Weeks 5 Growing Cryptocurrencies
As autumn arrived, the crypto industry experienced a revival, with prices rising and an influx of new investments. Following a period of rest, several cryptocurrencies have become more active in the market.
In this blog, we’ll explore the 5 cryptocurrencies that saw the largest percentage price increase over the past week, discuss the potential reasons behind their growth, and explain how you can invest in them.
Notably, both newly launched coins and well-established digital assets made it into the top 5.
BinaryX (BNX) – 19.75% Increase
The team behind BinaryX remains anonymous, but the project has strong backing from Binance Lab. BinaryX operates as a decentralized trading asset on its own platform and is primarily used within the gaming industry, though it’s also traded on traditional markets.
Currently, the BinaryX team is focused on increasing the cryptocurrency's popularity and expanding its use as a payment system within the Metaverse and beyond.
In our list of rising cryptocurrencies, BinaryX claims the top spot with a 19.78% price increase, making its debut on the list.
Ranked 99th among the largest cryptocurrencies on CoinMarketCap, BinaryX has a market capitalization of around $500 billion, with its current price at $1.41.
Some crypto experts attribute the asset’s recent growth to the expansion of the Metaverse and the success of Nvidia, a company that provides essential equipment for gaming-related projects.
Sui (SUI) – 19.18% Increase
Cryptocurrency has gained popularity due to its valuable features, including low, flat fees and fast transaction speeds.
The digital asset SUI may not be related to Cristiano Ronaldo or his iconic name, but it’s backed by Mysten Labs, a platform founded by a developer who previously worked on Facebook’s Meta blockchain project.
Since last Monday, SUI’s price has risen by 19.18%, securing the second spot on our list.
A key factor in the project's success is the transparency of its creators, who bring extensive experience to the table. Notably, the CEO of Mysten Labs has a strong background, having worked with tech giants like Apple and Facebook.
Quant (QNT) – 16.92% Increase
The issue of connectivity between different networks has long been a challenge in the crypto industry, and one solution to this is Quant, a cryptocurrency designed to bridge various blockchains.
Launched in June 2018, Quant's team is fully transparent, similar to other cryptocurrencies on our list. The project is led by Gilbert Verdian and Paolo Tasca, both of whom have held executive roles in major projects linked to companies like Mastercard.
Over the past week, QNT has shown strong growth, earning the third spot on our list with a 16.92% increase.
Quant is the highest-priced asset on this list, with a current price of around $70. It ranks 69th among CoinMarketCap's top 100 projects, a solid standing in the larger cryptocurrency market.
Starknet (STRK) – 16.40% Increase
Starknet is a cryptocurrency that entered the market in November 2021, and unlike some projects, the founders of STRK are publicly known.
Developed by StarkWare Industries, the primary goal of Starknet is to enhance the scalability of the Ethereum network. With its Layer 2 solution, Starknet can process a higher volume of transactions, significantly reducing transfer times and improving efficiency for users.
This week, Starknet ranks 4th on our list of top-growing cryptocurrencies, with a 16.40% price increase, bringing its current value to around $0.4169.
In summary, Starknet enables users to perform high-volume transactions quickly and efficiently, all while minimizing fees.
Uniswap (UNI) – 13.64 Increase
Uniswap is the most popular and largest cryptocurrency by market capitalization on our list, with a market cap nearing $4 billion. After its recent price surge, Uniswap (UNI) is now valued at around $6.44.
Over the past week, UNI's price has increased by 13.64%, and in the last 24 hours alone, $73 million worth of UNI was traded across various crypto exchanges.
Launched in November 2018, Uniswap is more than just a cryptocurrency—it's a decentralized trading platform where users can anonymously and independently trade different types of crypto.
The platform is backed by a transparent team, with its creator, Hayden Adams, being a well-known figure in the crypto community. His involvement has helped build trust in the project among users.
If you'd like to learn more about Uniswap and how to buy or withdraw from the platform, check out our blog for additional details.
How to Buy Crypto?
If you're looking to purchase any of the cryptocurrencies mentioned on our list and want to stay updated on price movements, crypto exchanges are your go-to solution.
There are several popular platforms available, including Cryptal, Mycoins, Coinmania, and Binance. However, if you're seeking a quick, easy, and low-fee option, Cryptal is an excellent choice.
Cryptal offers a user-friendly experience for both beginners and experienced traders. You can opt for Spot Trade, where you exchange your desired cryptocurrency with other users at competitive rates. Alternatively, with the Convert feature, you can instantly buy your chosen crypto without any waiting or extra steps—simply select the coin, enter the amount, and click buy.
Additionally, Cryptal makes it easy to fund your account or withdraw funds using TBC Bank and BOG bank cards or via bank transfers, all within less than a minute and with the lowest fees.
Summary – Weeks Best TOP 5 Cryptocurrencies
While major cryptocurrencies like Bitcoin, Ethereum, and Litecoin didn’t see significant percentage gains last week, the market remains active.
Several digital assets performed strongly, with BinaryX leading the way with nearly a 20% increase. Uniswap, another well-known asset, also made it to the list.
If you're interested in purchasing any of the mentioned cryptos or other popular ones, Cryptal is a top choice. It offers the lowest fees on the market and a user-friendly platform, allowing you to easily deposit and withdraw funds using TBC Bank and BOG bank cards.