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Cryptocurrency experts name the cryptocurrencies that grew the most overnight
Having analyzed the cryptocurrency market on a daily basis, experts have identified the most profitable tokens over the past 24 hours. Top 3 leaders in the list: Quant (QNT), Bitcoin Gold (BTG), and Ethereum Name Service (ENS).
The first place was taken by Quant, which managed to grow by 12.98% per day. At the time of writing, it is trading at $ 161.07. The total supply of digital assets is $ 1.94 billion.
The Bitcoin Gold cryptocurrency managed to rise in price by 3.9%, which allowed it to take second place in the ranking. Currently, the value of BTG is $ 21.06, and its market capitalization is fixed at $ 368.87 million.
The third place went to Ethereum Name Service, whose quotes have increased by 2.92% over the past 24 hours. At the time of writing, ENS is trading for $ 17.53, and the total supply of cryptocurrency on the market is $ 354.94 million.
As for most digital assets, their value is either falling or moving horizontally without any noticeable activity on the part of traders. Anatoliy Yakovenko, co-founder of Solana (SOL), expressed his opinion on the future of the cryptocurrency market: «If we take into account macroeconomic indicators, the Fed will continue to raise rates for another 12−18 months. But it will eventually end. And it will be the same as during the last bear market.»