An explosive month in crypto, as ZORA became the best-performing token, with an insane 661.1 percent in the last 30 days. ZORA caused massive attention regarding its price movement due to a market cap of 197.7 million USD and its biggest listing on Coinbase.
With solid community support and advancing utility, the token has gained momentum and raced ahead of the crowd.
LOKA and CROSS Follow ZORA’s Meteoric Rise
Close on its heels was LOKA, which showed an excellent growth of 516.8 percent in price. LOKA, with a market cap of $157.3 million and a Coinbase listing, has caught attention in a short time.
CROSS took the third position with a 403.0 percent increase. The project saw much traction despite a small market cap of $102.8 million.
Mid-Cap Crypto Projects Hype Up with Triple-Digit Growth
MYX grew by 359.1 percent. It has a small market capitalization of just 24.6 million and is listed on Mexc, but the project still generates speculative support. HYPER is up this month by 304.5 percent, with a cap of 72.3M and listing with Binance, increasing its visibility.
SPK too rallied in with an upsurge of 269.9 per cent. The $213.5 million market cap and the listing on Binance gave investors enough confidence.
Strong Rallies Continue with CFX, OMNI, and ENA
The 191.8 percent increase in CFX was backed by a strong market capitalization of 1 billion dollars. Its listing on Binance enabled it to be more liquid and be available to a wider crypto audience.
OMNI was also up 183.5 percent and flaunts a current market cap of 159.1 million. ENA was next with 158.8% as the largest market cap token among the top ten at a value of 4.0 billion. It had a good support exchange on Binance.
Second-Tier Projects Show Strength
VINE is up 138.5% in the last month. The crypto was still performing far better than expected, with a market cap of 69.8 million and being listed on OKX. EPIC also reported a good growth of 124.9 percent, and it has a market cap of 42.6 million. The exposure of Binance also had a major contribution to such a movement.
PENGU rose by 116.8 percent to a company worth 2.2 billion. Such growth of the token demonstrates the meme potential and a stable accumulating community.
DIA climbed by 107.6 percent, and the market cap is at 92.8 million. Oracle-based applications backed by Binance have revived the interest in the project.
IP and QUBIC Close Out the Top 17
IP achieved a growth of 104.4 percent in a month, which valued it at 1.6 billion dollars. Followed by Binance listing and good tokenomics, it remains popular with long-term investors.
The last on the list is QUBIC, which increased by 103.1 percent in the past month. Given the large market cap of $333.4 million and exchange listings on big exchanges, QUBIC has now entered the radar of all retail players and even institutional investors.
Crypto Market Sees Broad-Based Recovery
The Phoenix Group report of August 4 indicates the extensive improvement of low, mid, and high-cap crypto projects.
Market caps between 24 million and 4 billion mean that this rally is not limited to whales or big players only. Both well-established and newer projects that come on board show the diversity and dynamism of the present-day crypto arena.
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