Must-Watch Top Crypto Gainers During Market Dip
- Ethereum Name Service, XRP, and Bitget Token are the top crypto gainers in the past 24 hours.
- Bitcoin (BTC) dropped 1.84% and Ethereum (ETH) fell 2.6% in the past day.
The global crypto market displayed a slight dip today. Despite the U.S. SEC’s final approval for Spot Ether exchange-traded funds to commence trading on July 23, the anticipated market boost did not materialize during the Asian trading hours. Instead, Bitcoin (BTC) saw a 1.84% decline, while Ethereum (ETH) dropped by 2.6% against the U.S. dollar over the past 24 hours.
Currently, the total cryptocurrency market valuation stands at $2.42 trillion, reflecting a 1.86% decrease in the last day. Despite the overall downturn, some cryptocurrencies have shown positive momentum, with more than two dozen digital assets posting double-digit gains over the past week. According to the CoinMarket data, Ethereum Name Service (ENS), XRP (XRP), and Bitget Token (BGB) turn out to be the top 3 crypto gainers.
Ethereum Name Service (ENS)
In the last 24 hours, Ethereum Name Service (ENS), a domain naming system built on the Ethereum blockchain to make the Ethereum-based web easier to access and understand for humans, has topped the gainer list with the maximum gain.
The trading price of ENS soared over 10.13% in the past day, climbing from a low of $25.58 to a high of $28.17. At the time of writing, ENS is trading at around $27.49, with a market cap of $888 million. The trading volume of ENS has also recorded a significant increase of 83% to $226 million.
XRP (XRP)
XRP is a native crypto token of Ripple Labs that operates on its decentralized, open-source blockchain, the XRP Ledger (XRPL). In the past 24 hours, XRP has showcased a rally of around 6.14%, with prices moving from $0.5867 to $0.6227.
Currently, XRP is trading at around $0.5989, marking a 10.45% rise over the past week. The trading volume of XRP witnessed a surge of 47% to $2.11 billion, according to CoinMarketCap.
Bitget Token (BGB)
Bitget Token is a native cryptocurrency on the centralized crypto exchange Bitget. BGB is built on the Ethereum blockchain and ERC-20. BGB has placed in the third position among the top gainers. In the past 24 hours, Biget Token has surged about 4.35%, with prices ranging from $1.15 to $1.20.
At the time of writing, the trading price of Bitget Token was $1.20, marking a monthly high with an 11% rally over the past week. The trading volume experienced an increase of 31% to $33 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. money market fund assets exceed $7 trillion for the first time
SEC Chairman Gary Gensler Makes Final Lobbying Call for US Crypto Regulation
SOL falls below $210