Analyzing The Biggest Crypto Gainers of The Day

With Bitcoin price targeting a new ATH and the shift of investors’ sentiments to greed, the crypto market has made a big recovery today. The overall crypto market cap has surged to $2.63 Trillion, whereas the trading volume is up to the highest point of the month with $146.47 Billion, confirming the market recovery for now. Moreover, the entire crypto market heatmap is stained in green, highlighting all the profits of the day. On that note, let us look at the biggest crypto gainers of the day to analyze how they performed recently to see whether they are worth the investment or not.

Lido DAO (LIDO)

After witnessing a 403% surge in its trading volume, Lido DAO has become the top crypto gainer of the day, with a TV value of $440,316,774. Moreover, the LIDO price is also up by 28%, pushing the value to $2.25 after a lagging last few days. Overall, its price is up by 34% in a week, lifted from a low of $1.53 to $2.34 earlier. However, Lido DAO has a long way to go, as it rose to a year-high of $3.78 in March.

Bonk (BONK)

Bonk has continued to upsurge for a month now, as the price has increased 53% in this interval. In the last 24 hours only, BONK price has increased 29% from yesterday, pushing the value to $0.00003243, the highest in two months. After a 145% increase in its trading volume, BONK is among the biggest crypto gainers today. Now, BONK is just 30% away from its all-time high target of $0.00004704 set almost three months ago.

Uniswap (UNI)

Uniswap began to rally yesterday, marking a 20% hike in the last 24 hours. Overall, the UNI price is up by 34% in the week, pushing the value to $9.34 with a market cap of $5,591,343,394. Moreover, the trading volume is up by 140%, with $354,996,325 in value. Uniswap has initiated a similar surge as of March, where it rose to a two-year high of $15.39.

Ethereum (ETH)

Under the hype of Ethereum Spot ETF, Ethereum is a gainer of a 21% surge and is currently trading at $3,759.80 with a market cap of $451,630,957,949. Moreover, ETH is still bullish, and the price may continue to rise to $4k, as it did in March. Ethereum price is at its best in weeks as the crypto market correction and SEC’s take on Spot ETF brought the prices down. If Ethereum gets the approval, it might surge to a new ATH of $6K.

Pendle (PENDLE)

Pendle is now just 16% away from its all-time high target of $7.52, set a month ago. At the time of writing, Pendle price is at $6.39 after a 19% surge in the last 24 hours. Moreover, its market cap and trading volume is at $976,300,447 and $294,059,196. Pendle is one of the biggest crypto gainers today for its continued price surge for a week, bringing a 59% price increase.

The list of crypto gainers doesn’t end here, as Arbitrum, PEPE, Gnosis, and many more have performed very well in the market, fetching big gains for their holders. It has to see how these cryptocurrencies will behave next and whether they will be able to maintain their gains or not.