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Savvy investors always reposition themselves for the next big winners. Today, new data reported by CMC listed the 10 best-performing coins with the most significant gains noted over the past week.
Top 10 gainers of the week
Internet Computer ($ICP)
According to the data by CMC, Internet Computer ($ICP) emerged as the top performer in the digital asset market this week. The altcoin added a price growth of 5.69% registered over the past seven days. The reasons for its positive, impressive week include the following. A wider bullishness in the crypto market, especially with Bitcoin’s ongoing bull run, triggers a positive momentum to altcoins. Also, $ICP’s advanced capabilities like AI-driven features, and enhancements in security and scalability, among others, attract investors and traders, boosting demand for this crypto AI token.
Injective ($INJ)
Injective ($INJ) took the second position with a price rise of 4.91% gained over the past week. It is currently priced at $12.98%, further reflecting an increase of 11,1% recorded over the past month. This shows its regained strength amid increased interest in greater efficiency DeFi protocols like Injective.
SPX6900 ($SPX)
SPX6900 ($SPX) secured the third place with a price climb of 4.79% acquired over the past seven days, significantly outperforming major digital assets like BTC, ETH, and many others. Its value also spiked 36.5% in the past two weeks and 71.5% over the past month, a significant price rally driven by robust buying momentum. Furthermore, $SPX’s price growth of 11931% earned over the past year shows that it is one of the most profitable cryptocurrencies for long-term holders.
Hyperliquid ($HYPE)
Next is Hyperliquid ($HYPE), which experienced a weekly price gain of 4.73%. Also, the value of the decentralized exchange (DEX) token has been up 10.2% over the past two weeks and 43.5% in the last 30 days. Greater investment confidence and increasing interest in DeFi have contributed to the drastic rise of $HYPE’s price. Another major contributor was the recent announcement by Binance.US to roll out spot trading for $HYPE soon.
Sky ($SKY)
Fifth on the list is Sky ($SKY), formerly MakerDAO, recorded a price rise of 4.33% garnered over the week. The rebranding created a significant milestone as Sky, a DeFi token, was designed to provide a simpler user experience. The asset has acquired strong gains over recent weeks. Since its low of $0.632 noted on May 31, the altcoin has rallied by 11.4%, currently trading at $0.07284, showing the token’s strong buying pressure.
Other top players in the market
Other top gainers of the week include AB, $ZEC, $UNI, $TRX, and $ENA.
AB (AB) secured the sixth position with a price surge of 4.21% noted over the last seven days. Zcash ($ZEC) followed with a weekly price growth of 3.40%.
Next is Uniswap ($UNI), which registered a weekly price increase of 2.97%. Then, Tron ($TRX) occupied the ninth place with a price hike of 2.63%. And lastly, Ethena ($ENA) wrapped this list with a weekly price upsurge of 2.28%.