Cryptocurrency is an unpredictable market. Today, ZERO, CVC, and ROUTE have increased up to double digits. As the market develops, these tokens attract the attention of investors with their high growth rates. Although ZERO saw massive price surges, other tokens have shown impressive growth, including STRIKE, MATH, and TST.
ZERO, CVC, and ROUTE: The Major Gainers
Zerolend (ZERO) leads by a 30% gain. Being a decentralized lending platform, ZERO enables users to lend and borrow cryptocurrencies without relying on third parties. The token’s price has risen to $ 0.00036, but the relative placing of this token puts it at number nine on the list with a market capitalization of $9M.
Civic follows closely with a 27.9% gain and a price of $0.23. Including Civic on Binance, one of the world’s largest exchanges could be the reason for the upswing. Civic currently boasts a market cap of $186M, making it one of the most prominent players in the decentralized identity industry.
Router Protocol rounds off this top-performing group with an increase of 25.7% and its current value of $1.78. The platform’s aim to increase the compatibility of blockchain systems coupled with listing on Bybit has created demand for the project and raised its capitalization to $29.4M.
STRIKE and MATH: Noteworthy Gainers
STRIKE has added a decent 16.1% gain and is trading at $7.65 today. STRIKE is a platform for building financial services that enable users to receive interest on crypto deposits. Strike has a $40.5M market cap and is expanding its user base as the DeFi market grows.
Math, another substantial token, rose by 15.8% to $0.22. MATH is the native token of MathWallet, a multi-chain wallet that processes asset activities across blockchains. Currently boasting a $39.1M market capitalization, MathWallet’s integration with various DeFi and NFT platforms can also explain the MATH price rise.
TST and NAVX: Middle Gainers
Teleport System Token has surged by 13.8% to $0.0099. TST is part of a decentralized teleport system that promotes logistics and supply chain companies through blockchain.
Navi Protocol has risen by 13.2% and is now selling at $0.15. As NAVX can be bought on Huobi and possesses a market cap of $38.6M, it has a lot of room for growth as more and more customers seek privacy-focused and decentralized product offerings.
FLIP, LOOM, and SAFE
Chainflip has grown by 9.2% and is currently trading at $1.19. With more and more apps starting to demand cross-chain compatibility, Chainflip has become more helpful in this space.
Loom Network comes second last on the list with an 8.9% increase in value, trading at $0.057. The recent growth of Loom can be attributed to the focused advancements towards scalability and side-chain technology.
Last on the list is Safe, which clinches the list with an increase of 7.7% and has a selling price of $0.92. As the number of potential investors seeking custody hangs in a distributed environment increases, the prospects of SAFE’s service grow. It has the largest market cap of $448.8M among all the tokens on the list.
Phoenix Group helps traders and investors get key information to operate in this volatile field by constantly focusing on the crypto market. w
