MOG COIN (MOG). For the first time, the cryptocurrency entered the top 100 by capitalization, due to which it attracted more investor interest, and its growth momentum accelerated. The low market valuation factor also entered into play, leading to heightened volatility.
DOGWIHAT (WIF). The dynamics of meme cryptocurrencies are often not attributable to market factors. Notably, such assets are subject to price rigging, so they can often suddenly spike higher by tens or hundreds of percent or collapse.
Ethereum Name Service (ENS). The reason for interest in this cryptocurrency was news that developers proposed upgrading the network and, along with it, ENSv2, the aim of which is to reduce gas fees and boost scalability. However, investors are waiting for it to be finalized, in which case users will be able to gain considerable benefit from this upgrade.
Akash Network (AKT). The rally was attributable to technical factors. The altcoin broke above a key resistance level, after which the upside picked up momentum.
Bonk (BONK). This meme cryptocurrency locked in gains amid a rally in WIF and MOG. Often such assets are subject to manipulation, so their price movements are not driven by market factors.