Top 5 Cryptocurrencies in the 1st Week of February
- Current top trending cryptocurrencies are APT, BTC, SHIB, MATIC, and SOL.
- Bitcoin surged over 40% in a month.
While the crypto market beholds a significant rally, the top cryptocurrencies outperform the market with bullish momentum. The king Bitcoin (BTC) has surpassed to $24,000 range, and the top altcoin Ethereum (ETH), is near $16,000. As, the global cryptocurrency market cap has surged to $1.05 trillion, which increased by 1.5% in a day.
Additionally, more altcoins have seen price hikes. Let’s look at the top 5 cryptocurrencies to watch in the first week of February.
In the wake of a prolonged bear market, the largest cryptocurrency, Bitcoin trading with the fifth week of a green candle in a row. Also, BTC gained its 42% dominance in the market and reached near to the $24K price range on January 30 after five long months. At the time of writing, Bitcoin traded at $23,159, surged around 40% in 30 days, and 9.5% in two weeks.
The layer-1 blockchain Aptos native cryptocurrency APT maintains remarkable increases since its launch on October 17, 2022. According to CoinGecko, Aptos attained its all-time high of $19.92 on January 26, 2023. At the time of writing, APT traded at 16.62 with a market cap of $2 billion. APT soared over 35% in the last 7 days and 380% in the preceding month.
Shiba Inu (SHIB)
Shiba Inu buzzed on social media as the SHIB Army anticipated the layer 2 scaling solution “Shibarium” launch, which triggered SHIB prices. At the time of writing, Shiba Inu traded at $$0.00001174, climbed over 45% in the preceding month, and 11% in the last 14 days. Also, Shiba Inu ranked as the “second safest crypto project” in the blockchain arena and the SHIB burn rate has increased.
After two months of low, Polygon blockchain’s native cryptocurrency MATIC surges above $1 on January 26, 2023, and it’s trending on Twitter. The price of Polygon is currently $1.11 and has a market cap of $9 billion. MATIC price has risen almost 15% in the last 7 days and increased by 45% over the past month.
Solana ecosystem’s governance token SOL is in fifth place in terms of the most popular and talkative cryptocurrency in 2023. At the time of writing, Solana traded at $23.74, surging around 140% from the last month and 5% in 14 days.
Further, the recent Twitter CEO Elon Musk plans to continue to advance the concept of Twitter payments, triggering the largest memecoin Dogecoin (DOGE) price. DOGE climbed by around 10% in just 7 days and 32% in a month. Also, Twitter has witnessed Dogecoin as a hot hashtag frequently.