It’s a reminder that while the potential for high returns is present, the risk of significant losses is also inherent in this volatile market.
As we navigate this dynamic landscape, remember the importance of thorough research, risk management, and informed decision-making. Stay tuned for more insights into the world of cryptocurrencies.