Immutable X, Pendle, and Bonk Lead Crypto Markets Weekend Charge
Layer-2 token Immutable X (IMX), decentralized finance Pendle (PENDLE), and Solana’s dog-themed coin Bonk (BONK) were the best performers among the top 100 cryptocurrencies in the last 24 hours.
Immutable X Soars with 13.74% Jump
Immutable X currently trades at $2.70, a 13.74% jump from the previous day. The coin’s 24-hour trading volume skyrocketed by more than 120% to settle at $222.6 million. IMX has been on an upward trend for over a month, adding an extra 21.54% to its price from a month ago and 24.42% in the last seven days.
Pendle Sees 12% Price Increase
Pendle’s price went up 12% following trading action that saw $93.9 million worth of the coin changing hands over the last 24 hours. The 24-hour trading volume was a 62.16% improvement on the previous day’s number and put Pendle as the 75th most traded cryptocurrency in that period.
Bonk Rallies with an 8% Uptick
BONK was third on the list of biggest gainers; its $0.00001286 price is an 8% uptick over the past 24 hours. The price hike accompanied a massive 124.92% increase in its 24-hour trading volumes, valued at more than $280.3 million.
Dogwifhat Shows Strong Performance
Dogwifhat (WIF), another popular Solana (SOL) meme coin, gained 25.7% on its price from one day ago. The coin recorded a 24-hour trading volume of $29.79 million and is currently priced at $0.2862, bringing its market value to $282.7 million.
Dogecoin Struggles Despite Bullish Whales
On the other hand, Dogecoin (DOGE) failed to make much of an impact, shedding 1.17% from its price and more than 8% from its 24-hour trading volume. This comes even as bullish DOGE whales continued to buy the dip, spending as much as $27 million on the coin in the first week of February.
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