Among the top crypto gainers in recent times, Bitcoin has shown resilience and strength in recent days, and looks to be staging a potential comeback.
After touching a low of $56,616 on July 12, Bitcoin has surged over 20%, trading at $65,1494 at press time, reflecting a positive impact on the general crypto market.
$BTC
We gained our range high but then we flushed away the entire impulse. That's weak. Looking for a scalp long if we can gain the red box here
$56k is also a good liquidity area to look for longs. Don't overtrade. Wait for triggershttps://t.co/wkKSwc0aCK pic.twitter.com/Dj3YB4iHHM
— TraderJqrit (@TraderJqrit) July 12, 2024
The global cryptocurrency market capitalization has also climbed to approximately $2.39 trillion, marking a 1.68% increase over the past 24 hours. Trading volumes saw a significant boost, surging to $88.68 billion.
These figures have led to growing interest and engagement within the cryptocurrency market, with both on-chain and retail investors actively participating in the current rally.
Overall, let’s turn our attention to some of the top crypto gainers in the on-chain market as highlighted by DEXScreener
$PONKE is a newcomer to the Solana ecosystem and has quickly gained traction with its unconventional theme.
The token’s mascot illustrates impulsive gambling behavior associated with Solana on-chain traders, popularly referred to as Degen, a short term for degenerates.
The $PONKE token currently trades at $0.609, representing a 28.98% increase in the last 24 hours.
The token’s market cap is 312.2 million, with $6.7 million in liquidity and approximately 52,000 holders.
Social media buzz around $PONKE has intensified recently, particularly on crypto Twitter, where Degens markets the $PONKE meme
Read more on cryptonews.com