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- 1 One of the 5 top crypto gainers, Bitcoin’s (BTC) price touched the $62K mark at press time, which sparked bullishness in global crypto assets.
- 2 BOME garnered 233.90% gains in volume, and AKT has recovered 45% from its low.
- 3 CFX and AVAX could display a massive price play in future sessions.
- 4 The ENS has reflected growth and has been riding a bullish trendline.
Crypto prices have garnered optimism across the globe today. When writing, Bitcoin (BTC) price touched the $62K mark briefly. At the same time, top altcoins Solana (SOL), Ethereum (ETH), and XRP showcased a similar positive momentum.
ETH, XRP, SOL, & BTC 4.H. | Source: TradingView
This price action aligns with the larger market trend, as the global market capitalization of all crypto on CMC jumped 1.88% to $2.29 Trillion. Moreover, the total crypto market volume surged 7.14% to $60.89 Billion, enhancing investors’ curiosity.
So, let’s look at 5 top crypto gainers in the past 24 hours and their price run as of June 28th, 2024 (press time).
Top Gainers | Source: CoinMarketCap
1. Akash Network (AKT)Gained First Spot on CMC Top Gainers of Yesterday
The AKASH Network has soared 18.40% in the intraday session, with a market cap of $895.36 Million. It is ranked 75th in the top 100 coins, according to CoinMarketCap.
At press time, AKT’s 24-hour trading volume on all major platforms has reached $84.97 Million, with a 75.50% increase. The liquidity is also good, as the volume-to-market cap ratio is 9.43%.
Overall, out of its 242.071 Million AKT total supply, AKT’s 62.30% quantity floats in the circulation. Besides that, its maximum supply has been capped at $388.539 Million AKT.
The price structure shows a breakout of the falling wedge pattern, supported by the dynamic support of the 20-day EMA band on a daily basis. After forming the lowest support of $2.50, the price went up 45% to $3.65.
Meanwhile, technical oscillators represented the surge by bullish cross in MACD and RSI recovery from the extreme oversold zone of 25 to the press time level of $51.34.
2. BOOK OF MEME (BOME) Generates Massive 200% Volume!
The BOOK OF MEME (BOME) rose from the strong support of $0.008100, with a 16.58% growth this week and a 14.30% surge intraday; BOME was trading at $0.01039.
There was a 233.90% gain in volume at press time, amounting to a whopping $215.40 Million, and reached 5 top crypto gainers. Liquidity looked pretty good.
Technical oscillators reflected the increase in BOME price, which was supported by the dynamic support of the 20-day EMA band on the daily chart. MACD showed a growing histogram at 0.000211, followed by a bullish cross and RSI recovery from 30 to the press time levle of $50.95.
3. Ethereum Name Service Primed For Long-Term Gains!
Intraday, the Ethereum Name Service (ENS) displayed a growth of 10.15%, with the price trading at $27.56. At the time of writing, it ranked 77th in the top 100 with a market cap of $871.311 Million and a volume of $171.33 Million, showing a 52.20% surge.
ENS reflected growth since mid-May 2024 and had been riding a bullish trendline. Despite the bears’ attempts, the trendline posed a sturdy one. Furthermore, backed by 50-day and 200-day dynamic support EMA bands, it looked ripe for future growth.
The bullish ascent could help ENS surpass the $29.73 hurdle. The MACD is bullish, with the histogram at 0.18, the RSI flashed above a median line at 61.14. Basically, the indicators suggest a further rise.
4. A Big Move to Hit AVAX Ahead!
After spending a long time in a contracted falling wedge, AVAX showed a 8.37% intraday surge, the price was traded at $28.03 at press time.
Market cap has grew to $11.039 Billion, positioning it as the 11th-ranked crypto in the global top 100 cryptos based on market cap. Liquidity was moderate, but the price could break out of this range sooner in the coming sessions.
The MACD formed a bullish cross in bearish territory, displaying that the bears’ dominance is decreasing. RSI flashed at 43.13, which has taken support from 14-SMA and has recovered from oversold.
5. CFX at a Crucial Level, it Can Propel Ahead Massive!
CFX has shown more than 200% and 300% gains in the past from the level where, at press time, this asset trades near.
The intraday price has traded at $0.1694 with a 9.73% increase; it has ranked 97th in the list of top global 100 assets based on its market cap.
Its volume has witnessed a $61.90% surge, and the total amount is $39.625 Million. The price action of Conflux (CFX) highlights that it has the potential to grow exponentially.
This week, more than 16% growth has been seen, which indicates a bullish presence at this level.
Technical tools show the price approaching EMA bands which are acting as dynamic resistance levels. The MACD formed a bullish cross, and RSI recovered from oversold territory.
Disclaimer
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
Steefan George is a crypto and blockchain enthusiast, with a remarkable grasp on market and technology. Having a graduate degree in computer science and an MBA in BFSI, he is an excellent technology writer at The Coin Republic. He is passionate about getting a billion of the human population onto Web3. His principle is to write like “explaining to a 6-year old”, so that a layman can learn the potential of, and get benefitted from this revolutionary technology.
