The Graph, Oasis, Chainlink And Others Lead Market Gains On Monday

Top Gainers

Monday August 8 saw the coin market make a seeming recovery with some of the top coins making gains. However, the biggest gainers among the top 100 cryptocurrencies are Avalanche, Oasis, The Graph, Chainlink and Flow.

Avalanche (AVAX)

Avalanche gained 13.97% in 24 hours, bringing its weekly gain to 25%. Its native token AVAX is ranked number 12, below Dogecoin, according to market capitalization of $8.5 billion. It has a 23 hour trading volume of $943 million. The platform claims to be the safest smart contract blockchain in the industry. AVAX current market value is $29.77.

Chainlink (LINK)

The Chainlink token, LINK gained 11.44% in the last 24 hours, bringing its weekly gain to 12.12%. LINK is ranked #23 by market cap of $4 billion, below FTX token. The coin’s 24 hour trading volume is $478 million. Chainlink, the web 2 and web 3 oracle network’s token, LINK, is presently priced $8.62.

Flow (FLOW)

Another coin that has made a massive run in the last 24 hours and within the week is Flow. The coin gained $13.12 in the past 24 hours bringing its weekly gain to a massive 54.42%, the eco-friendly, web 3 app enabling platform is the biggest weekly gainer among the top 100 crypto assets. Flow is ranked #28 after Stellar Lumen, based on its market cap of $3 billion. Its 24 hour volume according to CMC data is $499 million. Its current market price is $3.06.

The Graph (GRT)

The Graph (GRT) is currently trading at $0.1444, a 13.72% gain in the past 24 hours. This brings the weekly gain to a modest 10.70%. Ranked below the Kucoin token at #53, GRT has a market capitalization of $996 million. Its 24 hour trading volume is $91 million. The Graph protocol is a web 3 indexing and querying platform that makes blockchain data readily available.

Oasis Network (ROSE)

The Oasis Network’s native token, ROSE is another top gainer in the past 24 hours. The token rose to $0.1033, an 18.66% rise in a day. This brought its weekly gain to 19.43%. Ranked #84 below Bitcoin Gold, ROSE has a market cap of $519 million. The coin’s 24 hour trading volume $283 million. The protocol enables web 3 privacy and scalability. It also boasts of the lowest De-Fi fees.

Meanwhile, Bitcoin gained 4.9% in the past 24 hours, bringing its weekly gain to 3.45%. Ethereum was up by 5.25% while its weekly gain was 5.07%.

 

Author: Jinka Kamma

Jinka Kamma is passionate about the prospects of blockchain and the freedom cryptocurrencies afford people across borders. He holds small amounts of bitcoin and tether.

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