During the period from February 5th to 11th, 2024, several cryptocurrencies within the top 500 demonstrated significant growth in value, bringing joy to their holders. Particularly notable was the lesser-known cryptocurrency ERC20, whose value increased by 1050%, despite analysts not recommending investment due to its low liquidity and absence from major exchanges, raising doubts about its legitimacy.

Other cryptocurrencies also showed impressive growth: Space ID rose by 128.4%, reaching a price of $0.632 with daily trading volumes of $105.74 million. Arcblock surged by 94.3% to $1.12, with trading volumes of $5.09 million over the last 24 hours. The new cryptocurrency Dymension, listed on Binance, increased its value by 89.9% to $7.59, with daily trading volumes of $146.03 million. MANTRA and SuperVerse also demonstrated significant growth at 81.8% and 60.6% respectively, while Request and Beam recorded growth of 56.4% and 49.2% respectively over the week, with trading volumes exceeding $130 million.

This period was marked by significant interest in cryptocurrencies, confirming their growing popularity and potential for investors, despite certain risks associated with the volatility and legitimacy of some projects.