The past week was marked by impressive price increases in the cryptocurrency market. Many altcoins saw significant increases in value, including Cardano (ADA) and Solana (SOL). These major players increased in value by 17.8% and 8.5% respectively in just the last 24 hours. Yet there were altcoins that made even bigger leaps.
Raydium (RAY) is the biggest gainer of the week
Raydium (RAY) tops the list as the biggest gainer of the past seven days. Although the altcoin only rose 3.8% in the past 24 hours, the price made a spectacular jump of 60.6% on a weekly basis. The price is now approaching the $5 mark, while the market cap has risen to $1.3 billion.
Raydium, a decentralized exchange (DEX) on the Solana network, looks to benefit from Solana’s recent strong performance. Moreover, Trump’s win in the US elections has increased expectations that a Solana Spot Exchange Traded Fund (ETF) will be launched. This could attract additional capital to Solana and related ecosystems, such as Raydium.
Neiro (NEIRO) is exploding in value
Neiro (NEIRO) is a new cryptocurrency that has only been on the market since August 2024. This coin, built on the Ethereum network, has quickly gained popularity. At launch, NEIRO was only worth $0.0000046, but has since risen to $0.00234. This represents an incredible 500x increase in just a few months.
Over the past week, NEIRO price has risen 55.6%, putting the coin just behind Raydium as one of the biggest gainers of the week.
Cronos (CRO) rises by more than 23% in a day
The top three is closed by Cronos (CRO), the token of the Crypto.com ecosystem. CRO is leveraged by users for additional benefits, such as premium features and higher interest rates on staking.
The price of CRO rose an impressive 23.5% in the last 24 hours, while the price is up 43.7% on a weekly basis. The coin is now trading around $0.105.
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Source: https://newsbit.nl/deze-cryptomunten-stijgen-hard-en-bitvavo-geeft-alle-nederlanders-e25-cadeau/
