2 Trending ‘Crypto of the Day’, Soared Over 50% in a Day?

Jakarta, Pintu News – The crypto market is again enlivened by two digital assets that have managed to steal the attention of traders. In the last 24 hours, both were included in CoinMarketCap ‘s Trending Crypto of the Day list after recording a price surge of more than 50% in just a day.

This sharp movement has led to renewed speculation among investors as to whether this momentum will continue or signal high volatility in the short term.

Read the full analysis below!

Numeraire (NMR) – Rocketed 132.05% in 24 Hours

Based on the price chart above, Numeraire (NMR) showed a significant price increase in the last 24 hours. Its value rose by more than 132% to stand at around $18.56.

The chart also shows several long green candles reflecting increased buying pressure after a period of relatively stable prices. This rise was also supported by a jump in trading volume of over 3,600%, signaling sharply increased market activity.

Currently, Numeraire (NMR) is listed as one of the trending cryptos on CoinMarketCap, with a majority positive community sentiment (91% bullish). This quite extreme price movement makes NMR receive more attention from traders and investors, while signaling the potential for high volatility in the short term.

Also read: Will the XRP ETF be approved by the SEC? Here are the facts!

What is Numeraire (NMR)?

Numeraire is an Ethereum-based platform that allows developers and data scientists to experiment and create machine learning models with greater reliability. The main goal of the platform is to bring decentralization to the field of data science, while providing space for developers to compete in creating more effective machine learning prediction models.

BNB Attestation Service (BAS) – Soared 64.45% in 24 Hours

Based on the price chart, BNB Attestation Service (BAS) has experienced a significant increase in the last 24 hours. The price of BAS increased by about 64%, reaching the level of $0.01766.

This movement was clearly visible on the charts with the appearance of long green candles, especially in the rapid upside phase that occurred towards the end of the session. Market activity also increased sharply with daily trading volumes reaching over $53 million, up more than 170% on the previous day.

BAS’s market capitalization currently stands at around $44 million, with a relatively positive community sentiment, where around 80% of users on CoinMarketCap show a bullish view.

Besides Numeraire (NMR), BNB Attestation Service (BAS) is also on the list of trending cryptos on CoinMarketCap. The combination of price spikes, volume increases, and increasing community interest makes BAS one of the assets that many traders and investors are watching in the near future.

Read also: 2 Key Factors Driving Stablecoin Market Growth

What is BNB Attestation Service (BAS)?

BAS is a verified identity and reputation system for the BNB Chain ecosystem. The platform features BNB Passport as the user’s primary identity that combines KYC data from various exchanges, Attestation Registry to securely store identity data, assets, and credentials, and BAS Verify SDK that makes it easy to integrate access permission, personalization, and compliance features into decentralized applications (dApps).

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinmarketcap
• Featured Image: Generated by AI