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Layer-2 token Immutable X ($IMX), decentralized finance Pendle (PENDLE), and Solana’s dog-themed coin Bonk ($BONK) were the best performers among the top 100 cryptocurrencies in the last 24 hours.
Per data from crypto price aggregator CoinMarketCap, Immutable X currently trades at $2.70, a 13.74% jump from the previous day.
The coin’s 24-hour trading volume skyrocketed by more than 120% to settle at $222.6 million. $IMX has been on an upward trend for over a month, adding an extra 21.54% to its price from a month ago and 24.42% in the last seven days.
On its part, Pendle’s price went up 12% following trading action that saw $93.9 million worth of the coin changing hands over the last 24 hours.
The 24-hour trading volume was a 62.16% improvement on the previous day’s number and put Pendle as the 75th most traded cryptocurrency in that period, per data from CoinMarketCap.
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$BONK was third on the list of biggest gainers; its $0.00001286 price is an 8% uptick over the past 24 hours.
The price hike accompanied a massive 124.92% increase in its 24-hour trading volumes, valued at more than $280.3 million.
Over 48 hours, Bonk’s price rallied 30% as it rode the broader crypto market resurgence and took advantage of the positive sentiment that followed its announcement of the BONKrewards scheme.
Introducing BONKrewards by @ArmadaFi
— Bonk! (@bonk_inu) February 10, 2024
Lock your $BONK to earn rewards from Community built $BONK Eco products like BonkBot, SVB, and BONKswap.
Success of participating $BONK Ecosystem Products = more rewards for users who Lock their $BONK, with boosted rewards from the pool for… pic.twitter.com/ltQPMY4wTD
Dogwifhat (WIF), another popular Solana (SOL) meme coin, was among the top performers, gaining 25.7% on its price from one day ago.
The coin, which recorded a 24-hour trading volume of $29.79 million, is currently priced at $0.2862, bringing its market value to $282.7 million and earning it the 199th position in CoinMarketCap’s list of the most prominent digital assets by market capitalization.
Elsewhere, the more prominent meme coin Dogecoin ($DOGE) failed to make much of an impact, shedding 1.17% from its price and more than 8% from its 24-hour trading volume. This comes even as bullish $DOGE whales continued to buy the dip, spending as much as $27 million on the coin in the first week of February.
Read more: Dogecoin whales enter $27 million buying spree, will $DOGE price reach $0.1?