MultiversX (EGLD) emerged as the top gainer on the day.
The EGLD price soared more than 22%.
To earn higher returns during the next bull run, investors in the cryptocurrency market are gradually moving toward mid-cap investment options. Thus, “MultiversX (EGLD) is this week’s top-performing cryptocurrency,” ranking 44th overall in the crypto space, according to data from CoinMarketCap.
The native currency of MultiversX, EGLD, is currently showing an inverted head and shoulders pattern on a daily time zone. Bulls have been accumulating EGLD coins since this week, responding to the signal of a bullish pattern. As a result, “EGLD emerged as the top gainer on the day,” as per CoinMarketCap.
MultiversX’s price surged more than 22% overnight, reaching a high of $49.47. At the time of writing, EGLD traded at $45.55 with a market cap of $1.15 billion. In addition, MultiversX’s 24-hour trading volume climbed over 780% to reach $216 million.
MultiversX (EGLD) Price Chart (So
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