In the last week, bitcoin’s value surged by over 14% while ethereum also experienced a notable 13% increase against the U.S. dollar. Alongside these top contenders, a considerable number of other cryptocurrencies have also enjoyed substantial gains throughout the seven-day span.
Top Coins Thrive as Market Value Hits $1.7 Trillion
Currently, the crypto market, featuring over 11,000 cryptocurrencies spread across 940 exchanges, is enjoying steady growth, with its total worth reaching $1.7 trillion, marking a 2.8% rise just in the last 24 hours.
The overall worth of the crypto market is on a consistent upward trajectory. While much of this growth is attributed to BTC and ETH, a multitude of other digital currencies are also witnessing impressive upticks.
Leading the charge this week with a significant 226% increase against the U.S. dollar is the meme coin bonk (BONK), followed by ORDI, which soared by 146%, and BTT, with a 117% jump, completing the trio of top weekly gainers with triple-digit surges.
Terra luna classic (LUNC) has seen a 72% growth this week, while beam (BEAM) recorded a 60% rise. Additional notable cryptocurrencies with double-digit growth include WEMIX (+60%), HNT (+51%), STX (+43%), and LUNA 2.0 (+40%).
When excluding BTC, ETH, USDT, and USDC, the frontrunners in global trade volume this week are SOL, XRP, DOGE, LINK, ADA, and BNB. These high-volume tokens have all registered increases ranging from 7% to 21% over the past week.
However, not every cryptocurrency enjoyed an upward trend over the week. maker (MKR) saw a 6.4% decrease, and Bitfinex’s LEO token dipped by 4.3%. TON also fell by 4.3%, BGB by 4.1%, and ILV by roughly 3.8%.
Other cryptocurrencies that experienced a downturn this week include KAS, AAVE, and OKB. In summary, only eight cryptocurrencies recorded losses against the U.S. dollar in the past week, while the rest either gained value or remained stable.
What do you think about this week’s biggest gainers and losers? Share your thoughts and opinions about this subject in the comments section below.
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