5 Cryptocurrencies Towards Price Surge This Week

Coingapestaff
January 23, 2023
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Cryptocurrencies Price

After the recent price surge, the crypto market is slowly recovering. Many cryptocurrencies are moving toward the bull run. Bitcoin, the world’s largest and most popular crypto, has finally managed to cross the $22k mark, which also resulted in the global crypto market cap surpassing $1 trillion.

Here are the top 5 cryptocurrencies toward price rally this week:

Bitcoin (BTC)

Experts remain conflicted on whether bitcoin has bottomed out yet. The world’s most popular cryptocurrency is currently trading at $22,873.73 with a 24-hour trading volume of $24,501,749,438. BTC has surged by nearly 0.61% during the day. Interestingly, during the last seven days, it has increased by 9.72% making it one of the best cryptocurrencies making a tremendous surge.

Source – CoinMarketCap

Ripple (XRP)

XRP has gained the trust of both financial institutions and investors. It is one of the currencies that have been doing fine during the last couple of weeks is Ripple, an open-source, permissionless, and decentralized technology. XRP’s price has been up by 5.74% in the last 24 hours.

Shiba Inu (SHIB)

Shiba Inu has been one of the top gainers over the last couple of weeks. SHIB’s price has turned green in the last 24 hours due to the bullish market. Its current price is $0.0000121 – 0.56% higher than in the previous 24 hours, making it one of the best cryptocurrencies to consider this week.

Cardano (ADA)

Cardano possesses unique characteristics that could help increase its real-world adoption. With continued developments taking place within the ecosystem and in the crypto asset market as a whole, the coin has been performing really well. According to Wallet Investor’s prediction, Cardano is a good short-term investment option.

Source – Wallet Investor

Polkadot (DOT)

Polkadot is an open-source shared multichain protocol. The current price of DOT is $6.37 with a one-day trading volume of $287,474,470. Polkadot has risen by nearly 2.28% during the past 24 hours. It currently holds the 12th position on CMC.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.