RichQuack, a BNB Chain-based meme coin, was up 236% over the past 90 days and is one of the top gainers during the bear market. It attracted a lot of attention from the community, topped the watch list on CoinMarketCap in August and ranked second in the last 7 days. With a market cap of $110 million and a trading volume of $3.4 million over the last 24 hours, it is currently trading at $0.00000024.
One of the driving forces behind the token price increase is its burning mechanism. QUACK has a total supply of 100 trillion and 50% is scheduled to burn. About 89 trillion QUACK have been burned in the past seven days. Its deflationary nature and utility are the likely catalyst for its rise.
PHA, token of privacy-focused cloud network – Phala Network, is trading at $0.19 after rallying more than 200% in a week. The network has recently made several upgrades and innovations on its platform. It has also been listed on crypto exchanges like Gate.io, increasing exposure to the token.
MDX was also up 114% over the past week and is trading at $0.16. However, it has decreased slightly over the past 24 hours. Its trading volume during this period is just $68 million.
The native token of the decentralized exchange Mdex has seen positive signs in price following the announcement of the perpetual trading feature on the DEX. The total value of assets locked in the DEX rose more than 15% over the past 7 days to a high of $127.46 million before falling to $124 million, according to DeFillama data.
GXChain is an industrial-level, permissionless blockchain meant to create a trusted data internet of value. GXC rose from a seven-day low of $0.479 to a high of $1.75, marking a gain of more than 265% in just one week. However, it quickly dropped and is trading at $0.24 at the time of writing.
The last big gainer last week is AGIX, a project that aims to join the blockchain world to the world of Artificial Intelligence or AI. AGIX rallied from a seven-day low of $0.042 to a high of $0.121, marking a return of over 188% in just one week. AGIX has been down since hitting weekly highs and is trading at $0.056.
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