The crypto market opened in the green this morning, with most of the top 10 cryptocurrencies posting gains over the past 24 hours.
All three major U.S. stock indices jumped yesterday as investors rotated back into well-known technology names. Shares of streaming giants Spotify (+10.72%) and Netflix (+11%) surged after both companies received upgrades from investment firm Citi.
Top Cryptos
Bitcoin rose roughly 3%, trading above $38,000 at the time of writing. Other major cryptocurrencies also recorded notable gains: Ethereum climbed about 9%, Polkadot gained around 11%, and Solana surged roughly 17%.
Cardano and XRP increased by about 2% and 5% respectively, while Cosmos—outside the top 10—rose approximately 13%.
Top Performers
Outside the top 20, many tokens added between 3% and 8% in value. Tezos, Nexo, and Curve DAO Token each advanced around 9%. Metaverse token Gala gained 10%, and Aave climbed 12%.
Mina, the lightweight blockchain token designed to minimize computational requirements for more efficient DApp operation, rose 13% over the past 24 hours. Render also continued to accumulate gains, increasing about 9% today.
Trending
CHEDDA began trending following news of an upcoming listing on ZTexchange, jumping 66% today.
SUKU is trading live at $0.49 with a 24-hour trading volume of $66.3 million. SUKU surged 59% in the last 24 hours amid reports related to Binance activity.
Orca spiked after its recent listing on Kraken; inbound transfers are now available for Orca on Coinbase in supported trading regions.
The largest gainer was Wall Street Capital (WSC), a rebranded version and fork of MCC and other MCC forks. WSC holders immediately benefited from assets acquired by the project.
A 5% buy tax on WSC is used to purchase project assets. The token posted an extraordinary gain of 1,494% today.