CoinMarketCap Top winners amid increased volatility in the crypto market after CoinEdition
- AGIX, STX, CFX, IMX and MINA are CoinMarketCap’s top winners.
- Volatility returned to the crypto market in the wake of the banking crisis.
- There is increased speculation from crypto investors after the crisis in the banking system.
Volatility returned to the cryptocurrency market in the wake of the banking crisis. Investors speculate on crypto market prices. They make predictions about how the prices of their favorite cryptocurrencies will develop.
Among the top cryptos in a few days are SingularityNET, Stacks, Conflux, ImmutableX and MINA. These cryptos have led the charge by posting significant gains as the crypto market rediscovers its early 2023 trajectory.
SingularityNET, with the original token AGIX, is an AI-inclined blockchain solution that allows users to create, share and monetize AI services. AGIX rebounded from a local low of $0.2850 to $0.5772, gaining 102.40% in the last five days. A minor decline sees the 73rd-ranked crypto on CoinMarketCap trade at $0.5380 at the time of writing.
Also read: SingularityNET (AGIX) Price Prediction 2023-2030
h2 Stacks (STX)/t2
Stacks’ native cryptocurrency, STX, ranks 41 on CoinMarketCap. It is a Bitcoin smart contract layer that allows smart contracts and decentralized applications to use BTC as a transaction tool on the Bitcoin network. STX rallied from $0.5210, rising to a new annual high of $1.0933 in less than five days. This jump reflects a high of 109.14% in the five-day period. The STX price at the time of writing is $1.0566, with the upward momentum still intact.
Read also: Stacks (STX) Price Prediction 2023-2030
h2 ImmutableX (IMX)/t2
The Layer 2 scaling solution for NFTs on Ethereum, ImmutableX, is another crypto solution that has delivered impressive results in today’s market conditions. Its native token, IMX recovered from a local low of $0.7653 to climb as high as $1.3025. With this move, IMX increased 71.21% in less than five days. According to CoinMarketCap, IMX claims the 51st position among all cryptocurrencies by market capitalization.
Also read: ImmutableX (IMX) Price Prediction 2023-2030
h2 Conflux (CFX)/t2
The consensus blockchain Conflux, Conflux, is also performing well. The project’s native crypto, CFX, went close to its annual high by reaching $0.3675, after bouncing from a local low of $0.1345. It gained 175.13% in the process, but has retreated slightly to $0.3336, at the time of writing.
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Read also: Conflux (CFX) Price Prediction 2023-2030
h2 Mina (MINA)/t2
Another top performer is Mina, the blockchain protocol built to limit computational requirements and enable Dapps to run more efficiently. Its native token, MINA, rose by 53.77%, recovering from a local low of $0.580 to reach $0.893 before retreating to $0.858, at the time of writing.
Other key performing cryptos based on CoinMarketCap’s data include Chilliz (CHZ), which ranked as the top gainer among the top ten winners. The Trust Wallet token (TWT), Litecoin (LTC) and Kava(KAVA), all of which respectively took the first four spots after CHZ. UNUS SED LEO (LEO), Quant (QNT), Uniswap (UNI), Casper (CSPR) and GMX (GMX), respectively share the last half of the top ten.
Read also: Mina (MINA) Price prediction 2022-2030
The post CoinMarketCap Top Gainers Amid Heightened Crypto Market Volatility appeared first on Coin Edition.
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