Guru Network (GURU) took the lead, surging by an impressive 103.8%. This surge has captured market attention, pushing the token’s price to $0.02, with a market cap of $4.4 million. GURU’s performance underscores a significant upward trend, suggesting growing interest and demand in niche sectors of the crypto space.
DAILY GAINERS$GURU +103.8% $AURORA +38.6% $DEEP +22.9% $SIDUS +22.7% $PROS +22.7% $NGL +19.1% $NAVX +17.9% $SNS +16.7% $PNG +16.6% $CPOOL +15.1%#dailygainers pic.twitter.com/atgJrNFcrj
— PHOENIX – Crypto News & Analytics (@pnxgrp) October 29, 2024
Trailing behind GURU, Aurora (AURORA) recorded a robust gain of 38.6%, reaching a current price of $0.15 and acquiring a market cap of $76.6 million. Aurora’s notable increase signals strong market momentum and investor confidence in its ecosystem. DeepBook (DEEP) also experienced a positive shift, climbing by 22.9% and trading at $0.04 on Bybit crypto exchange. With a market cap of $113 million, DEEP’s performance reflects heightened activity within its platform, marking it as a project to watch.
Other Major Gainers Show Consistent Growth
Alongside these top performers, a range of other projects demonstrated significant gains. Sidus (SIDUS) and Prosper (PROS) both saw a 22.7% increase, with Sidus trading at $0.004 and PROS at $0.38. As part of the daily gainers’ list, their market caps—$48.4 million for Sidus and $38.3 million for Prosper—reflect a steady influx of interest and investment. Entangle (NGL), with a 19.1% price hike; Navi Protocol (NAVX), up by 17.9%; and Synesis One (SNS), with a 16.7% increase, all contribute to the diverse growth observed across different platforms and protocols.
The report also highlights Pangolin (PNG) and Clearpool (CPOOL), which closed the day with gains of 16.6% and 15.1%, respectively. Trading on established exchanges such as Coinbase and Bybit, these tokens continue to build market resilience, showcasing the strength of mid-tier projects in the current bullish trend. PNG’s market cap reached $59.3 million, while CPOOL’s stood at $153.5 million, highlighting the rising value of projects within the DeFi and liquidity management sectors.
Phoenix Group’s daily gainer report underscores an overall positive sentiment across the crypto market, with diverse projects across DeFi, liquidity protocols, and decentralized networks showing significant gains. The surge in GURU and other tokens signals renewed investor enthusiasm, potentially spurred by broader market trends and increased trading activity on major exchanges. As the market progresses, investors remain watchful for opportunities in both established and emerging projects, with today’s gainers setting a promising tone for upcoming market movements.