{"id":533241,"date":"2023-05-16T15:00:21","date_gmt":"2023-05-16T15:00:21","guid":{"rendered":"https:\/\/wncen.com\/?p=533241"},"modified":"2023-05-16T13:59:14","modified_gmt":"2023-05-16T13:59:14","slug":"top-5-cryptos-ready-to-ignite-the-week","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/top-5-cryptos-ready-to-ignite-the-week\/","title":{"rendered":"Power Play: Top 5 Cryptos Set To Ignite The Week With Decent Gains"},"content":{"rendered":"
After a disastrous week, the digital currency market , including the top 5 cryptos, is ready for a recovery. According to CoinGecko<\/a>, the crypto market’s total market cap increased by nearly 2% in the past 24 hours.<\/p>\n Although the broader financial market is still closely monitoring<\/a> the US debt ceiling crisis, Bitcoin and Ethereum’s recent localized rallies, along with the strong performances of the top 5 cryptos, pulled the market upward.<\/p>\n KAVA<\/strong><\/p>\n Although last week was painful for investors, KAVA saw gains in both TVL and price. According to <\/span>DefiLlama<\/span><\/a>, the Kava ecosystem\u2019s TVL grew by over 3% in the past 24 hours with steady gains since last week. KAVA itself is experiencing bullish pressure, with the <\/span>token<\/span><\/a> up more than 43% in the past seven days.\u00a0<\/span><\/p>\n <\/p>\n The token\u2019s current momentum seemed to be slowing down, showing signs that KAVA may face losses in the short term. However, a rebound from $0.782 will open the path to $1.46 as investors gain confidence along with the general market rebound.\u00a0<\/span><\/p>\n LDO<\/strong>\u00a0<\/span><\/p>\n After <\/span>implementing<\/span><\/a> Lido V2 in February, Lido has exempted itself from the general market downturn in the past few weeks. According to CoinGecko, the price of LDO rose by nearly 23% since last week. This shows investors’ strength along with a strong <\/span>strategic partnership<\/span><\/a> to ensure Lido\u2019s dominance in the DeFi industry.\u00a0<\/span><\/p>\n Calling all #Ethereum<\/a> frens \ud83d\udce2 #OKX<\/a> Wallet Web Extension is now integrated with @LidoFinance<\/a> \ud83e\udd1d<\/p>\n Stake your ETH, manage your funds seamlessly, and enjoy the multichain #DeFi<\/a> benefits via OKX #Web3<\/a> Wallet with just a few clicks \ud83d\uddb1\ufe0f<\/p>\n \u2014 OKX (@okx) May 13, 2023<\/a><\/p><\/blockquote>\n LDO bulls are currently trying to flip the $2.08 resistance to support opening up a path toward $2.8. LDO\u2019s rise to this price point is inevitable, but this can only happen if the current momentum of the market continues its bullishness. Monitoring the price movement of the major cryptocurrencies will give investors an edge over the bears.\u00a0<\/span><\/p>\n BGB<\/strong><\/p>\n With the <\/span>launch<\/span><\/a> of its cartoonified ETFs, Bitget\u2019s BGB gained dominance in the crypto market. <\/span>CoinGecko<\/span><\/a> data reveals that the token gained 15%, going against the grain of the market decline. This makes BGB a great token to hold at the moment.\u00a0<\/span><\/p>\n BGB has found support on $0.46. This will be the crucial support in which the token will find higher highs in the long run. With BGB following the current wave of the market, investors and traders will enjoy gains in the medium to long term.\u00a0<\/span><\/p>\n RPL<\/strong><\/p>\n Rocket Pool has been creating buzz recently as they <\/span>broaden<\/span><\/a> their horizons. Along with their <\/span>recent<\/span><\/a> Atlas upgrade, RPL gained the confidence of investors to manifest gains in the long run. According to <\/span>CoinGecko<\/span>, the token is up nearly 12% in the past few days following the rise of the major cryptocurrencies.\u00a0<\/span><\/p>\n \ud83d\ude80 Things are heating up for @Rocket_Pool<\/a>.<\/p>\n The protocol now has more than 500K $ETH<\/a> staked. That’s an 11% increase since the Atlas upgrade went live on April 17. Rocket Pool is now the 5th largest staking provider.<\/p>\n \ud83d\udd17 @samuel_haig<\/a> reports:https:\/\/t.co\/KB3Rr6ODsI<\/a><\/p>\n \u2014 The Defiant (@DefiantNews) April 27, 2023<\/a><\/p><\/blockquote>\n With the bulls targeting $53.67 resistance, a flip to support on this level will open up the path toward $58.88. However, this can only continue if the market keeps up the momentum. Thus, monitoring the current market sentiment will be beneficial for investors and traders.\u00a0<\/span><\/p>\n <\/p>\n B<\/strong>SV<\/strong><\/p>\n With the recent noise <\/span>created<\/span><\/a> by proponents that Bitcoin SV\u2019s bigger block size and lower transaction fees make it a better BTC alternative, BSV <\/span>increased<\/span><\/a> in value by 16% according to <\/span>CoinGecko<\/span>. Along with the <\/span>recent<\/span><\/a> listing on Bitforex, this coin will certainly continue to ride the bullish wave in the market.\u00a0<\/span><\/p>\n \ud83e\udd29More #brc20coins<\/a> will be added to BitForex: $BSV<\/a>, $ZBIT<\/a> and $OHMS<\/a><\/p>\n \u23f0Starts soon!<\/p>\n \ud83d\udd17More details: https:\/\/t.co\/z4PGJJ368o<\/a><\/p>\n \u2708\ufe0fTG Community: https:\/\/t.co\/A2T9QMAcah<\/a>#BitForex<\/a> #ORDI<\/a> #newlistings<\/a> #brc20coins<\/a> #Memes<\/a> pic.twitter.com\/qmLGeSrPAz<\/a><\/p>\nTop 5 Cryptos Expected To Pad Investors’ Portfolio With Gains\u00a0<\/strong><\/h2>\n
Source: DefiLlama<\/pre>\n
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Crypto total market cap slightly above $1 trillion on the daily chart at TradingView.com<\/a><\/pre>\n
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