On Monday, September 23, 2024, the total value of the cryptocurrency market reached $2.22 trillion, representing a 1.3% increase in just 24 hours. Over the past week, $BTC rose by 8.7% against the U.S. dollar, while $ETH posted an impressive 15.8% gain. However, several other digital currencies outperformed these top coins, showing even larger percentage increases.
Biggest Crypto Movers of the Week: CEL Soars, BNX Declines
Celsius Network’s token (CEL), associated with the now-defunct Celsius platform, experienced a massive 339% surge against the dollar, making it the only cryptocurrency to achieve triple-digit growth over the last seven days. Close behind CEL was Paal AI (PAAL), which gained 73%.
Immutable X (IMX) saw a 48% increase in value, while Sui (SUI) rose by 42%. Other notable gainers included Arkham (ARKM) up by 41.25%, Aero (AERO) rising 38.95%, Aptos (APT) gaining 37.09%, and Mog Coin (MOG) climbing 29.06%.
Beyond BTC, ETH, and stablecoins, $SOL led the week in trading volume, with Binance Coin (BNB), XRP, SUI, Dogecoin (DOGE), NEAR, PEPE, and Ondo (ONDO) following closely behind. Despite the market's overall positive trend, a few tokens—around six—recorded losses, dropping between 5% and 15%.
BinaryX (BNX) was the biggest loser, declining by 15.04% against the dollar. Catizen (CATI) followed with a 14.10% drop, while Trust Wallet Token (TWT) lost 11.51%.
Other notable losers included Dogs (DOGS), which fell 10.43%, Fasttoken (FTN), which slipped by 7.71%, and Rollbit Coin (RLB), which dropped 5.55%. Despite the week’s rally, CEL’s dramatic rise is surprising, given the token’s lack of an active use case—a momentum that may not be sustainable.
