The top three gainers in the market were Ondo, Lido DAO, Chainlink.
The crypto market witnessed a surge in market cap by 4.5% this week.
In the past 24 hours, the crypto market has witnessed a dip in market cap by 3.19%. Bitcoin has struggled to maintain its prices above the $66K resistance. While the leading altcoin ETH prices have dropped 3.54% in the past 24 hours. However, over the week the crypto market exhibits a surge in market cap by 4.5% increasing from $2.4T to $2.5T.
According to CMC data, the top three gainers over the past 24 hours are Ondo, Chainlink, Lido DAO.
Ondo (ONDO)
ONDO, the native token of DeFi protocol Ondo Finance, tops the chart with the maximum surge in the market over the past 24 hours. Ondo Finance is a well-known player in the up-and-coming real-world asset (RWA) sector.
Ondo (ONDO) Trading Price Chart (Source: CoinMarketCap)
In the past 24 hours, having increased by 16.01%, the token is trading at $1.13 at the time of writing. On May 23, the token was still trading under $1, but in the opening hours of today, prices began climbing steadily. Ondo’s market price hit a monthly high of $1.14 momentarily.
Lido DAO (LDO)
Lido DAO, the native token of the Lido Protocol, is among the top five to witness price surges today. LDO, at the time of writing, is trading at $2.44 having hiked by 14.55% in the past 24 hours.
Lido DAO (LDO) Trading Price Chart (Source: CoinMarketCap)
The prices, however, have shown heightened volatility within the one day span with momentary dips to $2.06. Lido DAO has shown an impressive upsurge in the past seven days, beginning the week at a market price of $1.818. The monthly price performance of LDO stands at 14.68% according to TradingView data.
Chainlink (LINK)
LINK, the native token of blockchain oracle platform Chainlink, ranks second on the gainere’ dashboard. Chainlink has gained prominence in the blockchain sector with its Cross Chain Interoperability Protocol (CCIP).
Chainlink (LINK) Trading Price Chart (Source: CoinMarketCap)
LINK has shown a significant increase in market price today. At the time of writing, the altcoin is trading at $17.64 with a 24-hour increase of 7.62%. LINK has exhibited a monthly price increase of 12.14%. The digital asset is leaning towards a price recovery to revisit its yearly high at the $21 mark.
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