The top 3 cryptocurrencies that grew the most over the past day

According to analytical trackers, the top 100 cryptocurrencies include several digital assets that have brought profitability to their short-term holders. Among the tokens that showed the greatest growth over the past day: WOO Network, Render Token, and Conflux.

The leader in the reporting period was the WOO Network (WOO) token. Its rate rose to $ 0.2878, which once again allowed WOO to be in the top 100 list. The value of the token increased by 11.59% over the past day, and the market capitalization of WOO Network reached $ 489.5 million.

The second line in the list was taken by the Render cryptocurrency (RNDR). Over the past 24 hours, the digital asset grew by 8.33%, settling at $ 2.31. The total market capitalization of RNDR reached $ 812.52 million. Over the past 30 days, the value of the cryptocurrency has increased by 67.7%.

Conflux (CFX) took the third place, with its quotes rising by 7.5% over the past day. The market capitalization of CFX was fixed at $ 677 million. The cost of the cryptocurrency, which was supported by Chinese government agencies, is currently $ 0.322.

Conflux Network is a high-performance first-tier blockchain. The project was created as a competitor to Ethereum and was supported by Chinese government agencies. Investor and trader interest in CFX began in February after it was reported that Conflux developers had started cooperation with China Telecom, the second largest state-owned wireless operator in China. The partners announced the launch of a BSIM pilot program by the end of this year, with SIM cards supporting blockchain technology.

As for the market flagship, the value of bitcoin has not changed significantly over the past day — currently, BTC is trading at $ 29,087. However, on the night of May 3, the token managed to grow by 2.4%. This happened immediately after the end of the US Federal Reserve’s two-day meeting on interest rate changes. Following the two-day meeting on May 2−3, the agency raised the rate by 25 basis points — from 4.75% to 5% to 5% to 5.25% per annum, which coincided with market expectations.