Crypto Goes Green To Start The Year, Here Are The Top Gainers!
Crypto Goes Green To Start The Year, Here Are The Top Gainers!
Following the crypto winter that left many crypto tokens at some of their lowest prices in years, many in the crypto community have become excited in seeing that prices are slowly turning green and rising within the first week of 2023, indicating a possibly bullish year for cryptocurrencies.
Top Gainers This Year
According to data from CoinGecko, the global crypto market cap has risen to a whopping $887,535,358,712, with some notable cryptocurrencies having been listed as the top crypto gainers this 2023 so far.
Most notably, Solana was a crypto token that saw a massive surge this year, the token often dubbed the “Ethereum killer” saw its prices surging by more than 59%. Solana went from a trading price of around $10 on January 1st to now trading at $16 at the time of writing.
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The new Ethereum based gaming altcoin, Gala, recently also saw its price explode since the token was first launched just three days ago, making it one of the biggest gainers this 2023. According to data from CoinGecko, Gala’s prices surged by more than 145.9% within the last 7 days. The gaming altcoin is now trading at a price of $0.043 at the time of writing.
New Solana-based memecoin BONK has been at the top of headlines for almost two weeks now, as bullishness for the new dog-based token surged within the community. In fact, BONK surprised many when it surged by more than 600% within the first seven days of 2023. The popular memecoin is now trading at a price of $0.00000154 at the time of writing.
End Of The Crypto Winter?
With many cryptocurrencies finally going green and seeing big gains and rallies within the first few days of this year, many in the community have become hopeful that this may be a sign to the end of the long crypto winter.
Some notable figures in the crypto industry have even pointed out that despite warnings of an oncoming recession, it’s possible that cryptocurrencies have seen the bottom of the crypto winter and that tokens’ prices will only rise from here as regulators may begin creating better and clearer regulations for cryptocurrencies.
Related: Why US Regulators Are Predicted To Double Down On Crypto In 2023!
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