This week has been good for several coins, as seen from their price movements. This week’s pumps can also be attributed to the expectation of more incoming ETFs and inflows, which might have stirred back some enthusiasm in the market.
Mog Coin Price Review
Mog Coin (MOG) is this week’s top gainer, as seen from its price movements during the session. As of press time, Mog Coin, trading at $0.000001869, had seen a 17.64% pump from its previous seven-day price, as its market cap stood at $673M during the same period.
Mog Coin’s price pump over the period can be attributed to recent developments in the token community that might have stirred up enthusiasm. On July 10th, KuCoin announced the launch of a Perpetual Contract $MOG USDT-M with Up to 30x Leverager.
Aave Price Review
As seen from its price movements, Aave (AAVE) is another gainer in this week’s session. As of press time, Aave, trading at $100.92, had seen a 23.56% pump from its previous seven-day price, as its market cap stood at $1.5B during the same period.
Aave’s price pump over the period can be attributed to recent events in the crypto community involving the Aave labs. On Open Finance Day, held on July 9the, the Aave founder appeared as a speaker, an event that might have stirred renowned community enthusiasm.
Ronin Price Review
As seen from its price movements, Ronin (RON) is another gainer in this week’s session. As of press time, Ronin, trading at $2.15, had seen a 21.79% pump from its previous seven-day price, as its market cap stood at $721M during the same period.
Ronin’s price pump over the period can be attributed to its network activity. According to data from 11 July, Ronin ranked third most used blockchain with 1.04M DAA. This can be attributed to increased interaction with the token due to the pump.
Maker Price Review
Maker (MKR) is another gainer in this week’s session, as evidenced by the price movements. As of press time, Maker, trading at $2,764, had seen a 19.12% pump from its previous seven-day price, as its market cap stood at $2.5B during the same period.
Maker’s price pump over the period can be attributed to a new executive vote for voting on the Maker Governance portal. The proposal states that MKR holders and delegates can use their voting power to deploy certain changes if they support them.
Ripple Price Review
Ripple (XRP) is another gainer this week, as seen from its price movements. As of press time, Maker, trading at $0.5255, had seen a 19.09% pump from its previous seven-day price, as its market cap stood at $2.5B during the same period.
Ripple’s price pump over the period can be attributed to a new development this week. On June 12th, Ripple announced that it was introducing Ripple USD (RLUSD), a 1:1 USD-backed stablecoin offering transparency and stability on the XRP Ledger and Ethereum.
