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- TRUMP, LVN, CATEX, FLAKY, and FTW are all all top gainers in the crypto market today.
- Altcoins like XRP, ADA, DOGE, and others are still trading in the red zone.
The broader crypto market is improving, as indicated by the 1.7% increase in total capitalization over the past day. While Bitcoin continues to lead the market, TRUMP, LVN, CATEX, FLAKY, and FTW have emerged as the top 5 gainers.
MAGA TRUMP (TRUMP)
MAGA TRUMP, one of the memecoins associated with US President Donald Trump, is leading the political crypto pack. TRUMP broke through the crucial barrier of $0.002, reaching intraday highs of $0.029.
According to data from CoinMarketCap, the price of TRUMP has increased by over 341.5% in the past 24 hours. This outstanding surge now sets the price of TRUMP at $0.0034.
The positive sentiments surrounding the MAGA TRUMP memecoin have largely contributed to the recent rally. The MAGA memecoin launched on the Ethereum blockchain in August 2023 has a distinctive blend of political appeal and strong community support.
President Trump’s favorable comment on crypto has helped boost sentiment among supporters of the MAGA memecoin. As reported last week, President Trump’s TMTG media firm revealed plans to launch a spot Bitcoin Exchange-Traded Fund (ETF) in the US.
Levana (LVN)
Levana (LVN), a Decentralized Finance (DeFi) project, is in the spotlight today. LVN crypto jumped by almost 13% in 24 hours. As the LVN price touched $0.03, its aggregated market capitalization exceeded $17 million. The trading volume also surged over 36% to $2 million, as investors shift attention towards the token.
The Levana Protocol is focused on enabling leveraged trading and perpetual swaps within the Cosmos ecosystem. Initially built on the Terra blockchain, it has integrated with the Sei and Injective blockchains.
With cryptocurrency and stablecoin pairs available, users can trade LVN on Osmosis, Gate.io, MEXC, and HTX. With a circulating supply of 761.27 million, LVN is a major crypto market force.
CATEX, FLAKY, and Black Agnus (FTW) are also on today’s top gainers list. In the last 24 hours, these cryptocurrencies have surged by over 548%, 569%, and 3172%, respectively. This overnight increase now puts the price of CATEX, FLAKY, and FTW at $0.0000002727, $0.00000018, and $0.0000001, respectively.
Not All Altcoins Are in the Green
Meanwhile, not all altcoins managed to grow over the weekend. Per MarketCap data, XRP, the native coin associated with Ripple Labs, is down 1.3% over the previous day. This price slump is likely due to the drag, in the case of Ripple and the US Securities and Exchange Commission (SEC).
As mentioned in our previous post, experts warn that the case could continue for another 60 days if no new motion is filed before the June 16 deadline. This uncertainty has contributed to the loss of confidence in XRP.
Ethereum (ETH) and Cardano (ADA), two top altcoins, also plummeted by 0.04% and 0.6%. Dogecoin (DOGE), the top market meme, followed a similar path, dropping slightly by 0.14% to $0.1841.
