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ThecoinrepublicCryptocurrencyExploring The Top Monthly Gainers: A Comprehensive...
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Exploring The Top Monthly Gainers: A Comprehensive Analysis

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The broader crypto market has been a perfect mixture of gainers and losers in the last one month. While some crypto performed exceptionally well in improving the investors’ portfolio, others settled for correction, reducing the returns. 

Overall, Brett crypto emerged as the star, rising more than threefold and hitting a record high of $0.14. JasmyCoin and Ondo appeared as the 2nd and 3rd top gainers, outperforming several other cryptocurrencies. 

Despite the challenges of correction and volatility in the broader markets, these cryptocurrencies have managed to set highs and become the top performers.

Brett (BRETT) Surged by Over 3 Folds a month!

Brett crypto has won the biggest crypto gainers spot, soaring by over 314% in the past month. When writing, the crypto exchanged hands for close to $0.14, with a live market capitalization of close to $1.36 Billion. 

 

The recent sessions have witnessed some profit booking from an all-time high of $0.19, which was recorded just a few sessions ago. The price has fallen by over 24.9% from ATH. Still, the crypto managed to be the top performer of the month. 

From a technical point of view, the price has reached the recent support of $0.14. If the selling continues below the support, the price may undergo a correction phase. On the other hand, if the bulls can defend the price above it, the price may again resume its way towards the record highs.

JasmyCoin (JASMY) Emerged as the Second Top Performer

Competing with hundreds of bullish cryptocurrencies, JasmyCoin emerged as the 2nd top performer, rising over 94%. The crypto witnessed a strong thrust to the upside, breaking out from a consolidation phase in the second week of May. 

JASMY crypto was exchanging hands close to $0.03 at the time of writing, marking a 7.8% fall in Intraday. The crypto ranks 56th in the crypto-verse with a live market capitalization of $1.70 Billion. Out of 50 Billion tokens, over 98.6%, i.e., 49.29 billion JASMY tokens are in circulation. 

From a price point of view, the JasmyCoin price has dropped by nearly 20% in recent sessions. However, it still trades in a bullish zone above the key Exponential moving average of 20 days. The $0.033 level is a crucial level to watch as of now. If the bulls successfully defend that level, it may indicate a continuation trend toward the $0.04 level. 

Conversely, any breakdown below the $0.033 level may invalidate the short-term bullish control. Besides, the price may look to retrace the $0.025 level.

Ondo (ONDO) Crypto Holds the Third Spot, Gaining over 64%

After a 64% rally this month, Ondo crypto set its All-Time high of $1.48 a few days ago. The crypto witnessed an impressive rally, breaking out of a correction phase in May, and has brought up its value from a low of $0.73. 

 

At the time of writing, the ONDO price was moving south from the All-Time high, but the crypto still has bullish factors that could push the price back to higher levels. With a live market capitalization of $1.70 Billion, it has 1.3 Billion tokens out of 10 Billion tokens.

Currently, the crypto has been retracing the recent support of $1.16, which, if breached, may trigger a profit booking towards the psychological level of $1. However, if the buying volume inflows, the price may rise back toward the record highs of $1.48 level.

Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

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Adarsh Singh
Adarsh Singh
Adarsh ​​Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
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