Bullish Surge: Theta, Pyth, Stacks Shine Amidst Crypto Market Growth
Theta, Pyth, and Stacks are emerging as standout performers in today’s crypto rally, ranking among the top gainers in the top 100 cryptocurrencies by market capitalization.
Leading the pack is PEPE, a memecoin that skyrocketed by an astonishing 55% in the last 24 hours. The broader crypto market witnessed a substantial growth of $155 billion in the past 24 hours, fueled by Bitcoin’s spot ETF inflows and anticipation surrounding next month’s halving. Theta (THETA) takes the spotlight as the second-best performer, experiencing a 23% surge in the last 24 hours and an impressive 73.7% increase in the last seven days. With a significant leap from $1.60 to $2.20 in the last 24 hours, Theta is gearing up for its upcoming EdgeCloud phase, scheduled for launch on May 1, adding to the positive sentiment.
Pyth Network (PYTH) secures the third spot among top gainers, boasting a 22.5% growth from $0.50 to $0.70, driven by the announcement of real-time price feeds for Bitcoin ETFs. Stacks (STX) records a 12.7% spike in the last 24 hours, reaching $3.11, as it facilitates a Bitcoin layer for smart contracts. On the downside, Worldcoin is the worst performer, down 10%, while Depin, AI tokens, Filecoin, Near Protocol, SUI, and Singularity Net also experience losses despite a positive weekly performance.
Clever Robot News Desk 29th February 2024
