The top 5 coins that skyrocketed as crypto shows signs of life

The snow began to melt, and the value of bitcoin and Ethereum finally began to rise, followed by altcoins. However, these things are not yet sure to mark the end of crypto winter.

With Ethereum starting to feel better, decentralized finance (DeFi) tokens show more growth than others. For example, some of them increased in price from 10% to 19% in the last 24 hours alone.

Here is the list of 5 most successful crypto gainers (in 24 hours)*

1. In the first place is FTM — the token of Fantom, a fast open-source smart contract platform for digital assets and dApps (decentralized applications are digital applications or programs that exist and run on a blockchain or peer-to-peer (P2P) network). The token’s value during the last day rose by 19% and now stands at $0.33. According to CoinCodex’s price prediction, the value of Fantom will increase by 35.30% more and reach $ 0.452297 by July 24. Based on the Fantom forecast, it’s an excellent time to buy Fantom.
2. Second place goes to Ethereum Classic (ETC) — an open-source, decentralized, blockchain-based distributed cryptocurrency platform that runs smart contracts (programs stored in a blockchain and triggered when predefined conditions are met to avoid intermediaries). It was initially developed by Vitalik Buterin and his colleagues as software to allow developers to create new cryptocurrency tokens and dApps that would run on the new Ethereum blockchain network. During the last day, the token increased by 15% and now costs $26. CoinCodex analysts believe that the price will rise by 21.42% and reach $30.52 by July 24.
3. Third place goes to Near Protocol’s NEAR. Over the last 24 hours the price of the token increased by 13%, and now it costs $4.52. NEAR Protocol is a layer-one blockchain designed as a community-run cloud computing platform, which is an ideal environment for DApps and user-friendly. Also, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. According to CoinCodex, there is a rise in the value of Near Protocol’s token ahead. The token is predicted to rise by 23.83% and reach $5.38 by July 24. So, probably it’s now an excellent time to buy NEAR.
4. In fourth place is the blockchain-based lending platform Nexo (NEXO). The platform offers fast fiat currency conversions to 40+ cryptocurrencies, intuitive cryptocurrency exchange, instant crypto credit lines, and a cryptocurrency-backed credit card. In the current 24 hours, the NEXO token has seen a 16% increase and reached a price of $0.73. But despite this growth, CoinCodex doesn’t recommend buying NEXO.
5. Rounding out the top five is The Waves. This blockchain was designed to enable users to create and launch custom crypto tokens. Any token can be given functionality by attaching a script that costs 0.004 WAVES to run. WAVES cost jumped by 13% to $6. But CoinCodex experts still do not recommend buying these tokens.

^{*according to CoinMarketCap}