The cryptocurrency market is witnessing rejuvenated sentiment. Bitcoin (BTC) has surpassed the $52k level for the first time since 2021. Moreover, the global market cap has crossed $2 trillion, rising 5.3% in the last 24 hours. With BTC hitting a new 2-year high, we may be finally entering the early stages of another bull run.
With that said, let’s look at the best-performing crypto projects this week.
Top 3 cryptocurrencies with the highest gains
Beam (BEAM):
Beam (BEAM) is currently the best-performing cryptocurrency in the weekly charts. The asset has rallied by 7.7% in the daily charts and by a whopping 65.7% in the weekly charts. Moreover, the asset has rallied almost 50% over the previous month.
According to CoinCodex, BEAM may consolidate at current levels. However, the platform anticipates the token to rise to $0.032 by early March.
Also Read: Top 3 Cryptocurrencies That Could Surge After Bitcoin Halving
Stacks (STX):
Stacks (STX) is currently the second-best-performing cryptocurrency this week. The asset has rallied by over 28% in the daily charts and by 63.7% in the weekly charts. Moreover, the asset is up by almost 70% over the previous month and more than 750% since February 2023.
According to CoinCodex, STX may consolidate at current levels, but the platform anticipates the token to breach the $3 level in March. Hitting $3 from current prices would translate to a growth of about 9.09%.
Also Read: Top 3 Cryptocurrencies Under $0.10 That Could Surge in 2024
STX’s latest rally could be a result of BTC’s recent surge. STX’s trading volume spiked by 100%, hitting almost $480 million.
Sei (SEI):
SEI is the third-best-performing cryptocurrency this week, rallying 22.6% in the daily charts, 43.6% in the weekly charts, and 6.5% over the previous month.
CoinCodex anticipates SEI to surge to just below $1 by March 10, 2024.
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