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Cryptocurrency experts highlighted a digital token that grew by 157% in a week

1:43 pm, January 23, 2024

According to online data, over the past seven days, several cryptocurrencies from the top 500 list have shown significant growth rates. Among them, there were no digital coins or tokens from the top ten. As usual, the best results were demonstrated by virtual assets with a small capitalization and not the deepest liquidity. The leader was UMA (UMA).

The cryptocurrency moved up to the 128th position in the ranking of the best in terms of the maximum supply of tokens on the market. Its price soared by 156.5% during the reporting week and reached $ 5.12. In the last 24 hours alone, the transaction volume has reached $ 314.76 million.

The second place was taken by Shido (SHIDO). The rate of the virtual coin grew by 92.7%. Its value reached $ 0.0111. It is worth noting the low liquidity of this token: over the past 24 hours, traders have made purchases for only $ 3.73 million.

The third place went to the MANTRA (OM) cryptocurrency. The value of the crypto asset has increased by 81.9% over the past 7 days. The digital token can be purchased for an average of $ 0.121. The amount of transactions over the past 24 hours is $ 17.2 million.

In addition, market researchers noted the rapid growth of prices for MANTRA (OM). The digital asset’s quotes have jumped by 66.6% over the past 7 days. The virtual token can be purchased at an average price of $ 0.233. The Nem (XEM) cryptocurrency, which was once among the top 10 best, has now risen to the 121st position, thanks to an increase in the rate to $ 0.047 or 34.8%.

The rise in the value of API3 (API3) was widely discussed. The price of the crypto asset has increased by 33.8% over the past 7 days and reached $ 2.24. In addition, Siacoin (SC) returned to the top 100 list, as its price jumped to $ 0.012, adding 31.05% to last week’s figures. Cryptocurrencies Astar (ASTR) and Flare (FLR) rose in price by 22.4% and 21.1% respectively, both of which are in the top 100 digital currencies in the world.

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