The crypto market keeps showing significant trademark volatility as many tokens witnessed substantial gains in the last 24 hours. As per data from Phoenix Group, $HYPE, $G3, and $QUBIC have dominated the daily crypto gainers with double-digit percentage increases. The analytics provider took to social media to share the list of the prominent crypto projects with significant gains.
$HYPE Dominates the Crypto Gainer with an 82.1% Increase over 24 Hours
$HYPE has gained the 1st position in the list with a staggering 82.1% spike, cementing its status as the best-performing asset. Subsequently, $G3 has obtained the 2nd place with an enormous 60.9% increase. This surge signifies that the project keeps on gaining momentum within the blockchain-based gaming sector. Following this, $QUBIC has occupied the 3rd spot with a huge 52.7% jump.
The 4th position is secured by $DGB as it has seen a massive 43.8% increase. This indicates that the project is experiencing a renewal in interest as a long-standing blockchain forum. After this, $RWA has emerged as the top 5th crypto project in terms of gains. Its gains over the past twenty-four hours have reached 42.2%. In addition to this, $MODE has effectively recorded a 40% rise. Moreover, $CORE has reportedly jumped by an enormous 40%.
$XCH Bottoms the List with 36.1% Surge over Past Twenty-Four Hours
The list moves on to include $DOGE in the 8th position. The project has successfully spiked by up to 40.1%, leveraging the heightened interest in blockchain applications concerning governance. Additionally, $WAVES has recorded a 36.8% while $XCH has seen a 36.1% increase. This displays the impact of the latest development updates and resilient community support. The above-mentioned staggering gains indicate an overall positive momentum in the crypto sector while the community participants are getting more and more interest.
In line with the data from Phoenix Group, the significant upward trajectory for all these tokens potentially gets support from several factors. They take into account investor speculation, project updates, and market sentiment. The resilient performance of these projects points toward an increased interest across the crypto realm. Nonetheless, investors need to exercise caution as such sheer gains often parallel with massive volatility.