During the past week, several digital assets showed impressive price growth despite Bitcoin prices fluctuating between $81,000 and $87,000. Let's take a look at the top 5 gainers over the last seven days.
BugsCoin (BGSC)
BugsCoin recorded an impressive price surge of almost 574% over the past seven days. The coin began a significant price hike on March 18, when its market cap reached over $8 million, topping $63 million earlier today. On March 18, the founder of BugsCoin announced the burn of the entire supply of 50 billion tokens, with confirmation today of a $4 million BGSC burn completion. BugsCoin is a Web3 simulated trading platform designed to empower the next generation of traders.
Api3 (API3)
Api3 recorded a price surge of over 108% in the past seven days. The coin surged from $0.6 on March 17, nearing $1.49 on March 23. At the moment of writing this article, API3 trades at $1.28, with a market cap of over $111 million. On March 18, the project team stated that Api3 powers the top lending protocols in the 0xmantle ecosystem and is locking in OEV rewards. Api3's goal is to allow decentralized versions of APIs to be built and monetized at large scales.
Banana for Scale (BANANAS31)
BANANAS31 saw a price surge of almost 99% in the past seven days. The coin began a significant surge on March 19 from a market cap of approximately $24 million, topping almost $63 million on March 21. At the moment of writing, the digital asset has a market cap of over $56 million. On March 20, Binance announced the launch of futures trading for the coin. BANANAS31 is a memecoin deployed on the BNB Chain.
The top 5 gainers of the week demonstrated significant price increases, showcasing strong interest and development in various cryptocurrency projects. Investors continue to keep a close eye on these movements, assessing potential for future investments.
