Top Crypto Gainers and Losers of the Day

Over the past 24 hours, Jupiter and JasmyCoin have emerged as the top gainers among the top 100 crypto assets, while Bittensor and Mantra have slumped as the top losers.

Top Winners

Jupiter

Jupiter (JUP) led the charge among major gainers on July 27.

At the time of writing, the crypto asset had increased by 12.6% over the past 24 hours and was trading at $1.16. JUP’s daily trading volume was around $282 million, according to data from crypto.news.

Additionally, the cryptocurrency’s market cap stood at $1.56 billion, making it the 62nd largest crypto asset, according to CoinGecko. Despite the recent price surge, the token is still 42.6% below its all-time high of $2 reached on January 31.

Jupiter operates as a decentralized exchange aggregator that allows users to trade Solana-based tokens. The platform also offers users the best routes for direct trades between multiple exchanges and liquidity pools.

In addition to being a DEX aggregator, Jupiter has expanded to become a “full stack ecosystem” by launching several new projects, including a pool dedicated to supporting perpetual trading and plans for a stablecoin.

Jasmy Coin

JasmyCoin (JASMY) is up 12% over the past 24 hours and is trading at $0.0328 at press time. JASMY’s daily trading volume increased by 10% over the past 24 hours and reached $146 million.

The asset’s market cap has surpassed the $1.5 billion mark, making it the 60th largest cryptocurrency at the time of publishing this report. However, the self-proclaimed “bitcoin of Japan” is still 99.3% below its all-time high of $4.79 on February 16, 2021.

JASMY is the native token of Jasmy Corporation, a Japanese Internet of Things provider. The platform seeks to merge the decentralization of blockchain technology with IoT, allowing users to convert their digital information into digital assets.

The initiative was created by Kunitake Ando, ​​former COO of Sony Corporation, together with Kazumasa Sato, former CEO of Sony Style.com Japan Inc., Hiroshi Harada, executive financial analyst at KPMG, and other senior executives in Japan.

When

Kaspa (KAS) has seen a 100% increase in trading volume and an 8% increase in price over the past 24 hours, trading at $0.19 at the time of writing.

According to data from CoinGecko, Kaspa now ranks 27th on the global cryptocurrency list, with a circulating supply of around 24.29 billion KAS tokens and a market cap of $4.59 billion.

Kaspa is a cryptocurrency designed to offer a secure, scalable, and high-performance blockchain platform. Its unique layer-1 protocol includes the GhostDAG protocol, a proof-of-work (PoW) consensus mechanism that enables faster block times and higher transaction throughput compared to standard blockchains.

Unlike bitcoin, GhostDAG allows for the simultaneous creation of multiple blocks, speeding up transactions and increasing block rewards for miners.

Bang

Bonk (BONK) is the only meme coin to make it to this list of top gainers, up 8.6% over the past 24 hours. Trading at $0.000030, the Solana-based meme coin’s market cap had surpassed $2.1 billion, surpassing Floki (FLOKI), another competing dog-themed meme coin whose market cap stood at $1.78 billion.

BONK’s daily trading volume was around $285 million. However, BONK is still 33.5% below its all-time high of $0.000045, which was reached on March 4.

Bonk, a meme coin that rose to fame in 2023, contributed significantly to Solana’s value surge amid the meme coin frenzy.

Originally, Bonk was just another dog-themed meme coin, but it has since expanded its functionality to include integration with decentralized finance. The project also partners with cross-chain communication protocols, nft marketplaces, and a variety of other cryptocurrency ecosystems.

BONK trading pairs are now listed on major exchanges including Binance, Coinbase, OKX, and Bitstamp.

The main losers

Request sor

petitioner (CAT) was the biggest loser among the top 100 crypto assets, according to data from CoinGecko.

At the time of writing, TAO, the native token of the decentralized artificial intelligence project Bittensor, was down 5% and trading around $344. The crypto asset had a daily trading volume of $59 million and a market capitalization of $2.43 billion.

Founded in 2019 by ai researchers Ala Shaabana and Jacob Steeves, Bittensor initially operated as a parachain on Polkadot before transitioning to its own layer-1 blockchain in March 2023.

Mantra

Mantra (OM) was down 6% and was trading at $1.13 at press time. The digital currency’s market cap has fallen to $938 million. Moreover, the 82nd largest crypto asset shows a daily trading volume of $26 million.

Mantra is a modular blockchain network that includes two chains, Manta Pacific and Manta Atlantic, specialized in zero-knowledge applications.

Mantle

Mantle (MNT) has also seen a 2.4% drop in price, now trading at $0.8413. Mantle currently has a market cap of around $2.75 billion, which ranks it 36th in the global cryptocurrency rankings by market cap, according to price data from crypto.news.

In the past 24 hours, MNT trading volume also fell by 6%, reaching $240 million.

Mantle, formerly known as BitDAO, is an investment DAO closely associated with Bybit. The MNT token is central to governance, paying gas fees on the Mantle network, and staking on various platforms.

Built on the ethereum network, Mantle offers a platform for decentralized application developers to launch their projects. It has become particularly popular for GameFi applications, leading to the formation of an internal Web3 gaming team.