[비즈한국] We provide a summary of the weekly trends and market conditions in the cryptocurrency sector. We offer core information, covering not only major tokens like Bitcoin and Ethereum but also key issues in the altcoin market and global policy variables. You can understand the highly volatile cryptocurrency market as easily and enjoyably as watching Netflix.
According to CoinMarketCap, a global cryptocurrency market tracking site, Mantle (MNT) recorded the highest weekly gain in the cryptocurrency market from 7:00 AM on August 1 to 7:00 AM on August 8, rising by 42.78%. Mantle's current price is 1,468 KRW, with a market capitalization of 4.9429 trillion KRW. Mantle saw a sharp price increase due to a significant surge in recent trading volume, with a 24-hour trading volume of 1.0103 trillion KRW. This upward trend suggests that Mantle is gaining significant technical attention.
PUMP took second place with a 33.94% increase. The current price of PUMP is 4.83 KRW, with a market capitalization of 1.7111 trillion KRW. It recorded a trading volume of 442.23246 billion KRW over 24 hours. PUMP is gaining attention due to community activation and strengthened marketing efforts.
Pendle (PENDLE) ranked third with an 18.77% increase. Its current price is 6,751 KRW, and its market capitalization is 1.1223 trillion KRW. With a 24-hour trading volume of 232.45258 billion KRW, it is attracting investor interest as technical indicators shift positively. As a Decentralized Finance (DeFi) platform utilizing financial protocols, Pendle is gradually increasing its market presence by offering various financial services.
Memecore (M) rose 17.69% to reach fourth place. The current price is 632 KRW, with a market capitalization of 998.15623 billion KRW. Recent news regarding platform expansion seems to have generated a positive response for Memecore. Its 24-hour trading volume is 32.82697 billion KRW.
Dexe (DEXE) ranked fifth with a 14.67% increase. The current price is 11,675 KRW, and its market capitalization is 977.65536 billion KRW. Increased buying pressure based primarily on technical analysis is cited as the main factor for this rise. Its 24-hour trading volume is 21.52195 billion KRW.
During the same period, Ethena (ENA) gained attention with a 14.55% rise. Polygon (POL) increased by 14.08%, and Litecoin (LTC) rose by 12.94%. Uniswap (UNI) grew by 9.48%, and Aerodrome Finance (AERO) saw an 8.29% increase.
This week in the cryptocurrency market, Mantle's sharp rise stood out, followed by PUMP and Pendle. Overall, as altcoins continue to gain attention, various projects are strengthening their position in the market. Given the high volatility of the cryptocurrency market, it is advisable for investors to approach with caution. It is important to carefully monitor future market trends and establish investment strategies accordingly.
※ This article was written by Bizhankook and MetaVX's generative AI.