Top Volumes on Cronos EVM [10/16/2024]
CAW leads in volume, with CAW also claiming the TOP CHANGE with a +39.7% gain. Oct 16, 2024
Introduction
The Cronos EVM ecosystem saw substantial trading activity on October 16, 2024, marked by significant volume across various tokens. CAW dominated the volume rankings and also led the top percentage change, demonstrating strong market dynamics. Let’s explore the standout projects of the day and their trading metrics.
1. CAW ($1,608,327 Volume)
CAW topped the volume charts with an impressive trading volume of $1,608,327. The token achieved a significant price increase of +39.7%, reflecting heightened market interest and trading activity.
2. MERY ($569,000 Volume)
MERY followed CAW with a trading volume of $569,000. Despite the high volume, the token experienced a price decline of -3.59%, indicating some market correction after previous trading spikes.
3. RTRD ($97,000 Volume)
RTRD ranked third in terms of trading volume, registering $97,000. However, the token faced the steepest price drop of the day, falling by -46.7%, which suggests a notable market adjustment or profit-taking by investors.
4. CORGIAI ($78,000 Volume)
CORGIAI saw a trading volume of $78,000 and managed to post a +3.7% price increase, signaling ongoing investor confidence and a stable growth trend.
5. LAZY ($24,000 Volume)
LAZY had a trading volume of $24,000, coupled with a price decrease of +13.5%.
6. MOON ($22,000 Volume)
MOON recorded $22,000 in trading volume but faced a minor price dip of -2.3%. Despite the slight downturn, the token continued to show moderate trading activity.
7. CROGINAL ($15,000 Volume)
CROGINAL saw $15,000 in trading volume, with a small price increase of +3.9%, indicating gradual growth within a stable trading range.
9. FFTB ($12,000 Volume)
FFTB recorded $12,000 in volume but saw a price drop of -6.5%, reflecting potential market readjustment or lower demand.
9. DIP ($11,000 Volume)
DIP managed to generate $11,000 in trading volume and achieved a +1.3% price increase, showcasing positive sentiment among its traders.
10. RYOSHI ($11,000 Volume)
RYOSHI rounded out the list with a trading volume of $11,000 and a price gain of +3.79%, suggesting steady market participation and continued investor interest.
Conclusion
The trading landscape on the Cronos EVM on October 16, 2024, was characterized by CAW's dominance in both volume and price change, indicating robust trading dynamics. While some tokens experienced market corrections, others like LAZY and DIP showed positive growth. The varied performance across tokens reflects the evolving nature of the Cronos ecosystem, where market conditions shift quickly and present different opportunities for traders. Stay tuned for more updates as we continue to track the trends within the Cronos ecosystem.
Source: Data from DexTools & MemesOnCronos (Snapshot: 10/16/2024 19:57 UTC).