Market capitalization overview
According to CoinMarketCapone of the biggest gainers, only SNX is in the top 100 by market cap and currently ranks 48th.
* In the market cap range of 101-200, ENJ has experienced an increase of approximately 20%.
* In the series 201-300, DORA was the leader with an increase of 15%. Additionally, four other coins – HPO, UNFI, DODO and PEG – posted gains of 70%, 17%, 14% and 10% respectively.
* In the 301-400 range, six coins (TSUKA, CEL, BAKE, TLM, LEVER, REEF) saw increases of about 10% or more, with gains of 28%, 11%, 11%, 10%, 10%, and 10% respectively.
*In the 501-600 range, no coin rose more than 10%, although RFR did see a modest gain of 9.3%.
A historic decline
It is crucial to note that all of these coins have fallen in value by more than 90% since 2021, underscoring the extreme volatility and associated risks in the cryptocurrency market.
One key factor to keep an eye on
Most of these coins are up more than 20% in the last two months.
*SNX previously rose 25%, with an amplitude of 52%, on July 14.
* FORTH saw an increase of 14.5% on July 18 with an amplitude of 46%, and again 36.6% with an amplitude of 55.6% on July 27.
*DODO rose 36.3% on August 7 with an amplitude of 43%.
* BAKE rose by 31% and 15% consecutively on August 13 and 14.
Extra information
Top 10 winners in the last 24 hours on Binance:PERP, FORTH, UNFI, ENJ, SNX, DODO, BEL, BAKE, REEF, TLM.
Coins to look at
Based on the following criteria:
1. After an increase of more than 20% in the last two months,
2. Since I have not risen much in recent days,
3. With a market capitalization between 300-400,
Some coins to keep an eye on are: MOVR, MLN, RSS3, FTT, CVC, C98.
Conclusion
While the biggest winners on Binance offer promising prospects, it is essential to remember the inherent volatility of the cryptocurrency market. Investors are advised to conduct their own research and consider various factors before making any investment decisions.
Disclaimer: The information in this article is for informational purposes only and should not be considered financial advice.
Image source: Shutterstock