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Cryptocurrency market analysts name the best digital tokens of the month
Today, February 2, the global market capitalization grew by 2.4% to $ 1.65 trillion. Daily cryptocurrency transactions, on the other hand, fell by more than 25% to $ 48.8 billion. Bitcoin’s dominance in the market reached 51.2%, and ethereum’s — 16.8%. The Fear and Greed Index is still at a relatively pessimistic 57 points, according to CoinMarketCap.
Cryptocurrency experts have identified the best tokens of the past month. Thus, over the past 30 days, Pendle (PENDLE) showed the best result among the top 100 cryptocurrencies. The crypto asset’s capitalization rose by 107.44% and reached $ 609.68 million. A virtual coin can be purchased for an average of $ 2.56. Over the past day alone, traders made deals worth $ 54.44 million.
The second line in the list of the most profitable cryptocurrencies went to Sui (SUI), which managed to rise to the 45th position in the top ranking with a market capitalization of $ 1.8 billion. The price is fixed at $ 1.55, which is an 84.6% increase over the reporting period. Daily transaction volumes reached $ 609.68 million.
The third position went to the Ronin cryptocurrency (RONIN), which has become more expensive by 52.4% over the past 30 days. The token’s price rose to $ 2.87, and the total supply of assets circulating on the market amounted to $ 837.12 million. During the day, traders made deals worth $ 29.49 million.
The new cryptocurrency Manta Network (MANTA) remained on the 4th line, despite the fact that its price fell from $ 3.8 to $ 3.13 over the past 48 hours. The coin’s quotes have increased by 37.95% since the start of trading in mid-January, and its market capitalization has reached $ 784.97 million.
The top five was rounded out by Pyth Network (PYTH), which also made its debut in the top 100. Its value reached $ 0.451, which is 31.8% higher than a month ago. The total supply of assets exceeded $ 676.53 million.