Today, the total value of stocks in the global market took a significant hit, decreasing to $2.31 trillion following a 5.35% drop. The trading volume also saw a decrease of 2.43%. However, Bitcoin‘s dominance remains strong. This situation serves as evidence of the market downturn and uncovers the top cryptocurrencies experiencing gains or losses for the day.
During the recent market downturn, some newly emerged cryptocurrencies have shown exceptional growth, while others experienced significant drops in value. Astute investors are adept at identifying these trends and capitalizing on both the profitable and loss-making cryptocurrencies to maximize their returns.
So, in this blog, let us discuss the top crypto gainers and losers.
Top Crypto Gainers and Losers
In simpler terms, the crypto market map shows most cryptocurrencies in red due to the recent market downturn, but a select few have managed to withstand the crash so far.
According to the latest crypto market data, among the top performers and underperformers, CORE, OKB, and LEO have seen gains, while CKB, WIF, and BONK have experienced losses.
1. Core (CORE)
Despite the challenging crypto market conditions, Core has emerged as the leading cryptocurrency and earned a spot on both the top gainers and losers lists. In an impressive 24-hour span, the value of the Core token has surged by 29%, reaching a value of $2.31. Earlier in the day, the price peaked at an astonishing $2.8203 – the week’s highest point.
The company’s market value now stands at an impressive $2.03 billion following a substantial 28.24% increase. Notably, the trading volume has experienced a significant boost of 188.28% in just the past 24 hours, resulting in a value of approximately $697 million.
2. OKB (OKB)
Today, OKB experienced a significant increase of 7.18 dollars, reaching a value of $59.41. This surge was accompanied by a market capitalization of over 3.5 billion dollars, following a 7.23% price rise. However, this is not the highest value achieved by OKB today; earlier in the day, it peaked at $61.67.
In spite of the market decline, the number of OKB transactions remained unchanged. Surprisingly, the transaction value reached a peak of $49,247,952, marking a significant increase of 350.46%.
3. UNUS SED LEO (LEO)
UNUS SED Leo is the last gainer in the list of top crypto gainers and losers today, as no other cryptocurrency has managed to stay bullish. It has surged 0.24% in just a day, bringing the value to $5.90 with a market cap of $5,460,588,854 after a 9.26% surge. However, the trading volume is declining, as the current value comes to $2,040,696 after a 1.90% drop.
Amidst the unpredictable market swings, it’s noteworthy that LEO has achieved its strongest gains to date.
4. Nervos Network (CKB)
Over the past day, the price of CKB has consistently decreased, resulting in a 18.82% drop, now priced at $0.02219 with a market cap of $975.6 million. Regrettably, this downturn didn’t start just recently; over the past month, the price has plummeted by an alarming 32.44%.
In this case, the reduction in transactions led to the price decrease. The trading volume has shrunk by 21.32%, amounting to approximately $111,520,268.
5. dogwifhat (WIF)
dogwifhat has lost the position of crypto gainers and has entered into top losers in this top crypto gainers and losers list. After months of price surges, the token started to follow a downtrend after setting an all-time high of $4.85, sixteen days ago. The meme coin is currently trading at $2.57 after facing a drop of 15.28% in just a day and a 34.83% drop this week.
The market capitalization and trading value of it have decreased by 15% and 19.59%, respectively, causing these figures to become $2,566,313,970 and $803,043,278.
6. Bonk (BONK)
In March, there was significant interest in the cryptocurrency BONK. However, it couldn’t sustain its upward trajectory and instead experienced a downturn. The price of BONK has decreased by 52.24% over the past month, and more recently, it has fallen an additional 15.83%. At present, BONK is priced at $0.00001412, and its market capitalization stands at $920,446,725 following a 15.86% decrease in value.
Instead of a drop in price and market capitalization, the trading activity has significantly increased. In just the past day, the trading volume has jumped by nearly 10%, resulting in a value of $146,401,041.
Final Thoughts On Crypto Gainers and Losers For Today
In simpler terms, the recent drop in crypto values has made it obvious that many coins are experiencing significant gains or losses. Only a handful have managed to avoid negative returns. This market downturn is believed to be a correction before an anticipated Bitcoin halving event and subsequent price surge.
Additionally, the Crypto Fear and Greed Index showed a decrease in its reading as the market transitioned from an extreme greed state to a greed state with a score of 60. Let’s stay tuned for further developments in the market.
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2024-04-16 15:59