• 11 December, 2024
Market News Price Analysis

TOP Gainers and Trending Tokens This Week: OM, EGLD, and GTAI

TOP Gainers and Trending Tokens This Week: OM, EGLD, and GTAI

For the past week, the entire crypto market has shown a downward trend, with the weekly overall market cap in the negative. Despite the overall downward trend, there are still coins that have gained and have shown remarkable growth in this volatile period. The Fear and Greed Index is 37, meaning the market is currently in a state of fear. 

MANTRA (OM), the top gainer of the week, has gained 15.71%, with prices at $0.8391. At the time of writing, the coin price increased by 12.81% within the last 24 hours and has a market cap of $704,435,475 and a volume (24h) of $36,858,388. It has an RSI of 56.45, indicating a neutral momentum, and the MACD line is above the signal line, representing a bullish trend. 

https://twitter.com/cryptotalemedia/status/1809485317201686887

MultiversX (EGLD) is another well-performing coin of the week, with a 7-day increase of 14.10% and a price of $33.32. At the time of publication, EGLD had a 1-day price increase of 10.93% and an RSI of 56.50, which represents neutral momentum. Furthermore, the MACD line is above the signal line, signaling a bullish trend. MultiversX has a market cap of $906,929,255 and a 24-hour volume of $65,268,593.

TRON (TRX) Breakout and Token Burn Signal Bullish Momentum

GT Protocol (GTAI) is this week’s top trending token. However, despite being a trending token, its 7-day price has declined by 14.02%. At press time, GTAI’s price has increased by 8.17% in the last 24 hours. It has a 24-hour volume of $9,974,169 and a market cap of $5,237,588. GT Protocol has the MACD line above the signal line, indicating bullish momentum, and the RSI is at 63.53, representing neutral momentum and inching towards overbought territory.

Other than these coins, this week’s top gainers include Tether Gold (XAUt) and TRON (TRX). Meanwhile, the top trending tokens include Onyxcoin (XCN), Alien Worlds (TLM), NEM (XEM), and Decentralized Social (DESO).

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