- ALU, DEGO, GMM, and ICP hit 7-day highs in a recent bull rally.
- Reports on the recent partnerships and upgrades influence market cap listing.
- Bullish momentum prevails in the last 24 hours in the top collectibles and NFTs tokens.
Despite Altura partnering with UltiverseDAO, a metaverse platform offering diverse MetaFi and Dapp user experiences, on April 24, another announcement on April 27 managed to top it among the Top Collectibles and NFTs tokens by market capitalization.
This spike has increased the market capitalization and 24-hour trading volume by 8.60% and 12.84%, respectively, to $0.04255 and $1,005,962.
Bullish momentum has prevailed over the previous 24 hours, with the bulls boosting the price from an intraday low of $0.04255 to a new 7-day high of $0.04917. At the time of writing, ALU was trading at $0.0482, up 8.06% from its previous close.
Dego Finance (DEGO) ranked second on the coin market cap list, with the cooperation between Dego Finance and Zebec_HQ driving the good momentum. As a result, DEGO market capitalization and 24-hour trading volume increased by 7.62% and 100.85%, respectively, to $30,720,189 and $3,675,044.
In the previous 24 hours, the DEGO market encountered support and resistance around $2.00 and $2.19 (7-day high), respectively. At the time of publication, the bulls were still in charge of the DEGO market, pricing it at $2.18, an 8.23% increase.
Gamium’s (GMM) market capitalization and 24-hour trading volume have increased by 6.20% and 103.52%, respectively, to $28,643,434 and $3,787,547 in the previous 24 hours.
Due to this rise, GMM ranked third on CoinMarketCap’s ranking of the top collectibles and NFTs by market capitalization. This increase is due to the continuing quest in Zealy_io, in which Gamium added ten additional guests on April 26th.
The GMM market’s bullish momentum prompted the price to swing between an intra-day low of $0.001217 to a 7-day high of $0.001657. GMM was valued at $0.001377 as of press time, a 6.12% increase over its previous closing.
On April 28th, dom. icp tweeted that the Internet Computer may work with an AI, prompting optimism in the ICP market.
Traders joined the rise in expectation of a continuing bull movement, producing a 5.82% and 26.03% increase in market capitalization and trading volume to $2,753,490,748 and $86,916,728, respectively.
Bulls propelled the ICP price from a 24-hour low of $5.89 to a 7-day high of $6.45 before hitting resistance. The bullish momentum was still strong as of press time, resulting in a 6.01% increase to $6.33.
In the last 24 hours, bulls have had the upper band, with the round table with VeilofTime fueling the momentum. The RMRK (RMRK) price moved between an intra-day high and low of $2.37 and $2.28 due to the positive trend. The bullish momentum remained at publication, resulting in a 3.27% gain to $2.36.
The market capitalization climbed by 3.25% to $22,417,324, but the 24-hour trading volume decreased by 36.59% to $84,031.
This increase implies rising investor confidence in the market, but the drop in trading volume may imply a temporary pause in market activity.
The STEPN (GMT) gem upgrade, an in-game gem mechanism, enables one to burn 3 gems and some $GST (+ $GMT) to earn a chance at 1 higher-level gem. The GMT market capitalization and 24-hour trading volume increased by 2.97% and 61.82%, respectively, to $252,799,350 and $44,511,027 due to this upgrade.
This increase demonstrates rising demand and interest in GMT, demonstrating that the market and investors have reacted favorably to the upgrade.
GMT was trading at $0.3416 as of press time, up 2.63% from the previous day’s closing. Bullish momentum in the GMT market propelled the price from a low of $0.3285 to a 7-day high of $0.3465 before hitting resistance.
Bullish momentum has persisted since StreamCoin announced on April 28 that a new STRM burn would occur on May 1, 2023, consisting of ecosystem fees and revenues from the STRMTrade and Special Trade portals. The STRM price rose from an intra-day low of $0.01288 to a 24-hour high of $0.01344 due to the bullish reign before hitting resistance.
At the time of publication, STRM was trading at $0.01343, up 3.30% from its previous close, showing investors were optimistic about the market.
This bull run was followed by a 3.32% and 1.37% increase in market capitalization and 24-hour trading volume, respectively, to $18,908,873 and $13,658,549, placing it seventh on CoinMarketCap’s list of the top collectibles and NFTs by market capitalization.
In conclusion, reports on the recent partnerships and upgrades have influenced each token’s market capitalization and trading volume.
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