New data reported by CMC today showed that the cryptocurrency market buzzed with fresh actions this past week, with several assets evolving to be the biggest crypto gainers. Here are the top seven performers over the past seven days, according to the data.
Top gainers of the week
Quant (QNT): 16.46% price growth
Quant (QNT) emerged as the top performer in the cryptocurrency market over the past week, with a 16.46% price growth. The increase suggests a sustainable, strong bullish trend, as QNT’s price currently stands at $109.71, up 17.0% and 31.2% over the past two weeks and one month ago, respectively.
One of the major catalysts for QNT’s surge is its recent selection by the European Central Bank (ECB) to participate in its digital euro project. On Tuesday, May 27, QNT was picked to offer the infrastructure needed for a P2P platform that would enable users to conduct transactions with the digital euro.
DeXe (DEXE): 15.01% price rise
DeXe (DEXE) took the second position with a 15.01% weekly price rise, indicating heightened interest in the altcoin. The figure shows that DEXE is attracting investors’ interest due to its current increase in value. Today, the token’s price stands at $14.19, a rise that has generated enthusiasm among those looking for alternative altcoins with growth potential.
Cronos (CRO): stirred 9.33% price surge
Cronos (CRO) followed with a 9.33% price surge noted over the week. The asset has also been up 12.1% in the past month due to growing investor interest. These gains allow the asset’s value to currently trade at $0.1022, pushed by bullish sentiment and accumulation.
SPX6900 (SPX): up 7.93%
SPX6900 (SPX) took the fourth position with a 7.93% weekly price increase. The meme coin became the fourth asset to gain the most this week with its surge, indicating its bullishness, with the community expressing confidence in its price movement.
Zcash (ZEC): up 6.05%
Fifth on the list is ZEC which recorded a 6.05% price increase this week. The current growth is attributed to increased token purchases, driven by strong bullishness and heightened interest in assets driven to enhance privacy issues amid increased worries about online privacy and a need for safe transactions.
Toncoin (TON): up 4.94%
Toncoin (TON) secured the sixth spot with a 4.94% weekly price surge. The major contributor to this rise is the recent collaboration between Telegram and Xai, an AI firm powered by Elon Musk. The partnership marks a move by Telegram to integrate AI into its social media network. The growth comes amid rising interest in incorporating artificial intelligence within social networks.
UniSwap (UNI): up 3.41%
Lastly, UniSwap (UNI) wrapped this weekly top gainers’ list with a price rise of 3.41%. UNI’s value currently hovers at $6.15, up 16.7% in the past month. The ongoing, positive price action indicates users’ attraction to UniSwap’s DeFi platform and increasing activity within the UniSwap ecosystem.
