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Casper Network ($CSPR) is the standout gainer today, up by 86.3%. This sharp rise has placed Casper ahead of many other cryptocurrencies in today’s market. According to Phoenix, a leading crypto media outlet, the surge signals a growing interest in the platform’s blockchain solutions.
DAILY GAINERS$CSPR +86.3% $POND +76.7% $LMWR +71.6% $DAO +68.9% $LOOKS +58.8% $SCRT +58.6% $HBAR +34.2% $XLM +25.8% $LTO +25.6% $DRIFT +23.6%#dailygainers pic.twitter.com/C3mDbLMynq
— PHOENIX – Crypto News & Analytics (@pnxgrp) November 18, 2024
Marlin ($POND) Jumps 76.7% Amid Growing Interest in Blockchain Data Transport
Next is Marlin ($POND), which increased by 76.7%. This increase comes at the time when the project is attracting more attention for its decentralized data transport function. Marlin’s infrastructure seems to be contributing to the increase in the speed at which data is transferred via blockchain.
Limewire ($LMWR) also jumped by 71.6%. One of the most recent names to surface in the crypto sphere is the return of the legendary file-sharing program, Limewire. The project is now concentrating on the NFT market which has contributed to the latest developments of the project.
In the same period, the price of DAO Maker ($DAO) token surged by 68.9%. DAO Maker has emerged as a primary solution for tokenized venture capital, enabling new projects to issue tokens to fund their operations. It shows that investors are still interested in decentralized finance (DeFi) platforms as they are experiencing growth.
Crypto Market Sees Broad Gains Across DeFi, NFTs, Privacy, and Scalability
The price of LooksRare ($LOOKS) increased by 58.8% and the token’s price chart remained bullish. LooksRare is one of the most popular NFT marketplaces which success is based on its unique reward system for participants in the platform. The growing demand for NFTs is also putting the token to good use as well as helping to push up its popularity.
Other notable winners are Secret Network ($SCRT) up by 58.6% and Hedera ($HBAR) up by 34.2%. These two projects are both about scale and privacy. At the same time, XLM ($XLM) went up by 25.8% and LTO Network ($LTO) by 25.6%. The rest of the top gainer list was occupied by Drift Protocol ($DRIFT) with a 23.6% gain.
The current market is characterized by good results in most industries. These tokens belong to various sectors of decentralized finance, non-fungible tokens, privacy, and scalability demonstrating the versatility of the crypto market. These developments have been closely observed by investors in the search for evidence of a sustained improvement.