Key Points
- The high 5 tokens of the previous week are DEEP, MICHI, RETARDIO, HOPPY, and BICO.
- The tokens noticed worth surges of between 28% and 32% previously seven days.
Last week the crypto market noticed intense volatility with Bitcoin reaching costs over $73,000. Other tokens recorded spectacular worth surges as nicely.
Top 5 Gainers of Last Week
1. DeepBook Protocol (DEEP)
DEEP noticed the best worth surge of round 32% throughout the previous seven days. At the second of writing this text, DEEP is buying and selling near $0.05, after reaching a peak of $0.06 on November 1, and one other high at one other high on the identical ranges on October 30.
Now, the token has a market cap of over $123 million.
On October 31, DeepBook Protocol on Sui announced that they’re on their solution to onboarding as many customers and builders as potential on the Sui Network.
Also, on October 31, they announced that the DeepBook v3 Testnet Rewards pool elevated.
DeepBook is a decentralized central restrict order e-book (CLOB) that’s constructed on Sui. The protocol leverages Sui’s paralleled execution and low transaction charges to deliver a extremely performant, low-latency change on-chain.
2. Michi (SOL) – MICHI
MICHI is one other token with spectacular positive factors throughout the previous 7 days, reaching a surge of 32%. At the second of writing this text, MICHI is buying and selling above $0.34, and the coin has a market cap of over $192 million.
The token had a unstable week hitting a backside on November 3, at $0.26. However, the coin’s worth peaked on October 31 when it hit costs near $0.39.
On November 1, the workforce behind the undertaking announced its itemizing on WOO X.
MICHI is a memecoin constructed on Solana.
3. Retardio (RETARDIO)
RETARDIO token noticed a worth surge of round 32% previously week, and it’s now buying and selling near $0.17. Now, the token has a market cap of over $164 million.
The token kicked off a notable worth surge throughout the previous week from $0.12 ranges on October 31, and its worth topped $0.19 on November 1 and the following day, on November 2.
RETARDIO is a memecoin on Solana.
4. Hoppy (HOPPY)
HOPPY recorded a worth surge of over 29% previously seven days and it’s presently buying and selling above $0.0002, after a unstable week. Its present market cap is over $112 million.
The token noticed a worth surge that debuted on October 29 and its worth peaked on October 31 above $0.0003.
HOPPY is a memecoin launched on the Ethereum blockchain paying homage to an Internet meme primarily based on the well-known comedian e-book referred to as “The Night Riders” printed in 2012 by artist Matt Furie.
5. Biconomy (BICO)
BICO noticed a surge in worth over 28% previously 7 days. The coin is now buying and selling above $0.23, and it has a market cap of over $201 million.
During the previous seven days, the coin noticed an ascendant development starting on October 29 from a worth stage of $0.18 and its worth peaked on November 2, above $0.24.
On October 31, Sonic Labs announced that Biconomy equips builders with AA (account abstraction), bringing gasless transactions, social logins, and on-click interplay to their apps. AA is essential to creating Web3 apps extra accessible.
Biconomy is a multichain relayer protocol that goals to enhance the person onboarding and transaction expertise on dApps. The undertaking’s primary objective is to make Web3 merchandise as intuitive and straightforward to make use of as Web2 merchandise.
Today, the general market of memecoins skilled a drop of over 3% in its whole market cap in response to knowledge from CoinGecko, regardless of a number of the spectacular worth surges recorded final week.