KYVE Network has emerged as the standout performer in the cryptocurrency market, witnessing a remarkable 340% increase in the last 24 hours, according to the latest data. The token surged from a low of $0.01307 to a peak of $0.57877 before experiencing a correction to $0.03183 as of Sunday.
Analyzing different timeframes, KYVE has seen a staggering 220% increase over the past week, despite the overall market facing a downturn. The global cryptocurrency market capitalization has decreased by 2.5% in the same 24-hour period, indicating that KYVE’s surge occurred in stark contrast to broader market trends.
One potential catalyst for KYVE’s price movement is the recent launch of their beta testing phase 2, which may have generated heightened interest among investors.
Undeads Games Posts 190% Surge
In the second spot on the top gainers list is Undeads Games (UDS), which has experienced a significant price increase of 190%. CoinGecko reports that UDS rose from a low of $0.1712 to a high of $0.7597 over the last 24 hours. At the time of reporting, the token was trading at $0.5623, reflecting an impressive 700% surge in the past week, boosting its market cap to $28.1 million.
Despite the dramatic price increase, the specific reasons behind UDS’s rally remain unclear, as there have been no major announcements or project milestones to explain the surge.
In broader market movements, Bitcoin, which recently climbed above the $72,000 mark, has reversed its course in the last 24 hours, reflecting the volatility that continues to characterize the cryptocurrency landscape.
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