Top Crypto Gainers: Nervos, Bittensor, and Dogeverse Show Strong Performances Amid Market Turbulence
Amid market turbulence, Nervos, Bittensor, and Dogeverse have emerged as Wednesday’s top crypto gainers, showcasing robust performances and investor interest. Despite the industry-wide turbulence, these cryptocurrencies have continued to gain pace and outperform the market.
Nervos, currently the best-performing cryptocurrency in the top 100, has seen a 10% increase in the last 24 hours, while the broader crypto market cap is down by 2%. The project’s success is evident in its longer-term performance, with a 101% increase this week and a staggering 749% increase this year. With a $1.5 billion market cap, Nervos is ranked as the 69th largest cryptocurrency.
Bittensor, the leading AI cryptocurrency, has a market cap of $4.2 billion, making it the 30th largest crypto. Its 24-hour trading volume has increased by 121% today, with its token TAO trading at $639, up 8.5% today, 12.4% this week, and 1049% this year.
Dogeverse, a new presale meme coin, has raised $900K within its first 24 hours, showcasing strong early results. The project is the first multi-chain meme coin to launch on six top smart contract-enabled blockchains, providing ubiquitous accessibility and interconnecting blockchain communities through a powerful meme coin.
Ethena, a decentralized finance protocol offering a yield-generating stablecoin called USDe, has gained notable adoption with a $2.3 billion market cap. Its governance token, ENA, has also seen success since its launch in April, with a 10% increase today, 53% this week, and 105% since pricing data began.
MX Token, the best-performing crypto in the top 100-200 projects by market cap, has seen significant growth with a $555 million market cap and a $61 million 24-hour trading volume. The project’s recent performance is attributed to an airdrop campaign incentivizing user engagement with its ecosystem.
Mfercoin, a new meme coin on Coinbase’s Ethereum layer 2 network Base, has experienced early success despite a selloff. With a $74 million market cap, the project is currently trending on CoinMarketCap and showing signs of potential bottoming out.
Overall, these top gainers in the crypto market are showcasing resilience and strong performances amidst market turbulence, attracting investor interest and setting bullish precedents for the future.
