Savvy investors always reposition themselves for the next big winners. Today, new data reported by CMC listed the 10 best-performing coins with the most significant gains noted over the past week.
Top 10 gainers of the week
Internet Computer (ICP)
According to the data by CMC, Internet Computer (ICP) emerged as the top performer in the digital asset market this week. The altcoin added a price growth of 5.69% registered over the past seven days. The reasons for its positive, impressive week include the following. A wider bullishness in the crypto market, especially with Bitcoin’s ongoing bull run, triggers a positive momentum to altcoins. Also, ICP’s advanced capabilities like AI-driven features, and enhancements in security and scalability, among others, attract investors and traders, boosting demand for this crypto AI token.
Injective (INJ)
Injective (INJ) took the second position with a price rise of 4.91% gained over the past week. It is currently priced at $12.98%, further reflecting an increase of 11,1% recorded over the past month. This shows its regained strength amid increased interest in greater efficiency DeFi protocols like Injective.
SPX6900 (SPX)
SPX6900 (SPX) secured the third place with a price climb of 4.79% acquired over the past seven days, significantly outperforming major digital assets like BTC, ETH, and many others. Its value also spiked 36.5% in the past two weeks and 71.5% over the past month, a significant price rally driven by robust buying momentum. Furthermore, SPX’s price growth of 11931% earned over the past year shows that it is one of the most profitable cryptocurrencies for long-term holders.
Hyperliquid (HYPE)
Next is Hyperliquid (HYPE), which experienced a weekly price gain of 4.73%. Also, the value of the decentralized exchange (DEX) token has been up 10.2% over the past two weeks and 43.5% in the last 30 days. Greater investment confidence and increasing interest in DeFi have contributed to the drastic rise of HYPE’s price. Another major contributor was the recent announcement by Binance.US to roll out spot trading for HYPE soon.
Sky (SKY)
Fifth on the list is Sky (SKY), formerly MakerDAO, recorded a price rise of 4.33% garnered over the week. The rebranding created a significant milestone as Sky, a DeFi token, was designed to provide a simpler user experience. The asset has acquired strong gains over recent weeks. Since its low of $0.632 noted on May 31, the altcoin has rallied by 11.4%, currently trading at $0.07284, showing the token’s strong buying pressure.
Other top players in the market
Other top gainers of the week include AB, ZEC, UNI, TRX, and ENA.
AB (AB) secured the sixth position with a price surge of 4.21% noted over the last seven days. Zcash (ZEC) followed with a weekly price growth of 3.40%.
Next is Uniswap (UNI), which registered a weekly price increase of 2.97%. Then, Tron (TRX) occupied the ninth place with a price hike of 2.63%. And lastly, Ethena (ENA) wrapped this list with a weekly price upsurge of 2.28%.
