The cryptocurrency market has consistently changing, these trending crypto assets below are catching the eye of investors for their unique characteristics and high growth potential in them.
WEEKLY GAINERS: May 17 – May 24
— CryptoAtlas (@CryptoAtlas_io) May 24, 2024
Here are the top #Crypto gainers among the first 100 coins by market cap for this week $PEPE, $BONK, $LDO, $UNI, $ETH, $TKX, $RON, $ONDO, $TAO, $ARB pic.twitter.com/awdwtysYTl
The cryptoatlas tweeted on X with a shared image, that displayed PEPE, BONK, LDO, UNI, and ETH are among the top five crypto coin gainers by market cap this week.
Pepe (PEPE)
Pepe Coin appears to be the best performer of May because of its continuous rally over the last few days. The meme coin has shown a start of decrease in price from its newly set all-time high record of $0.00001555. PEPE price has traded at $0.00001368 with a market cap of $5.746 Billion, and has shown weekly gain of 36.6%.
Bonk (BONK)
After consolidating in a tight range for a few weeks, BONK finally broke free on May 20th. The bullish surge pushed its price to high around $0.00003725, a level that hasn’t been seen since mid-March. It has shown a start of decrease and Bonk price has traded at $0.00003292 with a market cap of $2.201 Billion, and has shown weekly gain of 33.1%.
Lido DAO (LDO)
The LDO crypto has been stuck in a wedge pattern for an extended period, indicating a lack of clear direction in its trading price.
The price has rebounded and has moved up from the wedge, indicating a potential breakout from the bullish falling wedge pattern. Hence, there is ample room for the crypto price to increase further to reach higher levels.
There has been a rise in the LDO price, reaching $2.20 with a market cap of $1.965 Billion, and a weekly gain of 29.4% has been displayed.
Uniswap (UNI)
After trading within a narrow range for several weeks, UNI made a breakthrough on May 20th. The strong uptrend caused the price to peak at approximately $9.6. A decrease has been observed in the beginning, with UNI being traded at $9.136 and a market cap of $5.474 Billion, showing a weekly gain of 23.3%.
Ethereum (ETH)
ETH crypto’s price has been range-bound within a wedge pattern, indicating an unclear trend. Recently, it broke out of the wedge, signaling a potential bullish pattern known as a falling wedge. This breakout suggests the price may have more room to increase. ETH is currently trading at $3702.83 with a market cap of $444.64 Billion, showing a 21.3% weekly gain.
