Top 5 crypto gainers this week

The last week of April saw some significant changes in the crypto market on the back of some global events. After Tesla boss Elon Musk bought Twitter, the market rose over 3% or more, only to fall back in the next few days as Bitcoin slumped under US$40,000, losing 2.85% in the last seven days.

Overall, it was a mixed week for the market with the likes of Dogecoin, and ApeCoin gaining significantly, but most tokens suffered losses. Amid all the chaos, the overall market cap of the crypto market stood at US$1.81 trillion, still managing to hold high with a gain of 0.16% over the last day. The sales volume too saw a significant bump as it was up by over 20% and was placed at US$99.91 billion.

Also read: Why is UK FCA perturbed about the crypto debate?

Let’s look at the top five gainers of the week who have made the biggest moves in the market.

yOUcash (YOUC)

Mcap: US$894,189,580

Developed by YOUengine, YOUC aims to be a decentralised, tokenised platform that operates on the Ethereum protocol. Through the protocol, YOUC would offer fast and borderless micropayments from advertisers to YOUapp users.

As a tokenised advertising platform with over 200 million advertisers, around four billion users get the opportunity to earn for watching the ads. YOUC over the past week or so has managed to register gains of over 2553.11%, as per CoinMarketCap. On 29 April, YOUC was doing well on the market as it was up by 47.27% in the past 24 hours and was trading at US$0.106247 with a 24-hour trading volume of US$348,181.

On 29 April, YOUC was witnessing a massive volume rally as well and was enjoying a spike of over 9867.11% over a day.

MobileCoin (MOB)

Mcap: US $390,464,410

Launched on: 6 December 2020

Built on top of Stellar blockchain, the MobileCoin is primarily designed to be deployable in devices such as mobiles. It focuses on delivering a product that is not just user-friendly by also secure and offers privacy.

It offers features such as instant P2P transactions in a decentralised and private manner through the desktop or mobile messaging apps. With the ability to finalise a transaction with one block in a second, the token relies on its utility token MOB to be used as the means of currency to exchange goods and services.

The MOB token over the past week has been the second-highest gainer at the time of writing amassing gains of over 64.97%.

At the time of writing, the 223-ranked MOB token was trading at US$5.38 with a 24-hour trading volume of US$11,351,210 and was still garnering a healthy rally of over 50% on Friday.

ApeCoin (APE)

Mcap: US$6,341,906,335

Launched on: 18 March 2022

Developed by Yuga Labs’s Bored Ape Yacht Club, the ApeCoin project is a decentralised and community-led governance token. The APE Foundation aims to ensure the growth and development of the APE ecosystem, which is built on top of the Ethereum blockchain.  

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Operating on the Proof-of-Work consensus mechanism, the ApeCoin DAO is designed to offer a fair and inclusive ecosystem for its holders in an open and permissionless manner.

Riding high on a bull run, the token recently breached its all-time high on 28 April, which saw it reach US$26.70. APE has already amassed gains of over 54.30.28% over the past week.

At the time of writing, the token was trading at US$21.83 with a 24-hour trading volume of US$7,253,048,073. APE crypto was doing well even on 29 April as it was up by 7.53% in the past 24 hours.

Mines of Dalarina (DAR)

Mcap: US$308,415,043

Launched on: 4 November 2021

The Mines of Dalarnia (DAR) token package is an action-packed blockchain game that is built on top of the Ethereum and Binance Smart Chain blockchain network.

The DAR users can mine and combine their in-game times and utilise them to upgrade their characters, which helps them complete conquests. This results in them not only increasing their rank within the game but also earning impressive rewards in the process.

The users of the game own assets such as non-fungible tokens (NFTs), which can be traded on open markets, with an open record of all transactions.

The DAR token has been seeing highs for the past seven days amassing gains of over 61.80%, as per CoinMarketCap. The DAR crypto seems to be continuing its hot trend as it was up by 21.10% on 29 April. The 155-ranked token was trading at US$1.65 with a 24-hour trading volume of US$1,885,217,776.

Also read: Project Galaxy (GAL) crypto: Is it really unique as it claims?

PlatonCoin (PLTC)

Mcap: US$97,943,335

Launched in: September 2020

PlatonCoin (PLTC) is the crypto token of Platon Finance and is aimed at developing a community through blockchain technology. It aims to bring in together the world of digital currencies and business with social needs and lifestyles.

The Czech company offers a staking facility, which helps them earn monthly rewards. Built on top of the Ethereum blockchain, the PLTC token allows holders to engage with the entire Platon Life ecosystem. With its unique insurance for its digital wallet, the protocol offers services in leading cryptocurrencies such as BTC, ETH, etc.

The PLTC token in the last one week has witnessed gains of over 30.42% and on 29 April was trading at US$0.900078 with a volume of US$678,163. The PLTC crypto was up by 2.03% in the past 24 hours and was having a live market cap of US$97,940,211.

Conclusion

The week has been a perfect example of high volatility where one incident has seen the price of cryptos increasing only to recede. Market participants should make sure that they stay abreast of the trends and keep an eye on the market before making any investment decisions.  

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