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$NEAR Protocol ($NEAR), ApeCoin ($APE), and PancakeSwap ($CAKE) have emerged as the leading gainers among mainstream crypto assets, defying the prevailing market downtrend that has affected tokens like bitcoin ($BTC) and ether (ETH).
According to data from CoinMarketCap, $NEAR currently holds the top spot among the top 100 assets, exhibiting a remarkable 7.5% increase in the past 24 hours, despite the market-wide decline.
$NEAR experienced a minor setback yesterday, with a 0.85% drop. However, bullish support quickly emerged, enabling the asset to rebound from the slump. Consequently, $NEAR has surged by over 11% today and is presently valued at $1.57.
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Securing the second position on the list of top gainers is ApeCoin ($APE), which has witnessed a significant surge of 5.14% within the past 24 hours. At the time of reporting, $APE is trading at $2.41. $APE’s recent price movements have deviated from broader market trends.
While the market-wide rally triggered by Bitcoin’s recovery on June 15 had a marginal impact on ApeCoin’s price, the asset remained relatively stable until April 21. On April 25, $APE embarked on a unique rally while $BTC and the rest of the market faced opposition. This rally has extended into today, solidifying $APE’s current position.
In close pursuit on the list of top gainers is $CAKE, exhibiting a 3.56% increase within the past 24 hours. Although $CAKE’s price movements mirror those of $APE over the past week, the asset has failed to build upon the rally it experienced yesterday. Notably, $CAKE concluded yesterday with an impressive 13.30% increase, representing its highest intraday gain over a year.
However, the asset could not sustain this momentum today, resulting in intermittent declines. Consequently, $CAKE has retraced some of the gains accumulated yesterday. Despite this bearish turn of events, $CAKE maintains a price above $1.50 and is currently trading at $1.55.
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