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3 cryptocurrencies with the biggest gains in October

source-logo  finbold.com 31 October 2023 13:13, UTC

October was a positive and highly volatile month for the broader cryptocurrency market. Bitcoin (BTC) surged by 28% in the last 30 days, driving other projects to massive gains in a short-term bull rally.

In particular, Injective (INJ), Mina (MINA), and Solana (SOL) led the top 100 cryptocurrencies in performance, with monthly gains of 71.25%, 58.54%, and 58.18%, respectively, as per data retrieved by Finbold from CoinMarketCap’s 30-day top gainers on October 31.

Interestingly, Solana has been carving its results as one of the best-performing crypto year-to-date. At the same time, Injective has been surprising many analysts with extraordinary gains in October, going up in ranks by market capitalization to the 44th position, according to CoinMarketCap.

Injective (INJ)

Meanwhile, INJ is trading at $13.62 per token for the best month-over-month performance in the top 100 crypto. Injective’s 24-hour volume is at $78.95 million, for 7% of its $1.14 billion market cap.

Mina (MINA)

The Mina Protocol is changing hands by $0.62 at the time of publication, being traded as high as $0.8998 in October. MINA’s 24-hour volume is at $50.98 million, for 8.3% of its $614.73 million market capitalization.

Solana (SOL)

Solana has the highest market cap among the three best-performing cryptocurrencies in the month. Trading at $36.63 by press time, with a 24-hour volume of $1.26 billion and over $15.29 billion capitalization. SOL is already up by 5.27% on the last day of the month.

On the other hand, Maker (MKR), Uniswap (UNI), and Curve DAO (CRV) were the top losers in October, with accumulated losses superior to 6% in the last 30 days.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

finbold.com