Top Crypto Gainers Of the Week: The cryptocurrency market has experienced a remarkable surge this past week, with notable gains across various digital assets. Blur (BLUR) leads this week’s pack with an impressive 81.84% increase in value. This surge has pushed its market capitalization to a substantial $745,691,508. Interestingly, this uptick follows BLUR’s recent listing on Binance, a major cryptocurrency exchange.
BLUR/USD price chart (source: CoinMarketCap)
However, in the past 24 hours, the bullish trend encountered resistance, failing to surpass the 24-hour high of $0.6803. This resistance led to a slight dip in BLUR’s price to an intra-day low of $0.5771. Despite this minor setback, BLUR’s current trading price at $0.6128, though 1.59% lower from its intra-day high, still marks a significant rise.
This fluctuation in price, coupled with a 23.56% decrease in the 24-hour trading volume to $710,480,557, indicates some selling pressure yet underscores the strong investor interest in BLUR.
Stepn (GMT) follows BLUR, with a 39.79% rise in its price, bringing its market capitalization up by 24% to $480,446,261 in the last week. Significantly, GMT has shown bullish dominance in the previous 24 hours, climbing from a low of $0.2761 to a 30-day high of $0.3484. If GMT overcomes the $0.3484 resistance, the next level to watch would be $0.3800, hinting at potential future growth.
GMT/USD price chart (source: CoinMarketCap)
Mina (MINA) is not far behind, showcasing a 31.39% upswing in price and a 7.54% increase in market capitalization, now at $809,478,228. The 24-hour trading volume for MINA also leaped by 38.60% to $276,901,892, reflecting heightened investor interest and market activity. Even after facing early bearish momentum, MINA’s price rallied from a low of $0.7312 to a 24-hour high of $0.8745 before encountering resistance. MINA trades at $0.8033, a 7.87% rise from the previous day’s close.
MINA/USD price chart (source: CoinMarketCap)
Synthetix (SNX) and ApeCoin (APE) also recorded significant gains, increasing 30.61% and 29.75%, respectively. SNX’s market value has risen to $1,065,531,694, while APE’s market capitalization now sits at $506,587,613. Despite starting the day under bearish influences, SNX reversed the trend, its price moving from a 24-hour low of $3.35 to an intra-day high of $3.79. SNX is priced at $3.65, slightly above the intra-day high.
SNX/USD price chart (source: CoinMarketCap)
APE’s trajectory was consistently upward throughout the day, reaching a peak of $1.73 before a modest pullback. APE is priced at $1.76, a 16.32% increase from its 24-hour low. This rise is underpinned by a 16.30% surge in market capitalization and a remarkable 269.58% increase in the 24-hour trading volume to $217,016,367, signaling strong demand and investor confidence in APE.
APE/USD price chart (source: CoinMarketCap)
Read Also: Solana (SOL) Makes History With About 51M Surge in Daily Transactions
Michael Saylor has hinted at another major Bitcoin purchase, marking the firm’s 13th consecutive acquisition…
The Shiba Inu team has launched a significant upgrade to Shibarium. This is aimed at…
Solana Foundation manager Vibhu has publicly challenged Ripple executives and XRP community members to a…
Teucrium Trading LLC has reportedly filed for a Flare ETF. The move comes as the…
Governor Christopher Waller has called for another Fed rate cut in December. This comes as…
BitMine has made a fresh bet on Ethereum, acquiring 7,660 ETH worth about $29 million…