Crypto
During a volatile market that saw Bitcoin’s price tumble to $92,000 levels, other digital assets recorded significant price surges in the past seven days. Here are the five coins with the most important price gains.
Top 5 Gainers of the Last 7 Days
1. Pudgy Penguins (PENGU)
PENGU is the coin that recorded the highest price surge during the last seven days. PENGU’s price rose by over 418% and it now has a market cap of over $1.6 billion.
After Binance listed the coin on December 17, it reached a market cap of $3 billion on the same day. At the moment of writing this article, PENGU is trading at $0.02, after hitting over $0.04 on its listing day.
On December 16, PENGU was included in Binance’s Airdrops Portal. Yesterday, the team at Pudgy Penguins announced in a post via X that PENGU has over 500,000 holders.
Pudgy Penguins is a Web3 brand that focuses on creativity, freedom, and community, and PENGU is its official coin.
2. Horizen (ZEN)
ZEN’s price rose by over 93% in the last seven days. The coin debuted a notable ascendant trajectory on December 19 from around $15 and reached a price above $31 on December 22, and a market cap of over $498 million.
At the moment, ZEN has a market cap of almost $445 million.
On December 17, Grayscale announced the launch of Horizen Trust which grants qualified investors ZEN exposure in the form of securities. On the same day, ZEN was officially listed for trading on the Gains Network platform.
Horizen was launched in 2017 by the Horizen DAO and the ecosystem is optimized for zero-knowledge use cases. ZEN is the governance and utility token of the Horizen ecosystem.
3. UXLINK (UXLINK)
UXLINK recorded a price surge above 61% in the last seven days. During a volatile week, UXLINK topped a market cap above $271 million on December 21.
Today, UXLINK is trading at $1.45 and has a market cap of $247 million.
On December 20, Mario Nawfal, X show host, announced UXLINK as a top SocialFi project. Yesterday, December 22, the team at UXLINK shared an article via X, detailing how the project simplifies on-chain interactions and enables cross-chain transactions.
UXLINK is a user-driven Web3 social platform for mass adoption, aiming to be a social DEX and infrastructure. The platform forms two-way, friend-type social relationships and enables real-time interactions using a UXGroup usage scenario.
UXLINK missions include:
- To be the largest social platform focused on real-world, bi-directional connections.
- To bridge Web2 and Web3 for users and developers.
- To foster an inclusive, trustful, and rewarding social-economic community.
4. Usual (USUAL)
Over the past seven days, USUAL surged by 41%. The coin had a very volatile week and reached its ATH on December 20 above $1.61. Today, USUAL is trading at around $1.02 and has a market cap of over $479 million.
On December 20, the team at Usual announced via X that the project reached $5 billion in trading volume, the TVL increased by $500 million and the USUAL minting rate decreased by 36%.
Also, the DAO Treasury has tripled to $17 million with all revenue supporting USUAL’s value, according to the same notes.
On December 18, the project announced a partnership with Ethena and BUIDL by Securitize, calling it the “DeFi’s Holy Trinity.”
Usual is a decentralized fiat stablecoin issuer that redistributes ownership and governance via the USUAL token. The token became Binance Launchpool’s 61st project last month.
5. Dexe (DEXE)
DEXE surged by over 28% in the last seven days. On December 20, the coin debuted a sharp price surge from $7.78, and reached a top above $11.8 today. Now, the coin has a market cap of over $667 million.
On December 20, the project announced a new chapter for DAOs – DeXe Staking. Their taking mechanism is reportedly tailored for DAOs and designed to attract new users, reward active contributors, and deepen community loyalty.
The DeXe protocol is an innovative infrastructure for creating and governing DAOs in a meritocratic way. It was created to help DAOs grow fast and sustainably, with active and useful member participation.
