Today, many cryptocurrencies experienced a decline in price, causing a setback for the crypto market. However, there are some exceptions to this trend that we’ll cover in this blog as promising gains in the crypto world.
In the recent price drop, Bitcoin has decreased to $68,850, representing a 2.6% decrease within a day. Similarly, Ethereum has experienced a 3.46% decline and is now priced at $3501.77. Despite this, both Bitcoin and Ethereum have improved from their positions a week ago.
Which cryptocurrencies not only weathered the storm but thrived during this market downturn? Let’s explore that instead.
Top Crypto Gainers For Today
Less well-known cryptocurrencies such as CKB and Pendle currently feature on the list of today’s crypto gainers. These digital assets have recently gained traction amongst traders, making them more sought-after in the market.
Nervous Network (CKB)
CKB is the top performer of the crypto gainers list. It has surged 14.31% in just a day, pushing the value to $0.03694, which is just 16.5% away from its all-time high value. The token has finally surged after two and half years of wait and is on the best price performance of these two and half years.
The token has experienced an remarkable rise of 117% during this peak, resulting in a market capitalization of $1,619,254,012. This surge led to a significant increase of 13.63%. Moreover, the trading volume for the token has gone up by 12.96%, leading to a value of $350,748,559.
Ethena (ENA)
For the past week, ENA has experienced significant growth in the cryptocurrency market, with its value increasing by a total of 92%. This digital currency was also included in the list of the top weekly crypto gainers. Currently, it is being traded at $1.32 following a daily price rise of 6.27%. ENA is now only 7.11% below its all-time high of $1.45, which was reached just a few hours prior to this report.
Yesterday, the trading volume was significantly higher at $1,460,845,732, marking a 21.14% decrease to its current level of $1,149,370,941. In contrast, the market cap has experienced a notable increase, rising by 6.48% to reach $1,888,451,932.
Bittensor (TAO)
TAO’s price reached its highest point in mid-March, but this peak quickly turned into a decline. However, TAO has bounced back strongly, rising by 5.58% in a single day and is currently being traded at $606.66. The token previously set an all-time high price of $756.61 in March, which it is now only 20% below.
The company’s market value has grown to $3.99 billion following a 5.65% price increase, while its 24-hour trading activity has jumped to $72.12 million due to a significant 90.74% volume surge.
Pendle (PENDLE)
The price of PENDLE has reached a three-year peak, hitting an all-time high of $7.32 only two days ago. This achievement solidifies Pendle’s place among the top crypto gainers. At present, it is being traded at $6.58, representing a 13% gap from reaching its previous record high. Over its entire lifespan, Pendle has experienced a remarkable increase of 246%. Within the last 24 hours alone, its value has climbed by 6%.
The market capitalization has increased by 5.96%, amounting to $1,573,271,082, and the trading volume has risen by 6.98% to reach $190,064,710 in the past 24 hours.
Conclusion
The cryptocurrency market experienced a 4.45% decrease today, leading to a drop in its total capitalization. However, some top-performing cryptos, including Chainkiadorn Key Base (CKB), Ethana (ETHANA), TaoTao (TAO), and Pendle (PENDLE), have managed to buck the trend and register gains.
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2024-04-10 19:43