In a week marked by crypto market fervor, the majority of the top 100 cryptocurrencies have witnessed a remarkable surge in market value, with THORChain (RUNE), Chainlink (LINK), Kaspa (KAS), OKB, and Neo (NEO) marking as standout performers. According to data from Santiment, these assets have seen impressive gains of over 10%, capturing the attention of investors and enthusiasts alike.
In a tweet by Santimentfeed, the crypto realm rejoices as major assets surge +10%, with THORChain (RUNE), Chainlink (LINK), Kaspa (KAS), OKB, and Neo (NEO) leading the charge:
🥳 The majority of top 100 #crypto assets are up +10% in market value over the past week. Some notable standouts have been $LINK, $OKB, $KAS, $RUNE, and $NEO. Pay attention to social volume rises as well, where #FOMO from new entries into the space have extended this rally. pic.twitter.com/z8SVl0q8mu
— Santiment (@santimentfeed) November 9, 2023
Leading the charge is THORChain’s native token, RUNE, which experienced a substantial 30.59% increase in market value over the past seven days. Trading at $3.82, THORChain has not only seen a surge in value but has also demonstrated a notable rise in social volume. The cryptocurrency currently holds the 46th position in the market cap rankings, boasting a total market capitalization of $1,291,536,079.
Chainlink (LINK) also joined the rally, showcasing a significant 30.31% gain over the week with its current porice at $14.54. With a market cap of $8,016,747,837, Chainlink sits comfortably at the 12th position. The coin’s 24-hour trading volume spiked by 40.48%, reaching $1,512,195,061. Investors closely monitored the rise in social volume, signaling increased interest and potential FOMO among new entrants into the crypto space.
Kaspa (KAS) has experiencing an astounding 77.81% surge in market value within the week. Priced at $0.09093, Kaspa secured the 32nd position in market cap rankings with a total market capitalization of $1,951,548,618. The coin’s 24-hour trading volume soared by 57.29%, reaching $153,629,052, highlighting the growing interest in this relatively lesser-known cryptocurrency.
Neo (NEO) also contributed to the crypto rally, boasting a 49.34% increase in market value. Trading at $13.92, Neo currently holds the 50th position in market cap rankings, with a total market capitalization of $981,891,940. The coin witnessed a remarkable surge in trading volume, with a 289.27% increase, reaching $609,707,435.
Additionally, OKB, the native cryptocurrency of the OKX exchange, has showcased a robust performance with a notable 33.38% increase in market value over the past week. Priced at $60.14, OKB has demonstrated its strength with a market cap of $3,608,115,620, securing its position as the 22nd largest cryptocurrency. The coin’s trading volume has experienced a significant uptick, surging by 48.58% in the last 24 hours and reaching $44,243,979. The volume-to-market cap ratio stands at 1.22%, indicating a healthy level of market activity.
As the crypto market continues its dynamic movement, investors are closely monitoring these standout performers. The surge in social volume indicates a potential influx of new participants, contributing to the overall bullish sentiment. It remains to be seen how these cryptocurrencies will fare in the coming days. But for now, the crypto community is abuzz with excitement over the recent market surge.
