CoinMarketCap’s Top Gainers Over Past 24 Hours

Published 22/08/2023, 12:29
CoinMarketCap’s Top Gainers Over Past 24 Hours
ZEC/USD
-
COMP/USD
-

  • CoinMarketCap ranked AKT, OP, COMP, RUNE, and ZEC as its top 5 gainers over the past 24 hours.
  • AKT’s decision to make its entire Cloudmos code openly accessible to the public seems to be the fuel behind its success.
  • Along with being a top gainer, Santiment shared several bullish on-chain metrics relating to OP’s recent price surge.

Most cryptocurrencies are still bleeding after the latest market crash. However, some tokens like Akash Network (AKT), Optimism (OP), Compound (COMP), THORChain (RUNE), and Zcash (ZEC) have proven their resilience as they were some of the very few cryptocurrencies that saw their price rise over the past 24 hours of trading.

Akash Network (AKT)

According to CoinMarketCap, AKT was worth about $1.52 at press time after its price soared by more than 11% throughout the past day. This price rise was accompanied by a 23+% increase in the altcoin’s intraday volume. As a result, AKT’s price stood at around $5,322,041.

AKT’s expansion seems to be driven by several fundamental aspects that the protocol is showcasing. This includes the decision to make its entire Cloudmos code openly accessible to the public. Investors seem to be captivated by the notion that AKT has the necessary qualities to establish itself as a big player in the realm of decentralized cloud computing.

Compound (COMP)

CoinMarketCap ranked COMP as the 2nd largest gainer after its price climbed 5.23% over the past day, which left the token trading at $44.06. However, COMP still has some work to do to fully recover from the market turbulence as its weekly performance was down by more than 20%.

Read Also : Compound (COMP) Price Prediction 2023-2030

Optimism (OP)

Third on CoinMarketCap’s gainers list was OP. The altcoin’s price rose by more than 5% since yesterday. Consequently, OP was trading at $1.56, which was a new 24 hour high set by the cryptocurrency.

Santiment highlighted OP’s resilience after sharing a post on Twitter yesterday that revealed that the project’s active addresses reached 22.9K. This was the 5th highest it has been in 2023. Additionally, whale and shark addresses holding 100K -1M coins held nearly triple the amount of tokens compared to a year ago.

Read Also : Optimism (OP) Price Prediction 2023-2030

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.