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Top 5 Gainers of the Week (December 23-30): PHA, AI16Z, VERUM, ATA, AGLD

Top 5 Gainers of the Week (December 23-30): PHA, AI16Z, VERUM, ATA, AGLD

CyrptoRoCyrptoRo2024/12/30 14:44
By:Rada Mateescu

The coins with the most significant price surges during the last 7 days recorded gains between 78% and 322%

During a volatile week that saw Bitcoin’s price dropping from $99,000 to $93,000 levels, other digital assets recorded significant price surges. Here are the top five gainers of the last seven days.

Top 5 Gainers of the Last 7 Days

Top 5 gainers of the week

1. Phala Network (PHA)

PHA recorded the highest price surge during the last seven days, more than 322%. The digital asset debuted an ascendant trend from $0.12 on December 23, topping $0.59 on December 28.

At the moment of writing this article, PHA has a market cap of almost $394 million after reaching $457 million two days ago.

PHA 7-day price in USD

On December 24, the team at Phala Network announced in a post via X that 2024 was the year in which AI, the blockchain, and TEE converged and Phala has solidified its place as the go-to AI co-processor for the decentralized web.

They also announced plans for 2025 to launch Phala 2.00 with Dstack integrating GPU TEE technology and Ethereum’s L2 scalability to enhance AI and Web3 apps.

Phala Network is the Execution Layer for Web3. It enables AI to understand and interact with blockchains, unlocking the barrier for the first billion users to join Web3, according to the team behind the project.

2. ai16z (AI16Z)

AI16Z recorded a price growth of over 119% in the last seven days. The coin saw a continued surge from December 23 when it traded at around $0.6 and reached a price above $1.38 on December 28. Now, the coin has a market cap of around $1.4 billion.

AI16Z 7-day price in USD

On December 28, AI16Z reached a market cap of $1.53 billion, its ATH.

This is the first Solana Token Extension that crossed $1 billion in market cap, fueled by the hype around the AI agents and the optimistic predictions around them for the next year.

The project identifies itself as the first venture capital firm led by AI agents.

3. Verum Coin (VERUM)

VERUM recorded a price surge of almost 115% in the last seven days. It debuted a significant price surge on December 27 from $1,145, reaching prices above $3,100 on December 29. Since that day, it has been trading around the same levels.

Now, VERUM has a market cap of almost $292 million.

VERUM 7-day price in USD

On December 29, the coin reached a market cap above $294 million, its ATH. On that same day, the team at Verum Coin shared a post via X, highlighting that VERUM, together with PHA “are defying gravity with double digit gains,” while Bitcoin dipped to $94.000.

Yesterday, the team announced that VERUM became available on Uniswap Wallet.

VERUM strives to redefine the landscape of peer-to-peer transactions, ensuring user anonymity via advanced cryptographic techniques.

It also provides accelerated transaction confirmation times for seamless payments and efficient blockchain design for scalability.

4. Automata Network (ATA)

ATA recorded a price surge of over 80% in the last seven days. It debuted a notable price surge on December 28 from $0.1 and reached a peak close to $0.24 on the same day, when it hit a market cap close to $125 million.

Now, the coin is trading near $0.17 and has a market cap of over $95 million.

ATA 7-day price in USD

On December 28, the team at Automata Network shared a post via X, revealing that the project enables the integrity of machines to be verified on-chain so that developers can build apps with machine trust at its core.

They also noted that there is a rise in TEE (trusted execution environments) usage with AI agents and highlighted their benefits:

  • Private smart contract execution
  • Oracle data computation
  • Private transaction processing
  • Protected cross-chain bridge verification

Automata Network is a modular attestation layer that extends machine trust to Ethereum with TEE coprocessors.

5. Adventure Gold (AGLD)

AGLD recorded a price surge of over 78% in the past seven days. The coin had a volatile week and topped $2.77 on December 29 when it reached a market cap of over $214 million, after debuting a significant surge from $135.4 million on the same day.

Now, AGLD has a market cap of around $195 million and it’s trading at $2.53.

AGLD 7-day price in USD

Adventure Gold (AGLD) is an ERC-20 token that originated from the Loot NFT project.

Loot is a unique text-based collection of randomized adventure gear stored on-chain and it was created by Vine co-founder, Dom Hofmann.

According to the team, Adventure Layer is an L2 custom-made for fully on-chain games.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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