"Shock! These 5 major cryptocurrencies have soared this week. Is it time to buy gold at the bottom?
Even in the current relatively quiet cryptocurrency market, some currencies have topped the list of this week's cryptocurrency gains with impressive gains. So, who are these impressive currencies?
Recently, the global cryptocurrency market value has experienced a 6.79% decline, and many currencies have been affected. But surprisingly, some currencies still stubbornly rose against the market, and their gains are even more outstanding.
Even though the overall market value has declined, these currencies still achieved an astonishing increase of 76.67%, and their total market value has climbed to US$140.44 billion. This surge has undoubtedly injected a shot of adrenaline into the market, indicating that the market may usher in the dawn of recovery.
So, which cryptocurrencies have become the biggest gainers this week? Next, let's explore this eye-catching list of gains.
This week's cryptocurrency gainer
With the end of the second week of April, the Bitcoin halving event is getting closer. This week, Nervous appeared on the list of top gainers Network, Neo, Toncoin, Ethena and VeChain. How did they stand out in the market and become the champion of this week's growth? This is undoubtedly a topic worth our in-depth discussion.
1. Neural Network (CKB) leads the cryptocurrency growth list
This week, Nervous Network (CKB) It has become the biggest gainer in the cryptocurrency market. After a strong 39% increase, its trading price is firmly at a high of $0.02725. However, it is worth noting that CKB hit a three-year high of $0.03739 earlier on April 10, but the market fine-tuned in the following hours and the price fell slightly.
Dive deeper: The impact of hostile regulations on Bitcoin (BTC) price trends
CKB is also quite eye-catching on CoinmarketCap, sitting firmly at the 75th throne with a market value of $1,199,712,268. Even more impressive is that its trading volume has soared in the past 24 hours, with an increase of 43.72%, and the current value has soared to $321,751,287.
2. NEO rebounds strongly
This week, the price of NEO also showed a good upward momentum, successfully reaching its highest point in nearly two years at 23.$53. After a 31% surge, its current trading price is stable at $20.14.
However, affected by the overall volatility of the cryptocurrency market, NEO has also experienced a certain degree of correction in the past few hours, with its market value falling to $1,417,686,698 after a 9% drop. At the same time, Neo's trading activity has also decreased, with the current trading volume of $460,791, down 8% from before, or 440 fewer transactions.
3. TON hits a record high
This week, Toncoin's performance can be described as stunning, with a record high of $7.65 two days ago. Although the market has subsequently corrected, Toncoin is currently trading at a high of $6.81, up 27% in a week.
TON's ranking on CoinmarketCap has also risen, surpassing Cardano and ranking 9th. As one of the cryptocurrencies with the largest increase this month, TON has increased by a staggering 60%. Its market value has soared to $23,655,717,700, and its trading volume has soared 50% in the past 24 hours to $855,183,727.
4. ENA has emerged
This week, ENA has once again become one of the focuses of the cryptocurrency market, and it has topped the list of gainers for the second time. Its trading price has reached $1.30, with a week-on-week increase of 20.74%, and its market value has also climbed to $1,552,414,107. It is worth mentioning that as a newly launched project, the ENA token has shown a strong upward momentum since its launch, and has soared 88.45%.
In-depth analysis: Ethena and MEW: Which new token is more valuable for investment?
It is worth mentioning that earlier on April 11, ENA also created a record high of $1.52, which is only 15% away from the current value. Driven by a 68% surge in TON trading volume, its value was pushed to $1,554,603,973, making TON likely to surpass its ATH soon.
5. VeChain (VET) price steadily recovers
This week, VeChain prices also showed a steady recovery, with prices soaring 10%. Currently, the VET token is trading at $0.045 and has a market value of $3,279,440,994. Although the price has slightly corrected today, the trading volume has soared 14% to $248,846,434 in the past 24 hours.
*The above is not an investment advice
The article ends here. We are committed to the research of currencies with more than 10 times the potential and ambush in advance.
