Bitcoin (BTC) added a modest 0.39% to its value, while ethereum (ETH) flexed with an impressive 6.5% jump during the same timeframe. Dominating the $3.35 trillion market, BTC commands a 57.7% share, with ETH holding a solid 12.5%. A big chunk of the day’s 1.46% rise can be attributed to alternative assets like aelf (ELF), which made waves with a jaw-dropping 60.69% single-day leap, pricing each coin at $0.676.
The metaverse token sandbox (SAND) enjoyed a 31.71% rally, trading at $ 0.727 per unit. Golem (GLM) wasn’t far behind, climbing 25.05% to $ 0.468, while ethereum name service (ENS) saw its value swell 23.90%, hitting $24.03.
Meme coins also joined the festivities, with the top five by market cap basking in gains on Monday. Among the meme coin champions were dasha (VVAIFU), which soared 87.4% today, and lucky coin (LKY), boasting a 46.3% boost.
AI-related tokens got their fair share of love too, kicking off the week with double-digit gains. Coins like TAI, GRASS, AGX, AITECH, and BLENDR surged between 26.72% and 47.46%. Within the top ten tokens by market cap, ETH and AVAX led the pack, climbing 6.5% to 12%, respectively. Smart contract tokens like SCRT, MODE, and KDA also enjoyed a stellar day, gaining between 32.4% and 39.7% against the U.S. dollar.
The week kicked off with some tokens stumbling out of the gate. XDC slipped by 3.59%, OM dipped by 1.54%, and XLM edged down by 0.75%. As the crypto market stirs with dynamic shifts, it’s clear that opportunities and pitfalls coexist in this ever-evolving space. With some tokens stealing the show and others faltering, traders are reminded of the unpredictable rhythm driving this $3.35 trillion economy. Adaptability and vigilance remain key, as market participants navigate the week’s trends with optimism and caution alike.
