How These 10 Cryptocurrencies Outperformed the Market in the Last Trading Day?

By Rahul Rajput On Jan 4, 2024

The last trade day saw these 10 best cryptocurrencies take the lead, dominating the market with huge gains. These crypto assets showed off their skills with great results and growth that had never been seen before.

This made them the best choices for traders looking for the best returns in the fast-paced world of crypto trading.

1. Internet Computer (ICP):

Cryptocurrencies that are going up in value have become important parts of the financial world, attracting buyers and crypto fans alike.

Internet Computer is a blockchain-based tool that wants to decentralize cloud computing and change the way it works. 17.99% more than it was 24 hours ago, ICP has gone up.

This big jump could be due to several things, such as good mood in the market as whole or specific changes in the Internet Computer ecosystem.

2. Astar (ASTR):

A star, a decentralized finance (DeFi) tool, has gone up by 14.92 percent in the past 24 hours. DeFi has been a major player in the cryptocurrency world, and platforms like Astar help to shape the future of decentralized banking services.

To figure out what caused Astar’s recent rise, we need to take a closer look at the company’s fundamentals and the way the market works.

3. Maker (MKR):

Maker, which focuses on offering a stablecoin service, has seen a big rise of 12.47 percent in the last day. Stablecoins are very important to the cryptocurrency market because they offer a stable value that is usually tied to regular currencies.

The rise in Maker’s value could be caused by several things, such as more people wanting stablecoins or changes to the Maker system.

4. Arbitrum (ARB):

Arbitrum has gained 11.42 percent in the past 24 hours. It is presenting itself as a way for Ethereum to grow. Ethereum, the second-largest cryptocurrency by market value, has had problems with being able to grow. Products like Arbitrum are meant to fix these problems.

The recent rise in the value of ARB may be related to increasing optimism about Ethereum’s plans to make it easier to use on more devices.

5. ORDI (ORDI):

This is ORDI, a blockchain-based platform that offers open social media services. Its value has gone up by 5.78 percent in the past 24 hours.

New ideas about privacy and user control come up with social media on the blockchain. ORDI may have made recent progress thanks to changes in the platform, more users, or general trends in autonomous social media.

6. Conflux (CFX):

The goal of Conflux is scalability and decentralization. It has gained 5.00% in the last day. Scalability is a very important problem in blockchain technology, and Conflux wants to solve it.

The recent rise in CFX’s value could be due to improvements in Conflux’s technology, good feelings about scalability solutions, or changes in the market itself.

7. Mantle (MNT):

An open-source tool for decentralized finance (DeFi) called Mantle has seen a gain of 4.98 percent in the past 24 hours. DeFi platforms keep getting better, and now they offer new banking services on the blockchain.

The recent rise in the price of Mantle could be due to changes in its system, a rise in interest in decentralized finance, or other market trends.

8. THORChain (RUNE):

The value of THORChain, which runs a decentralized market, has gone up by 4.16 percent in the last day. Decentralized exchanges are very important to the cryptocurrency ecosystem because they give users more power over their assets.

Most likely, the recent rise in THORChain’s value is due to things like more dealing, protocol updates, or market trends in general.

9. PancakeSwap (CAKE):

The value of PancakeSwap, a decentralized exchange tool, has gone up by 3.50 percent in the past 24 hours. Decentralized markets are becoming more popular because they are easy to use and are based on models that are driven by the community.

The recent rise in CAKE could be due to changes on the PancakeSwap site, more trading, or changes in the way decentralized exchanges work.

10. Bitget Token (BGB):

In the past 24 hours, Bitget Token, which is linked to a coin exchange service, has gone up 3.06%. Cryptocurrency companies are very important to the market because they let people buy, sell, and trade digital assets. The current rise in BGB could be due to more trading on the Bitget exchange, platform updates, or changes in the market as a whole.

Even though these cryptocurrencies have seen big gains in the last day, you should still be very careful when entering the crypto market. When it comes to cryptocurrencies, prices can change very quickly and are very risky. Investors should do a lot of study, think about the basics of each project, and keep up with market trends.

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