The rediscovered cryptocurrency market volatility has continued for the second week running. While Bitcoin crossed $28,000 for the first time in 2023, some other cryptocurrencies are leaving remarkable footprints with significant gains.
CoinMarketCap’s dynamic aggregation shows that Conflux (CFX), Neo (NEO), Loopring (LRC), Solana (SOL), and VeChain (VET) lead the pack among the top gainers in the past few days.
Five days ago, Conflux was the fourth top gainer among the altcoins listed on CoinmarketCap. Today, it has jumped to the first position, gaining 14.02% in the last 24 hours.
Conflux is a layer 1 blockchain that uses the Tree-Graph consensus algorithm to deliver high throughput. It also enables the parallel processing of blocks and transactions, a technique that improves throughput and scalability. CoinMarketCap ranks Conflux in the 46th position, with a market capitalization of $1.19 billion. As of the time of writing, CFX, Conflux native token, traded at $0.4475.
Read Also : Conflux (CFX) Price Prediction 2023-2030
Neo is a blockchain ecosystem that aims to become the foundation for the next internet generation. It provides a new economy that combines digital payments, identities, and assets.
As of the time of writing, the native cryptocurrency of the Neo blockchain, NEO, had gained 8.22%, making it the second-highest gainer in the last 24 hours. With this gain, NEO trades at $12.83, and its market capitalization stood at $905 million.
Read Also : Neo (NEO) Price Prediction 2022-2030
A profit of 7.84% in the last 24 hours makes Loopring the third-highest gainer among the cryptocurrencies listed on CoinMarketCap. This gain puts the price of the blockchain’s native token, LRC, at $0.3750, at the time of writing.
Loopring is an open protocol designed for building decentralized exchanges based on Ethereum. As of the time of writing, LRC’s market capitalization was $497.45 million, making it the 85th cryptocurrency by overall ranking on CoinMarketCap.
Read Also : Loopring (LRC) Price Prediction 2023-2030
The price of SOL, Solana’s native cryptocurrency, was $22.95 as of the time of writing. This price reflects a 6.52% gain in the last 24 hours. The market capitalization of SOL at this time is $8.82 billion, making it the tenth-highest-ranked cryptocurrency on CoinMarketCap.
Solana is a blockchain project that provides DeFi solutions by banking on the permissionless nature of blockchain technology. It is a highly scalable blockchain solution launched in March 2020 by the Solana foundation and rapidly shot into prominence mainly because of its impressive transaction speed.
Read Also : Solana (SOL) Price Prediction 2023-2030
VeChain is self-described as an enterprise-grade layer 1 blockchain for Smart Contract development. By gaining 5.94% in the last 24 hours, VeChain’s native token, VET, became the 5th top gainer among the cryptocurrencies listed on CoinMarketCap.
As of the time of writing, VET traded at $0.02451, and the market capitalization was $1.78 billion, making it the 36th cryptocurrency by overall ranking on CoinMarketCap.
Read Also : VeChain (VET) Price Prediction 2022-2030
The post CoinMarketCap Top Gainers Amid Sustained Crypto Market Volatility appeared first on Coin Edition.
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Source: Cryptocurrency - investing.com
