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Cryptocurrency market analysts have named a digital token that grew by 677% in a month

4:22 pm, November 17, 2023

On Friday, November 17, the cryptocurrency industry lost 2.77% and dropped to $ 1.39 trillion. At the same time, the daily number of transactions increased by 3.42% and exceeded $ 71.71 billion. The dominance of bitcoin BTC $56,536.26 Bitcoin -2.88% Market capitalization $1.11 trillion VOL. 24 hours $4.57 billion in the market remained unchanged from yesterday and amounts to 51%, while ethereum ETH $2,991.80 Ethereum -4.74% Market capitalization $359.6 billion VOL. 24 hours $2.67 billion took a 17.1% market share. However, despite the relative pessimism, crypto experts have identified tokens that have brought significant profits to their investors over the past month. The leader was the Ordinals cryptocurrency (ORDI).

The coin’s quotes soared by 677% in a month. The virtual asset can be purchased for an average of $ 25.46. The total supply reached $ 534.89 million, and traders made $ 2.14 billion worth of cryptocurrency transactions.

The second place went to the Gas (GAS) cryptocurrency. Over the past 30 days, the digital asset’s quotes have soared by 271.9%, but over the past week, they fell by 54.1%. The cost of the token fluctuated around $ 8.67, and its capitalization reached $ 563.62 million. It is worth noting that until recently, it exceeded $ 1 billion.

The 3rd place went to THORChain (RUNE), which rose in price by 264.4% during the reporting period. The coin can be purchased for an average of $ 6.31, and the trading volume for 7 days exceeded $ 2.54 billion.

In addition, the value of FTX Token (FTT) has increased — the jump in price occurred amid rumors of the launch of the FTX exchange in 2024. The crypto asset’s price jumped by 221.4% over the past 30 days. The cost of the crypto asset amounted to $ 3.17 with a market capitalization of $ 1 billion. Traders made daily trading deals worth $ 124.2 million.

The Kaspa (KAS) cryptocurrency also showed excellent results. Its price increased by 211.9% during the reporting period. Celestia (TIA) also pleased its owners, rising 174.9% in 30 days. In addition, Solana SOL $134.76 Solana -0.04% Market capitalization $62.38 billion VOL. 24 hours $1.04 billion and Avalanche AVAX $24.79 Avalanche -2.62% Market capitalization $9.77 billion VOL. 24 hours $0.11 billion proved to be profitable. The price of SOL soared by 162% and AVAX by 135.1%, respectively.

Finally, PancakeSwap (CAKE) rose by 118.5% over the month, Injective (INJ) by 117.4%, and Immutable (IMX) by 114.4%.

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BTC

$56,536.26

-2.88%

ETH

$2,991.80

-4.74%

BNB

$498.30

-5.03%

XRP

$0.43

-4.10%

SOL

$134.76

-0.04%

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