KYVE Network is the top gainer according to the latest data, with a 340% increase in the last 24 hours.
According to the latest data from CoinGecko, KYVE rose from a 24-hour low of $0.01307 to $0.57877 but fell to $0.03183 at last check on Sunday.
Source: CoinGecko
A closer look at different time frames shows that KYVE is up 220% in the last seven days.
The price increase and subsequent decline occurred while the market as a whole was declining. The latest data shows that the value of the global crypto market has fallen by 2.5% in the last 24 hours.
One possible developmental reason for the increase is the recent release of beta testing phase 2.
1/ KYVE’s Beta Testing Phase 2 is starting! 🚀
🛠️ Testing @ar_io_networkTurbo integration on the protocol, aimed at simplifying fund management and improving the data storage experience for KYVE protocol validators.
Learn the details 🔎⤵️ pic.twitter.com/MlIJufj1vm
— KYVE 💫 (@KYVENetwork) November 1, 2024
Undeads Games approached 200%
The second token on the list of top gainers was UDS with a 190% price increase. According to CoinGecko data, UDS rose from a 24-hour low of $0.1712 to a high of $0.7597.
At the time of writing, the token is trading at $0.5623; That’s an increase of roughly 700% in the last seven days. This upward move helped UDS reach a market cap of $28.1 million.
Source: CoinGecko
However, the exact cause of the pump is unknown. There are no major announcements or project milestones that helped the coin achieve this price increase.
Bitcoin (BTC), which managed to rise above the $ 72,000 level a few days ago, reversed its direction in the last 24 hours.