Market Capitalization Overview
According to CoinMarketCap, among the top gainers, only SNX finds itself within the top 100 in terms of market capitalization, currently ranking at 48th place.
* In the 101-200 market cap range, ENJ has experienced a surge of around 20%.
* In the 201-300 range, DORA led the pack with a 15% increase. Additionally, four other coins—HPO, UNFI, DODO, and PEG—posted gains of 70%, 17%, 14%, and 10%, respectively.
* In the 301-400 range, six coins—TSUKA, CEL, BAKE, TLM, LEVER, REEF—saw increases of around or above 10%, with gains of 28%, 11%, 11%, 10%, 10%, and 10%, respectively.
* In the 501-600 range, no coin increased by more than 10%, although RFR did show a modest increase of 9.3%.
A Historic Decline
It’s crucial to note that all these coins have depreciated by over 90% in value since 2021, underlining the extreme volatility and associated risks in the cryptocurrency market.
One Key Factor to…
