The overall crypto market showed mixed performance today, with most of the top 20 cryptocurrencies posting small losses. Bitcoin recovered during Asian trading hours, sparking gains across several altcoins. At the time of writing, Bitcoin was trading just under $42,000.
Top Cryptos
Most major coins moved within a narrow range of about +/- 1–3%. All of the top 10 coins remain largely flat. NEAR Protocol, ranked 18th, reversed recent gains and fell roughly 4% today.
Top Movers
Outside the top 20, market action followed a similar pattern, although privacy-focused coins saw notable strength. Monero rose about 6% in the past 24 hours. EOS also posted gains of around 8%. THETA from the Theta Network added roughly 6% to its value.
CAKE, the native token of the PancakeSwap exchange and automated market maker, climbed about 10%. One possible driver is the ongoing PancakeSwap and BSC Easter campaign, which is distributing $15,000 across the two platforms.
Zilliqa, a public blockchain that relies on sharding, increased by approximately 9% today.
The most significant gainer among the top 100 was 0x’s ZRX token, which surged 52% after announcing a partnership with Coinbase to power the exchange’s new social NFT marketplace.
Kava is trending upward ahead of the Kava 10 mainnet upgrade, scheduled to go live on May 10; KAVA gained about 15% today.
Synthetix, a decentralized finance protocol that provides on-chain exposure to a range of crypto and non-crypto assets, moved into the top 100 with roughly 7% gains over the last 24 hours.
Leading decliners included Loopring (-7%), STEPN’s GMT (-6%), and ApeCoin (-9%), each retracing recent rallies.
Trending
It was a strong day for dog-themed meme coins. Dogelon Mars jumped about 50% amid reports of a potential Binance listing, with the rally further supported by Bitcoin’s price recovery.
Another meme token, Shiba Rewards, exploded by 229% today. Its creators say the project was conceived out of frustration with many new tokens that impose high taxes—fees that disproportionately benefit developers rather than investors.
The SHREW token was launched as a low-tax reward token, featuring a 0% buy and transfer tax to prioritize holder rewards over developer fees.