Fresh data posted today by Phoenix Group listed the best-performing crypto assets over the past 24 hours. The data disclosed interesting findings, as most top gainers are low-market-cap tokens (emerging assets). Despite cautious sentiment existing in the current cryptocurrency market, the data shows that large investors, commonly recognized as whales, are selectively accumulating some tokens with growth capability. Strategic investors seeking higher potential profit gains often go for small tokens. And in many cases, such low market-cap assets make big moves, making them worthy to keep an eye on.
Best Cryptos with Top Price Growth
Radiant Capital (RDNT)
Radiant Capital (RDNT), a decentralized lending protocol, is the crypto that recorded the highest gains today. Its price, which currently stands at $0.02846, printed a 65% rise from yesterday, indicating surging investor interest in the platform. Its token’s value, which has been up 30.1% and 26.9% over the past week and month, respectively, further confirms this bullishness.
The asset’s impressive price growth highlights that Radiant Capital is strengthening its status as a prominent network for decentralized lending and borrowing. The rising adoption of DeFi applications is a key contributor to RDNT’s substantial momentum.
OriginTrail (TRAC)
OriginTrail (TRAC) followed the list as it experienced the second-highest price gain over the past 24 hours. The price increase of 58.6% from yesterday makes TRAC’s value currently stand at $0.696. TRAC has also been one of the top-performing digital assets, as noted by its 78% and 92% weekly and monthly price climbs, respectively.
The remarkable figures are indicators that TRAC is cementing its position as a major RWA altcoin. When mentioning the big RWA coins, names like Ondo (ONDO) and Mantra (OM) often pop up. The above milestones signal that TRAC is significantly gaining traction in the RWA sector.
PIPE Network (PIPE)
PIPE recorded an impressive price rise of 49% from yesterday, meaning strategic investors are entering the market. An important catalyst behind this upturn is its recent token listing on Binance Alpha. On October 8, Binance Alpha listed PIPE in its trading platform, a move that massively widened the market image of the digital cryptocurrency.
Dash (DASH)
Fourth on the list is Dash (DASH), a privacy-focused token. The token’s remarkable 39.1% price increase from yesterday highlights that DASH is not part of the current market downturn. Its price, which currently stands at $56.03, has been up 70% and 137.1% over the past week and month, respectively.
The records are indicators that long-term holders and whales are buying the asset, the driving force of the continued rally. With businesses seeking to protect trade secrets while individuals looking for financial independence, the demand for privacy coins like DASH has been on the rise, a factor explaining Dash’s superior market performance.
Other Top Market Performers
The data further highlighted ZKC, BEL, XION, ZEN, DCR, and SKL as other top performers in today’s crypto market.
As per the data, Boundless (ZKC) gained 33% today, meaning the asset is gaining momentum as whales and traders show expanded enthusiasm in the network.
Bella Protocol (BEL) is sixth on the list. It’s 23.8% price growth today signifies strong momentum and capital flows into the ecosystem.
XION (XION), Horizen (ZEN), Decred (DCR), and SKALE (SKL) are displaying their strength, as illustrated in the data.
