Recently, the cryptocurrency market has shown interesting dynamics. I observed a group of 51 small market capitalization tokens that experienced significant gains in a short period, averaging an increase of about 20%. In contrast, another group of 62 more mainstream tokens only rose by about 5%.



In this wave of rising prices, some tokens have stood out particularly. Among them, AGON and XNY are leading, with an astonishing increase of 400%. Following closely are MAT, BOMB, and GAIA, which have doubled in value. PRAI, BNBXBT, RCADE, and TATRION also made impressive gains, rising by 50%.

It is worth noting that there has been a group of tokens with an increase between 30% and 40%, such as RION, ECHO, EDGEN, PUMPBTC, IDOL, AGT, ELDE, EPT, GM, and PAL. This indicates that market enthusiasm is spreading towards more small market capitalization projects.

However, not all tokens have benefited from this surge. Some tokens like BEE, GORILLA, RDO, and PHY have seen a decline of around 20%, reminding investors that market risks still exist.

For investors looking to participate in investments in small market capitalization tokens, it is advisable to closely monitor market dynamics, especially the price trends after trading activities conclude. Additionally, it is recommended to focus investments on projects with a market capitalization of no more than 10 million USD, as these projects may have greater growth potential.

Overall, the surge of small market capitalization tokens reflects the high activity and volatility of the encryption market. Investors should proceed with caution, conducting thorough research and risk management.
XNY1.37%
MAT-5.77%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
DaisyUnicornvip
· 08-12 00:35
When the little mushrooms dance, don't forget to check if there are any thorns under your feet~
View OriginalReply0
TooScaredToSellvip
· 08-12 00:29
I tightened my grip on the suckers again.
View OriginalReply0
MemeKingNFTvip
· 08-12 00:22
The tide is surging, little suckers, how can you be played for suckers if you don't get on board?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)