After the recent price surge, the crypto market is slowly recovering. Many cryptocurrencies are moving toward the bull run. Bitcoin, the world’s largest and most popular crypto, has finally managed to cross the $22k mark, which also resulted in the global crypto market cap surpassing $1 trillion.
Here are the top 5 cryptocurrencies toward price rally this week:
Experts remain conflicted on whether bitcoin has bottomed out yet. The world’s most popular cryptocurrency is currently trading at $22,873.73 with a 24-hour trading volume of $24,501,749,438. BTC has surged by nearly 0.61% during the day. Interestingly, during the last seven days, it has increased by 9.72% making it one of the best cryptocurrencies making a tremendous surge.
XRP has gained the trust of both financial institutions and investors. It is one of the currencies that have been doing fine during the last couple of weeks is Ripple, an open-source, permissionless, and decentralized technology. XRP’s price has been up by 5.74% in the last 24 hours.
Shiba Inu (SHIB)
Shiba Inu has been one of the top gainers over the last couple of weeks. SHIB’s price has turned green in the last 24 hours due to the bullish market. Its current price is $0.0000121 – 0.56% higher than in the previous 24 hours, making it one of the best cryptocurrencies to consider this week.
Cardano possesses unique characteristics that could help increase its real-world adoption. With continued developments taking place within the ecosystem and in the crypto asset market as a whole, the coin has been performing really well. According to Wallet Investor’s prediction, Cardano is a good short-term investment option.
Polkadot is an open-source shared multichain protocol. The current price of DOT is $6.37 with a one-day trading volume of $287,474,470. Polkadot has risen by nearly 2.28% during the past 24 hours. It currently holds the 12th position on CMC.