As the cryptocurrency market continues to exhibit volatility, several digital assets have emerged as significant gainers today, led by VITE (VITE), which saw a remarkable surge of 32.5%. The Phoenix Group, a well-known player in the crypto space, highlighted these daily gainers, showcasing a range of tokens that have shown substantial growth over the past 24 hours.
DAILY GAINERS$VITE +32.5% $PHA +20.9% $ATR +20.2% $REI +15.9% $AKT +12.2% $HNT +10.9% $DCR +10.3% $CVP +9.6% $SD +8.5% $VIDT +8.3%#dailygainers pic.twitter.com/MmAFKvl2T5
— PHOENIX – Crypto News & Analytics (@pnxgrp) August 27, 2024
VITE, trading primarily on Binance, topped the daily gainer list with a notable 32.5% increase in value, pushing its current price to $0.02 and its market cap to $27.6 million. This sudden price jump has positioned VITE as the leading performer among the top gainers, indicating strong market sentiment and increased trading activity. The exact catalysts for this sharp rise remain speculative, but it underscores the token’s growing popularity and potential in the market.
Other Top Performers: PHA, ATR, and REI
According to the Phoenix report, Phala Network (PHA) and Artrade (ATR) also posted significant gains, with PHA rising by 20.9% and ATR by 20.2%. PHA, listed on Binance, is currently priced at $0.13 with a market cap of $107.3 million, while ATR, available on CoinEx, trades at $0.01 and has a market cap of $19.5 million. Both tokens have shown robust upward momentum, likely driven by positive developments or increased investor interest in their respective projects.
REI Network (REI) also made it to the list, recording a 15.9% increase. The token, which is traded on Binance, is now priced at $0.06, with a market cap of $61.5 million. The upward movement in REI’s price suggests growing confidence in its network capabilities and potential for future growth.
Akash Network (AKT) and Helium (HNT) demonstrated solid performance, with AKT gaining 12.2% and HNT rising by 10.9%. AKT, trading at $2.98 on Coinbase, has a market cap of $719.7 million, while HNT, also on Coinbase, is priced at $7.02 with a market cap reaching $1.10 billion. Both networks have seen increased adoption and are recognized for their innovative approaches to decentralized infrastructure, which might be driving the current bullish sentiment.
Other notable gainers include Decred (DCR), PowerPool (CVP), Stader (SD), and VIDT Datalink (VIDT). DCR experienced a 10.3% increase, now priced at $12.81 with a market cap of $208.5 million, traded on Binance. CVP gained 9.6%, bringing its price to $0.04 with a market cap of $1.3 million, traded on CoinEx. SD rose by 8.5% to $0.56 with a $25.6 million market cap on Binance, while VIDT climbed 8.3%, reaching $0.04 and a market cap of $36.6 million, also available on Binance.