Top Crypto Gainers of the Week (2024)

Market Cap: $1.1 billion

Worldcoin (WLD) trading at $8.39, has experienced a surge in its price over the past week, with a 76.52% increase. This substantial growth has been accompanied by a considerable trading volume of $794,541,602. Worldcoin’s WLD token surged by nearly 190% to hit an all-time high of $7.35, driven by a surge in adoption, strategic whale accumulation, speculation around Alameda Research’s holdings, optimism surrounding Sam Altman’s Sora project, bullish market sentiment, and positive derivatives data.

WLD is Worldcoin’s native token, belonging to a digital identification platform that strives to offer every individual a simple method to confirm their validity as a human rather than a bot or AI algorithm. Worldcoin utilizes the Orb, a device that scans a user’s iris to generate a distinct identification code known as an IrisCode.

Market Cap: $92.5 million

SingularityNET (AGIX), trading at $0.73, has seen a notable price increase of 69.95% in the past seven days, accompanied by a significant trading volume of $453,750,055. This surge in price indicates a strong market demand for SingularityNET tokens, potentially fueled by the launch of OpenAI’s SORA AI. This development, along with Microsoft’s $2 billion AI expansion, demonstrates the growing momentum in the AI sector. AGIX’s recent bullish trend suggests potential for reaching $1 soon, depending on sustained interest and advancements in AI technology.

AGIX serves as the primary token on the SingularityNET platform, playing dual roles as a utility token for transactions and a governance token for platform decisions. AGIX tokens are essential for various functions within the SingularityNET ecosystem, such as AI service payments, network participant rewards, and overseeing platform development and features.

Market Cap: 7.06 billion

Uniswap (UNI) price currently trading at $11.8, has witnessed a substantial 54.59% increase over the week. With a trading volume of $2,736,123,610, Uniswap stands out as one of the top performers in terms of both price appreciation and market activity. The surge is driven by increased buying pressure, staking rewards, and anticipation of the Uniswap v4 upgrade. This surge reflects renewed interest in DeFi platforms and sets the stage for further growth as the community awaits the implementation of new features.

Uniswap is the biggest decentralized exchange (DEX) on the Ethereum blockchain, enabling users globally to trade cryptocurrencies without a middleman. UNI, the governance token, allows users to participate in protocol decision-making.

Market Cap: $887.6 million

Fetch.ai (FETCH) currently trading at $1.07, has demonstrated significant growth with a 48.90% increase in its price over the past seven days. While its trading volume of $283,320,342 may not be as high as some others, it still reflects substantial interest from traders and investors.

Fetch.ai’s recent gains stem from three key factors. Firstly, a partnership with Deutsche Telekom to enhance blockchain technology security. Secondly, excitement over OpenAI’s Sora AI tool has boosted investor interest in AI tokens like FET. Thirdly, there is speculation about potential Fetch.ai airdrops, although Fetch.ai clarified on Twitter that no airdrops are currently planned.

Fetch.ai is a platform combining artificial intelligence and blockchain to support decentralized finance and data handling. It aims to create a network of autonomous economic agents that can interact with each other and the real world. The platform uses its own token, FET, for governance, staking, and transactions on the network.

Market Cap: $2.5 billion

The Graph (GRT) trading at $0.271, has experienced a notable 43.02% increase in its price this week, supported by a trading volume of $368,427,735. The Graph (GRT) price surged due to three main factors. Its expansion in Q4 2023 and the bullish rounding bottom pattern contributed to investor interest. Secondly, OpenAI’s Sora launch boosted the AI sector, leading to a 6% increase in market capitalization and a 10.35% rise in trading volume. Thirdly, technical analysis signals a cup and handle pattern breakout, indicating a potential rally to $0.377.

GRT is a token on the Ethereum network that fuels The Graph, a decentralized protocol for organizing and searching data on blockchains. Similar to Google indexing the internet, The Graph indexes blockchain information from platforms such as Ethereum and Filecoin. This information is categorized into accessible APIs known as subgraphs, which are available for anyone to utilize.