Top Cryptocurrency Gainers

• Notcoin (NOT), Toncoin, and GALA emerged as the top three gainers in the cryptocurrency market.

Bitcoin (BTC), the primary digital currency, displayed volatile behavior, hovering below $69,000 early in the week. Despite fluctuations, BTC traded in the $68,000 to $70,000 range over the past week. In the last 24 hours, BTC saw a minimal increase of about 1.51%.

The global crypto market cap currently sits at $2.55 trillion, showing a modest 0.35% rise in the past day. The market heatmap indicates a slightly positive trend, with many cryptocurrencies experiencing price recoveries.

On the contrary, popular altcoins like Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) observed slight decreases. The Fear & Greed Index for the market is at 60, signaling a sentiment of greed, as per CoinMarketCap data.

Notcoin (NOT) has been the best performer for seven consecutive days, with a remarkable 24-hour surge of over 19.53%. In contrast, Synthetix (SNX) experienced the most significant decline, dropping by 8.49% within the same period.

Notcoin (NOT)

• Market Cap: $2.18 Billion
• Trading Volume: $4.53 Billion

Notcoin leads the gains, escalating by 54% to a record high of $0.02896 from $0.01875. Currently trading at $0.02125, NOT has a market cap of $2.18 billion, marking a 19.53% increase in the last 24 hours.

Since its introduction in mid-May, Notcoin has shown a positive trajectory, fostering increased market transactions. Its trading volume surged by 162% in 24 hours, reaching $4.53 billion.

Toncoin (TON)

• Market Cap: $16.10 Billion
• Trading Volume: $498 Million

Toncoin is the second top gainer, rising by 20% in the last 24 hours, climbing from $6.37 to $7.03. While currently trading at $6.70, TON maintains a market cap of $16.10 billion.

Transaction activity for Toncoin spiked, elevating its daily trading volume by 250% to $498 million. This surge indicates an optimistic outlook, with TON trading above the 7-day SMA and following an upward trajectory on the 4-hour chart.

GALA (GALA)

• Market Cap: $1.48 Billion
• Trading Volume: $318 Million

Gala, a layer 1 blockchain solution, attracted attention with a 10% increase in value from $0.043 to $0.047 over the last day. With a market cap of $1.49 billion, GALA saw its trading volume rise by 140% to $318 million.

Despite positive market performance overall, certain cryptocurrencies like Synthetix (SNX), Arweave (AR), and Beam (BEAM) couldn't sustain their gains and experienced downward trends after earlier bullish movements.