Top 5 Most Profitable Cryptocurrencies Over the Past 24 Hours as of November 5, 2023
Date: 2023-11-05 Author: Dima Zakharov Categories: CRYPTO PAYMENTS
Cryptocurrencies continue to attract investors with their high volatility and the potential for quick profits. On the morning of November 5, 2023, several virtual assets significantly increased in value, providing traders and investors with new opportunities for profit.
Tokamak Network (TON) showed an impressive growth, increasing by 47% in the last 24 hours. This raised the token's price to $2.41, with a market capitalization exceeding $86.05 million. This growth allowed the project to rank 317th in the cryptocurrency rankings. TON's trading volumes surged by an astounding 4035%, reaching $299.01 million. These figures underscore the community's interest in this asset.
Another cryptocurrency that stands out with its growth is MultiversX (EGLD). Its price increased by 41.2%, reaching $48.33. The market capitalization of EGLD exceeded $1.26 billion, with daily trading volumes totaling $669.7 million, ranking it 10th in the global market. This asset has gained popularity, attracting investor attention.
Immutable (IMX) also did not stay behind in terms of growth, increasing by 24.3% and reaching a price of $0.944 in the last 24 hours. The total supply of IMX was $1.18 billion, and daily trading volumes reached $253.26 million. This growth indicates increased trader activity and interest in this cryptocurrency.
Other interesting changes have also occurred in the market. Venus (XVS) saw a 21.5% increase, reaching a price of $6.7. The market capitalization of this cryptocurrency reached $104.32 million, with a 24-hour trading volume of $35.51 million. This asset is attracting investor attention with its growth and potential.
PancakeSwap (CAKE) also demonstrated significant growth, increasing by 19% in the last 24 hours. The price of this cryptocurrency reached $2.18, and its market capitalization exceeded $500 million, totaling $507.69 million. CAKE's trading volumes amounted to $284.53 million in a day. This growth indicates growing interest in decentralized financial platforms.
Today's developments have shown that the cryptocurrency market remains a place where investors can find opportunities for profit. However, it is essential to remember that investments in cryptocurrencies are always associated with risks, and the market can be highly volatile. It is always recommended to conduct your research and consult with financial experts before making investment decisions in cryptocurrencies.
