The dynamic world of cryptocurrencies is gaining a lot of attention thanks to the recent Bitcoin [BTC] halving event, which affected the prices of all major cryptocurrencies.
The highest crypto prices recorded a bullish swing today as Bitcoin rose above the $64,000 mark.
While Ethereum [ETH] price was closer to $3,310, Solana [SOL]Ripple [XRP]and Cardano [ADA] saw significant gains.
As traders venture into the ever-evolving space of crypto, they often wonder how to buy currencies that will give them maximum profits.
Here are five cryptocurrencies that are currently doing well in the crypto space:
THUMP
BONK shocked its investors with significant gains this past week. The Solana-based meme coin just rose above its average value, with its price rising 25.8% over the past seven days.
The token is one of the biggest crypto gainers this week. The price of this meme coin increased from $0.00001993 to $0.00002605.
BONK is Solana’s social layer and community meme coin, with deep integrations as a utility token for a wide range of applications and protocols within the Web3 ecosystem.
PEPE
PEPE, the frog-themed meme coin, continues to rise in the crypto market with an increase of 25.7% in a week, taking its value to $0.000007362 with a market cap of $2,995,621,883 and a trading volume of $762,324,339.
PEPE recovered quickly after several days of slow progress. With this increase, the memecoin moves closer to the all-time benchmark high of $0.00001074, which is possible if the momentum continues.
This increase can be attributed to the influence of the dedicated group of investors, especially whales, who have large assets and have increased their investments in recent times.
Hedera [HBAR]
HBAR was one of the few cryptocurrencies whose prices were unaffected by March’s bullish run. However, the coin has outperformed all others during the current crypto downturn.
The coin is up 21.5% in the past week, change ownership $0.1066. It is striking that trading volume experienced an average daily growth of 7,500%.
Hedera is a public hashgraph network and governing body designed to meet needs from the regular markets.
The platform is poised to become the world’s first widely adopted public distributed ledger, serving a wide range of applications.
FLOKI
Floki Inu [FLOKI]a popular dog-based meme cryptocurrency running on the Ethereum blockchain is a coin to watch, with its price rising more than 6% in the past week.
The meme coin rose to $0.0001804 after hitting a monthly low of $0.0001203. Despite some hurdles, FLOKI has emerged as a top-performing crypto this week.
Recently, crypto market specialist Captain Faibin shared an article on X (formerly Twitter) highlighting Floki’s display of a breakout from a bullish flag pattern on the daily time chart.
A bullish flag pattern indicates that the crypto will undergo a short consolidation within an uptrend, followed by an upward price trajectory.
Zebec Protocol (ZBC)
ZBC gained 37.2%, the highest level that all crypto coins have achieved in the past week. ZBC traded on $0.03112 at the time of writing.
The coin’s RSI has been hovering in the overbought territory, indicating strong bullish momentum. The OBV confirmed the momentum in favor of the bulls.
Zebec Protocol’s decentralized infrastructure network is designed to create a mechanism where real value flows freely and seamlessly.
This provides investors and crypto enthusiasts with immediate access to funds and tokens, granting instant financial control and promoting a more inclusive and accessible financial environment.
Disclaimer: This is a paid post and should not be treated as news/advice.