- CHZ, FLOW, and MKR all hit fresh 30-day highs.
- FET has reached a new 1-year high due to continued bullish pressure.
- Bulls in GRT, SAND, IMX and AR boost the price to a 90-day high.
Top gainers over the past 24 hours include Graph (GRT), Sandbox (SAND), Chilliz (CHZ), Immutable (IMX), Flow (FLOW), Lido DAO (LDO), Maker (MKR), Arweave (AR), Fetch.ai (FET), and Enjin Coin (ENJ).
Graph (GRT) rose the most, with bulls able to keep their price between $0.1495 and $0.2286. (90-day high). This positive trend continued throughout the day, effectively increasing the price by 19.77% to $0.1849 as of press time.
Since the market had reached a new 90-day high, traders rushed into the market, expecting further price rises. As a result, the market capitalization and 24-hour trading volume increased by 19.53% to $1,621,689,684 and 325.30% to $1,245,843,951, respectively. With the hefty price gain, traders appeared to have a newfound confidence in the Graph, boosting its market capitalization and 24-hour trading volume to new highs.
After setting a new 90-day high of $0.9365, traders flocked into the Sandbox (SAND) market, increasing market capitalization and 24-hour trading volume by 25.67% to $1,344,253,529 and 536.01% to $933,789,285, respectively. This increase in activity in the Sandbox (SAND) market demonstrates the asset’s growing appeal among traders as a safe-haven asset.
During the uptrend, the market found support at $0.7103, and bulls achieved a new 90-day high. As of press time, the SAND price has risen by 25.19% to $0.8972. This action displays traders’ trust in Sandbox (SAND), and the recent price increase indicates substantial purchasing demand.
The Chilliz (CHZ) market has been dominated by bulls for the past 24 hours, soaring to a new 30-day high of $0.1779. In the wake of a drop in CHZ price to $0.1381, where the market found support, the uptrend developed. CHZ’s price rose to $0.1722, up 23.23 %, on the back of this optimism.
After a 24-hour trading volume increase of 952.81%, the market cap increased to $1,138,856,310, a 21.79% increase from its previous level. The potential for return and growth of the CHZ token is likely driving the recent rise in market capitalization and trading volume.
Bulls in the ImmutableX (IMX) market have been at their peak, driving the price to a 90-day high in the previous 24 hours. During the upswing, the bulls’ control has varied the IMX price between $0.9366 and $1.19. As of press time, this bullishness had persisted, with the price rising by 15.26% to $1.10.
As a result of this upbeat attitude, the market capitalization and 24-hour trading volume both grew by 15.30% to $876,052,599 and 114.47% to $108,520,805, respectively, indicating that more buyers are entering the market.
Bearish attempts to capture the Flow (FLOW) market in the previous 24 hours were foiled when the market found support near the intraday low of $1.09. After establishing support, bulls surged and successfully increased the FLOW price to a 30-day high of $1.29. As of press time, the Flow price was valued at $1.22, representing a 9.25% increase.
This optimism was followed by a 9.25% increase in market capitalization and a 173.25% increase in 24-hour trading volume to $1,262,302,300 and $140,264,127, respectively. This increase in market capitalization and 24-hour trading volume implies that investors buy into FLOW’s bullish momentum.
Lido DAO (LDO) has also made the list of top gainers after its bulls pushed the price to a 7-day high of $2.68 in the previous 24 hours. This spike continued, with the LDO price as of press time reaching $2.53, a 3.70% increase despite a drop to $2.33 in the previous 24 hours.
As a result of the bulls’ involvement and heightened expectations for a bull run, the market capitalization and 24-hour trading volume jumped by 2.98% and 54.55%, respectively, to $2,126,080,890 and $407,063,017.
After a long and hard battle, Maker (MKR) bulls were victorious, as the price soared to a new 30-day high of $815.77. As of this writing, bullish sentiment has pushed the price to $762.63, a 5.76% increase.
Due to this optimism, the market value increased by 5.66 % to $745.456.0847, and the 24-hour trading volume increased by 94.7% to $62.508.032.
Arweave (AR) began the day valued at $11.79; nevertheless, bulls’ strength managed to boost the price to an intra-day high of $13.52 (90-day high) thanks to their efforts. During the upswing, the AR market found support at its intra-day low of $11.91. As of press time, the price had risen to $12.50, a 6.14% jump.
Because of the expectation of further growth, the market capitalization and 24-hour trading volume increased by 5.86% to $418,000,283 and 285.02 to $104,821,227, respectively.
Fetch.ai (FET) bulls pushed the price to a 1-year high of $0.6004 in the previous 24 hours after establishing support around $0.4955. However, after reaching this peak, the FET bulls relented, and prices fell 7.70% to $0.5097.
As a result of the pullback, the market capitalization decreased by 7.59% to $416,503,350, but the 24-hour trading volume increased by 2.95% to $463,599,595; this indicating that the bulls are still in charge of FET’s market price. With the bulls firmly in control, FET prices are projected to rise further as more investors pour into the market.
The Enjin Coin (ENJ) market has been dominated by bulls during the last day, as the price has risen to a new 90-day high of $0.5265. The cost of ENJ has increased by 7.67% to $0.5076 due to positive pressure.
Because of the bulls’ dominance, market capitalization and 24-hour trading volume increased by 7.65% to $507,507,565 and 91.66% to $96,548,803, respectively. The ENJ price has been rising along with the rest of the market, but whether it can keep going in that direction or encounter any corrections remains to be seen.
In order to keep their grip on the market, bulls require that prices rise over the current level of resistance.
Disclaimer: In good faith, we disclose our thoughts and opinions in our price analysis, as well as all the facts we give. Each reader is responsible for his or her own investigation. Reader discretion is advised before taking any action.