Top 5 Gainers Of The Past Week: POPCAT, VELO, FORT, LADYS, ONG

Key Points

• The top five tokens that saw significant gains over the past seven days are POPCAT, VELO, FORT, LADYS, ONG.
• The tokens managed to surge by approximately 100%, 57%, 46%, 44%, and 39% respectively.

During the past week, the crypto market witnessed significant volatility ahead of the Bitcoin halving which took place during the past weekend. Bitcoin completed its fourth halving on April 20, when the miner rewards were slashed from 6.25 BTC to 3.125 BTC.

After the halving, Bitcoin miners remain optimistic due to more reasons. Investors’ interest slightly shifted from miner shares to Bitcoin ETF products that had been approved at the beginning of the year in the US and about three months after, by Hong Kong as well.

Other optimistic factors for miners post-Bitcoin halving include Ordinals and Runes.

As more positive sentiment is expected to come into the crypto industry post the halving event, here are the top gainer tokens from the past week, a week filled with significant volatility, but also important gains for some coins.

Top 5 gainers of the past week

Popcat (SOL) POPCAT

Popcat (SOL) POPCAT saw significant maximum price gains during the past seven days, of about 100%. POPCAT is now trading at $0.30, up by 94% in the past seven days on CoinMarketCap. POPCAT’s total market cap is approximately $299 million.

POPCAT is a meme coin that has quickly gained traction in the crypto market.  Launched as a playful homage to the iconic Popcat meme – a pixelated cat with a distinctive expression – the tokens have seen exponential growth in just a matter of hours.

With its simple yet captivating concept, Popcat has captured the imagination of internet users and investors, sparking a frenzy of buying and selling activity.

The team behind the project continued to show optimism on X:

It’s coming. The Pop grows louder… pic.twitter.com/MMIWqBfwAd

— $POPCAT (@POPCATSOLANA) April 22, 2024

Velo (VELO)

Velo (VELO) is another important token that saw significant gains over the past seven days, VELO is now trading at a little under $0.02, up by about 54% in the past seven days on CoinMarketCap. Earlier, the token was up by about 57% in the past week. VELO’s total market cap is now approximately $125 million.

Velo Labs is building a unique federated credit exchange network. This is powered by the Velo Protocol – a blockchain financial protocol that enables digital credit issuance and borderless asset transfers for businesses using a smart contract system.

The project’s core mission is to enable partners to safely and securely transfer value to each other in a timely and transparent way. To do this, the Velo Protocol enables its partners to issue digital credits via a smart contract layer, using the Stellar Consensus Protocol to process and settle transactions.

Within its ecosystem, the Velo Protocol enables multiple business use cases that are all based on its core function: issuing collateral-backed digital credits, which correspond to any fiat currency that can be used for frictionless value transfer.

Forta (FORT)

Forta’s token FORT is now up by approximately 43% in the past seven days and the token is priced at $0.28 on CoinMarketCap. Earlier, the coin was up by 46% in the past week. FORT’s total market cap is now approximately $111 million.

Last week, Forta Network announced the Dune Analytics dashboard that shows exactly how the network is doing, aggregating node data, FORT metrics, and more.

Everyone always asks what the Forta Network is doing, not how the Forta Network is doing….

Oh wait! That because Forta’s @DuneAnalytics dashboard shows EXACTLY how the network is doing, aggregating node data, FORT metrics, and more!https://t.co/mQXwzf6nyR

— Forta (@FortaNetwork) April 19, 2024

Forta is a real-time detection network for security and operational monitoring of blockchain activity. This is a decentralized, community-based monitoring network that detects threats and anomalies on DeFi, NFT, governance, bridges, and more Web3 systems in real-time.

Given timely and relevant alerts about the security and health of owned or dependent systems, protocols and investors can react quickly to neutralize threats and prevent or minimize loss of funds.

Forta is secured and governed by smart contracts and the use of the FORT utility and governance token.

Milady Meme Coin (LADY)

LADY coin is another token that saw impressive gains over the past seven days of about 44% on CoinMarketCap. At the moment of writing this article, LADY has a total market cap of $164 million.

Milady Meme Coin has a unique tokenomics setup. 94% goes to the liquidity pool, 5% to the ecosystem, and 1% to airdrops. The mix aims to balance liquidity and community involvement.

Aside from its main focus involving teaming up with the community, getting on more exchanges, and growing the number of holders, Milady Meme Coin has also started doing NFTs with the Milady NFT collection.

Ontology (ONT)

Ontology (ONT) is another token that saw impressive gains over the past seven days. The token is now trading at $0.74, up by about 39% in the past 7 days on CoinMarketCap. The token’s total market cap is about $280 million.

Last week, Ontology became available on Guarda Wallet. In their official post on X, Guarda Wallet addressed a world where privacy, security, and trust drive the Web3 experience.

$ONT (@OntologyNetwork) is here on @GuardaWallet! Dive into a world where privacy, security, and trust drive the Web3 experience.

Create your #crypto wallet at Guarda now and start your secure journey with #Ontology https://t.co/Mh02MDKX3D pic.twitter.com/F11Q56Vghw

— GUARDA WALLET (@GuardaWallet) April 18, 2024

Ontology is an open-source blockchain that specializes in digital identity and data. The infrastructure of the project supports strong cross-chain collaboration and Layer 2 scalability. It also offers businesses the flexibility to design a blockchain that suits their needs.

Ontology’s features include ONT ID, a mobile digital ID application and DID used throughout the ecosystem, and DDXF, a decentralized data exchange, and collaboration framework.

Ontology adopts a dual-token model, with both ONT and ONG as utility tokens. Ontology decouples ONT and ONG to alleviate the risk of turbulent fluctuations of the native “asset” value on the gas fee.

These are the top five tokens with the most significant gains of the past week.