Release: 2024/05/25 05:19 Reading: 622
The cryptocurrency market is constantly evolving, and the following trending crypto assets have captured investors' attention due to their distinctive characteristics and high potential for growth:
WEEKLY GAINERS: May 17 – May 24 Here are the top #Crypto gainers among the first 100 coins by market cap for this week $PEPE, $BONK, $LDO, $UNI, $ETH, $TKX, $RON, $ONDO, $TAO, $ARB pic.twitter.com/awdwtysYTl— CryptoAtlas (@CryptoAtlas_io) May 24, 2024
The CryptoAtlas tweet on X included an image indicating that PEPE, BONK, LDO, UNI, and ETH are the top five crypto coin gainers by market cap this week.
Pepe (PEPE)
Pepe Coin has emerged as the top performer in May, driven by its sustained rally over the past few days. The meme coin has witnessed a slight correction from its recently established all-time high of $0.00001555. PEPE is currently trading at $0.00001368 with a market cap of $5.746 billion, exhibiting a weekly gain of 36.6%.
Bonk (BONK)
After consolidating within a narrow range for several weeks, BONK experienced a breakout on May 20th. The bullish momentum propelled its price to a high of $0.00003725, a level not observed since mid-March. Following an initial decline, Bonk is now trading at $0.00003292 with a market cap of $2.201 billion, reflecting a weekly gain of 33.1%.
Lido DAO (LDO)
LDO crypto has been confined to a wedge pattern for an extended period, suggesting a lack of clear direction in its trading price.
However, the price has recently rebounded and moved up from the wedge, indicating a potential breakout from the bullish falling wedge pattern. This suggests that there is ample room for further price appreciation.
LDO has experienced a surge, reaching $2.20 with a market cap of $1.965 billion, and has posted a weekly gain of 29.4%.
Uniswap (UNI)
After trading within a narrow range for several weeks, UNI broke out on May 20th. The robust uptrend drove the price to a peak of approximately $9.6. UNI has since corrected slightly, currently trading at $9.136 with a market cap of $5.474 billion, showing a weekly gain of 23.3%.
Ethereum (ETH)
ETH's price has been confined within a wedge pattern, indicating an unclear trend. Recently, it broke out of the wedge, signaling a potential bullish pattern known as a falling wedge. This breakout suggests that the price may have more room to increase. ETH is currently trading at $3702.83 with a market cap of $444.64 billion, reflecting a weekly gain of 21.3%.
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