Crypto Mixed as Nexo Jumps After Binance Listing

Today, the broader crypto market is mixed. Notable gainers include Nexo and SKALE Network, with SKL tokens rising by about 12%.

Top Cryptocurrencies

Bitcoin has been flat over the past 24 hours and is trading near $39,500 at the time of writing. Binance Coin climbed around 4%, making it the largest gainer among the top 10. Terra slipped roughly 3%.

Dogecoin gained about 1%, bringing its seven-day increase to roughly 3%. The biggest loser among the top 10 this week is XRP, down about 13% over the past seven days. Outside the top 10, NEAR Protocol fell close to 4%, taking its weekly decline to just under 23%.

Top Movers

Outside the top 20, ApeCoin added about 8%, boosting its weekly gains to approximately 52%. PancakeSwap also climbed by just under 8%.

The largest winner inside the top 100 is Nexo. The cryptocurrency, ranked around 65th by market capitalization, jumped roughly 15% after Binance announced its listing.

Close behind is SKALE Network, which grew about 12% after launching its first official Twitter Space, the “Skaleverse.”

Kava rose about 5% in the past 24 hours, bringing its weekly gain to around 18%. It is one of the few coins finishing the week in the green. Today Kava reached a new all-time high and its market capitalization surpassed $1 billion.

The biggest losers today include Zilliqa (-6%), Waves (-7%), and The Graph (-11%). STEPN’s GMT lost 11% on the day but remains up roughly 9% for the week.

Trends

One of the most notable performers today is WonderHero, a play-to-earn mobile RPG where players can obtain rare NFTs and sell them on peer-to-peer marketplaces. The team aims to create a balanced world where players of different skill levels can enjoy the game while also providing income opportunities to one another.

The platform’s token, WND, surged dramatically today, rising 6,407% and trading at about $0.46 at the time of writing.