Key Points
- KYVE Network experienced a 340% surge in the last 24 hours, according to CoinGecko data.
- Undeads Games (UDS) token also saw a significant increase, with a 190% price surge.
KYVE Network has seen a significant price increase, with a surge of 340% within a single day. The data from CoinGecko reveals that the value of KYVE jumped from a 24-hour low of $0.01307 to a high of $0.57877, before falling to $0.03183.
Market Performance
Analyzing different timeframes, KYVE’s value increased by 220% over the past week. This drastic rise and subsequent drop occurred while the wider crypto market was in a downturn, with the global crypto market cap decreasing by 2.5% in the last 24 hours.
One potential factor behind KYVE’s surge could be the recent launch of their second phase of beta testing.
Other Top Gainers
The second-highest gainer was the UDS token from Undeads Games, which saw a 190% increase. CoinGecko data shows that UDS rose from a 24-hour low of $0.1712 to a high of $0.7597. Currently, the token is trading at $0.5623, marking a 700% surge over the past week and bringing the market cap of UDS to $28.1 million.
The exact cause of this sudden increase is unclear, as there haven’t been any significant announcements or milestones that could have prompted this surge.
In contrast, Bitcoin (BTC) which had risen above the $72,000 level a few days ago, has seen a reversal in the last 24 hours.
