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This Week's Top Crypto Gainers: VELVET, BEAT, DEXE, And Others Lead Altcoin Rally Amid Market Slump

Table of contentsToday, market analyst CoinMarketCap identified topcrypto gainersover the week, showing new developments in the larger digital assets landscape. Based on the data reported by the analyst, the. . .

By @nichotieno143 · · 3 min read

This Week's Top Crypto Gainers: VELVET, BEAT, DEXE, And Others Lead Altcoin Rally Amid Market Slump

Table of contentsToday, market analyst CoinMarketCap identified topcrypto gainersover the week, showing new developments in the larger digital assets landscape. Based on the data reported by the analyst, the cryptocurrency space experienced a mixed momentum as only a few digital assets delivered remarkable gains in the last seven days, while the majority of markets recalled their performance. Today, June 28, 2028, the crypto market capitalization stands at $2. 08 trillion, a huge fall from the peak of $4. 27 trillion noticed on October last year. This slip that brought the current market cap down to $2. 08 trillion highlights a wider bearish market sentiment, further indicated by BTC and ETH prices, which currently trade at $60,201 and $1,577, respectively. Despite bears remaining firmly in control in the wider market, the analyst identified some assets that performed well throughout the past week, showing investor conviction in their respective networks. VELVET, BEAT, and DEXE ShineVelvet (VELVET)According to CoinMarketCap data, VELVET, the native token of the Velvet ecosystem, emerged as the cryptocurrency with the top price performance over the week. VELVET experienced a massive 244. 04% price rise in the last seven days, showcasing significant enthusiasm in its AI-powered DeFi trading platform. The catalyst behind this explosive surge is the mixture of retail FOMO and smart money accumulation following the partnership between Velvet and Aerodrome Finance. The strategic collaboration that occurred last week on Wednesday, June 24, enabled Velvet to route trades through Aerodrome, fueling liquidity and trading engagement on its DeFi ecosystem. Audiera (BEAT)Moving down, the CMC data identified BEAT, the native token of the AI music platform Audiera, as the second-best crypto performer over the past week, up 63. 95% in the last seven days. This impressive performance shows that the BEAT token continues to go through a serious accumulation phase, which so far has enabled it to pump its price 158. 9% over the past 30 days, according to CoinGecko data. The surge appears as unstoppable momentum driven by persistent aggressive buying pressure. DeXe (DEXE)Third on the list isDeXe (DEXE), a decentralized social trading platform, which rose by 54. 86% on the last seven days. This indicates that the asset continues to attract user attention, captivated by its sustained climbs. CoinGecko data today revealed that DEXE rose 20. 8% in the last 30 days and 154. 0% over the past 12 months, a solid performance that keeps drawing in lots of traders with buying activity. Furthermore, Santiment data shared on Friday pointed out that daily active addresses have climbed to a new all-time high, indicating the Dexe network is experiencing strong user participation driven by increased whale activity and retail engagement. Other Top Market PerformersDespite the persistence of bearish pressure across the broader crypto markets, the CMC data listed other assets with outstanding performance over the week, including Aave (AAVE), which rose by 21. 78% in the last seven days. Lighter (LIT) and Jito (JTO) also maintain their traction as indicated by 14. 90% and 10. 48% surges, respectively. AUTHORNicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain. News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.

Source: blockchainreporter.net

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