Cryptocurrency Market Sees Extreme Volatility with Top Gainers Led by Pippin
The cryptocurrency market is known for its extreme volatility, with prices fluctuating rapidly over short periods. Recent data from CoinMarketCap shows that both long-term investors and short-term traders are taking advantage of this volatility to earn profits.
Among the top gainers, Pippin has seen a significant increase in price, climbing 21.65% to trade at just under $0.7169. The high trading volume indicates strong interest in the token, with over $67 million worth of trades completed in the previous 24 hours.
Other mid-cap altcoins such as Kite and JUST have also seen good increases in value, with 8.22% and 4.42% respectively. This growth is attributed to investor interest in established protocols that have demonstrated utility in the DeFi space.