The month of August started on a high pitch with some top cryptocurrencies doing bullishly in the market. Most of the tokens increased in volume and prices.
Throughout this period, Bitcoin (BTC) managed to trade above the $11,000 price level. However, there is no major digital currency among the top 10 among the top gainers of August.
In the last 7 days we have seen many tokens gain in momentum. The biggest 5 gainers in the past one week include onLEXpa ( onLEXpa with the volume of $52.12K, price of $0.018764, and the staggering surge of above 9000%), WingShop ( WING, volume of $104.69K, $0.039446, +3,238.80%), Community Token ( COM, volume of $314.43K, $1.94, +2647.31%), HyperQuant ( HQT, with vol of $95.19K, price of $0.005023 and increase of 1,039.51 percent) and yffi.finance ( YFFI, with vol of $3.69M, $155.16 and increase of +781.3%). Let’s now review the biggest 5 gainers of August, 2020.
The biggest gainer of August was yearn.finance, a token in the 23rd rank by market cap (MC). YFI gained by more than 814.99 percent and is currently trading at about $38,073 (24.22%), a volume of $771.9M and MC of $1.14 billion.
The 30 day high and low for FYI is $39,306.1 and $3,422.66, respectively. FYI’s all-time-high and all-time-low is $39,306.1 that it hit on August 31, 2020, and $739.44 that it bearishly traded on July 21, the same year.
This shows that yearn.finance has gained a lot of traction in the market. It is now competing with UNUS SED LEO (LEO, $1.28 with a MC of $1.28B) and it could even surpass NEM (XEM) to occupy the 20th position.
DFI.money is in the 82nd rank by market cap and is currently trading in red at $4,460.72 (-6.01%) with a MC of $167 million and volume of $240 million. In the past 30 days, YFII managed to increase by over 593.73 percent, according to Coinmarketcap (CMC).
The highest and lowest price for YFII in August was $5,922.16 and $96.29 respectively. The coin recorded its all-time-high (ATH) and all-time-low (ATL) in the same month. Its ATH was $5922.16 that it reached on August 30 and ATL was $96.29 (Aug 03).
NXM is ranked number 50 by MC and has ended the month in red. The coin is changing hands at around $66.98 (-8.38 percent) with a MC of over $365.9 million and Vol (24h) of around $76.62 million. In the past 30 days, NXM managed to soar by up to +482.22 percent, making it to be the 3rd biggest gainer of the month.
During this period, the highest and lowest price of NXM was $82.35 and $10.92 resp. NXM all-time-high and all-time-low is $82.35 that registered on August 30, 2020 and $6.84 (July 23, 2020).
The month of August has been a bullish trading session for UMA, the 21st cryptocurrency by market cap. The cryptocurrency has managed to surge by over 389.14 percent in the last 30 days (one month).
At press time, the coin is changing hands at around $21.75 (39.6%) with a MC of $1.18 Bln and volume of $61.61 mln. Its 30-day high and low is $0.155974 and $0.052712, respectively.
The coin made its all-time-high of $2.09 on January 4, 2018. Since 2018, UMA has never traded above $2. The coin has declined to trade at a low of around $0.000079 in September 15, 2015.
For the first time in history, Kusama, in the 48th rank, has made it to the top 5 gainers of the month. The coin has gained by over 315.14 percent in August this year.
Currently, KSM/USD is changing hands at around $44.53 (28.28%) with a MC of $377.18 mln and volume of $63.083 million. KSM’s highest and lowest price in August was $47.21 (and this is its ATH so far) and $9.61. its ATL is currently at $0.914346 that it hit on Jan 14, 2020.