5 Altcoins Running Rampant Toward New Highs
DYDX, MINA, Optimism (OP), Loopring (LRC), and Convex Finance (CVX) lead the pack this week as the biggest crypto market gainers.
Keep up with what's happening in the crypto world in real-time.
DYDX, MINA, Optimism (OP), Loopring (LRC), and Convex Finance (CVX) lead the pack this week as the biggest crypto market gainers.
Analysis of market trends and performance
MINA token prices became parabolic last week, spiking from $0.5465 on Jan. 25 to a peak of $0.9176 by Jan. 30, marking an impressive increase.
Bitcoin (CRYPTO: BTC) traded lower this morning, but the cryptocurrency prices remained above the key $23,000 level on Monday. Ethereum (CRYPTO: ETH) also recorded losses, falling below the $1,600 mark this morning.
Performance analysis and latest news
Mina is up over 33% to $0.855 in the 24 hours following its announcement of the OpenMina node browser concept.
Mina (MINA) is starting the week as one of the top gainers today, as its price is up by 28.29% over the past 24 hours to $0.8334, according to data from CoinMarketCap. While Mina has been on a positive growth run since the start of the year, its current weekly growth of 38.41% is considered one of the highest thus far this year.
Polygon's native token, MATIC, and the Mina Protocol token are up more than 18% as the week draws to a close. Their growth would seem to be in harmony with the general market environment, but it could be argued that a number of investors are buying these tokens based on a particular narrative.
Bitcoin (CRYPTO: BTC) traded higher this morning, with the cryptocurrency prices trading near the $17,400 level. Ethereum (CRYPTO: ETH), also edged higher, trading above the key $1,300 mark on Wednesday.
Digital asset firm Okcoin reveals that users can can now buy 10 additional tokens via their crypto trading platform – Badger Finance (BADGER), DYDX Exchange (DYDX), Ampleforth (FORTH), Kusama (KSM), Immutable X (IMX), Mask Network (MASK), Mina Protocol (MINA), Numeraire (NMR), Storj (STORJ), and 0x
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