With the month coming to an end, many cryptocurrencies have experienced somewhat of a volatile month with many recording losses in valuation within the last 30 days. We first take a look at the best-performing assets with Ripple (XRP) popping up in the list with a 7% gain for the month after seeing several surges over the month. Ripple, trading at $0.514, has a market cap of $26,742,359,087 ahead of the monthly gains.
Lido DAO (LDO) has also had a relatively fruitful month as the asset sits on a 3.8 monthly gain ahead of what has been a volatility session. Now trading at $2.16, LDO holds a market cap of $1,899,642,824. Rocket Pool (RPL), has also had a fruitful month recording a 2.6% increase within the month as Render Token (RNDR) saw a surge of 7% for the month ahead of what has been a month characterized by several bullish sessions.
Pepe (PEPE) has however bagged this month’s top gainer after garnering a gain of 113% ahead of what was a meme coin season that saw the token shake up the meme coin space to dominate ahead of other veteran meme coins. PEPE has a current market cap of $500,025,628.
Top losers of the month
Many cryptos have had a rather volatile month with the majority of them recording losses over the course of the month. Bitcoin (BTC), the crypto king, failed to dominate this month, recording a 7% loss in monthly valuation. Trading at $27,131 and with a market cap of $525,957,565,739, Bitcoin has seen a gradual increase in volatility as the Bollinger bands diverged away from each other as the month progressed.
However, the relative strength index indicator is moving above the average line showing the effort bulls inserted over the month to consolidate a bullish trend despite various shifts below the line. The MACD indicator is now moving closer to its average line as now bulls look to drive for a shift indicating a likely bullish trend on Bitcoin for the coming month.
Ethereum (ETH) has also recorded losses this month after recording a 2% monthly drop with the asset failing to reclaim the $2K high for the month. ETH, currently trading at $1,865, has a market cap of $224,342,170,775.
Pancake Swap (CAKE) has been one of the top losers this month recording a 38% drop in price valuation within 30 days. Flare (FLR) has also seen significant losses that totaled a 22% loss ahead of GMX (GMX) which also lost 24% in price valuation for the month.
