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Cryptocurrency News Articles
MANTRA (OM), ORDI (ORDI), Monero (XMR), Stacks (STX), and JasmyCoin (JASMY) Are This Week's Top Gainers
Jun 10, 2024 at 05:54 pm
The market has been doing well this week, as today's price rise shows. This week's pump can be attributed to ETF inflows and the expectations of more to come
The market structure has been bullish this week, as today’s price rise shows. This week’s pump can be attributed to ETF inflows and the expectations of more to come, which has excited people more about crypto goods.
The market has seen gains across the board this week, with some tokens performing better than others. Some of this week’s top gainers include MANTRA, Ordi, Monero, Stacks, and JasmyCoin, among others.
MANTRA (OM) is a top gainer in this week’s session, as seen from its price movements. As of press time, MANTRA, trading at $1.06, had seen a 22.6% pump from its previous seven-day price, as its market cap stood at $2B during the same period.
MANTRA’s price surge over the period can be attributed to a recent development by the network. An in-depth analysis shows that MANTRA and Ondo Foundation will incentivize a multi-chain USDY vault, allowing USDC contributors to low-risk, short-term US treasuries yield.
As seen from its price movements, ORDI (ORDI) is another gainer in today’s session. As of press time, ORDI, trading at $56.13, had seen a 22.29% pump from its previous seven-day price, as its market cap stood at $2B during the same period.
ORDI’s price surge over the period can be attributed to a recent development this week on June 5th. Ordi Launched a node sale, which saw customers buy with BTC or ETH on Arbitrum and Ethereum. This development might have stirred renowned optimism on the token.
Monero (XMR) is another gainer in today’s session, as seen from the price movements. As of press time, Monero, trading at $178.66, had seen a 15.7% pump from its previous seven-day price, as its market cap stood at $2B during the same period.
Monero’s price surge can be attributed to the community’s recent event. On June 6th, the community shared that MoneroKon 2024 had begun. The conference and hackathon were to occur at the renowned Paralelní Polis in Prague, Czech Republic, from June 7th to 9th, 2024.
Stacks (STX) is another top gainer in today’s session, as evidenced by the token’s price movements. Stacks, trading at $2.18, had seen a 14% pump from its previous seven-day price, as its market cap stood at $2B during the same period.
The Stacks price review can be attributed to builders preparing for groundbreaking Q3 and Q4, with significant upgrades and launches coming to Stacks. This development has seen the number of community members increase.
Its price movements show that JamsyCoin (JASMY) is another gainer in today’s session. JasmyCoin, trading at $0.03781, saw a 10.5% pump from its previous seven-day price, as its market cap stood at $2B during the same period.
JamsmyCoin’s price surge over the week can be attributed to a recent event. On June 2nd, the JasmyCoin community announced their event in Saigon, which might have increased interest in the token.
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