The crypto market is seeing a surge in buying pressure to start the week, with a handful of altcoins leading the charge higher.
Among today’s top performers are Internet Computer (ICP), Quant Network (QNT), Ondo (ONDO), and the recently launched Green Bitcoin (GBTC) presale.
Internet Computer Surges as AI Crypto Hype Intensifies
Internet Computer is having a great start to the week, with the crypto surging over 19% in the past 24 hours to trade around $16.80.
This represents ICP’s highest price since April 2022 as buzz builds around AI-focused crypto projects.
The double-digit percentage pump has unleashed a flurry of retail activity.
Spot volumes have rocketed 133% higher to $159 million as of this writing – indicating that Internet Computer is firmly back on the radar of speculators.
While pinpointing the exact catalyst is difficult, Internet Computer’s association with artificial intelligence has likely contributed to its rise.
As AI continues dominating tech headlines, any crypto perceived as having AI utility has become an attractive target for market speculators.
Quant Network Breaks Out with 15% Rally
Quant Network is experiencing a powerful rally of its own, with the cryptocurrency climbing over 15% to hit the $147.50 level.
This price pump has launched QNT to its highest point since December of last year.
The token is now approaching a key resistance level around $150 that could open the floodgates for further upside if breached convincingly.
Like with Internet Computer, Quant Network’s rise has been down to an explosion of spot trading volumes.
Trading activity is up a staggering 261%, indicating that whales and institutional players may be accumulating QNT.
Whether this breakout for QNT is sustainable or merely a flash in the pan remains to be seen – but the aggressiveness of the move highlights that it has captured traders’ attention.
ONDO Rallies as Whales Go On Buying Spree
The DeFi lending protocol Ondo is another crypto asset turning heads today with a 17% rally.
ONDO is trading at around $0.89 after hitting a new all-time high of $0.974 earlier in the day.
Ondo’s parabolic move has pushed it into the #3 spot on CoinMarketCap’s list of today’s biggest trending cryptocurrencies.
The combination of its rapidly accelerating market cap and heightened speculative interest suggests traders are becoming increasingly interested in the project.
On-chain data from Lookonchain confirms this – showing that whales are aggressively accumulating ONDO tokens.
The analysts noted that multiple wallets have withdrawn millions of dollars of ONDO from exchanges like Bybit and Gate.io in the past few weeks.
With such large players positioning themselves for further upside, ONDO’s momentum could just be getting started.
Green Bitcoin Presale Tops $8.8M Amid Demand for Eco-Friendly Cryptos
While established cryptos like ICP, QNT, and ONDO are rallying, the bullish momentum is also providing a tailwind for one of crypto’s hottest presale projects – Green Bitcoin.
The eco-friendly project’s ongoing presale has now raised an impressive $8.8 million in funding.
For investors getting in now, GBTC tokens can be purchased for $1.106 each, though this discounted price will increase again in 3 days’ time.
Due to this setup, buyers seem eager to secure their allocation as early as possible.
Additionally, over 63% of the GBTC tokens purchased through the presale have already been staked by holders looking to earn the project’s 73% annual yields.
The combination of Green Bitcoin’s staking rewards and eco-friendly approach appears to be resonating with crypto investors.
As its name suggests, Green Bitcoin aims to be a more energy-efficient and sustainable alternative to Bitcoin’s Proof-of-Work consensus.
However, Green Bitcoin will also offer unique features like “Gamified Green Staking,” allowing users to earn GBTC bonuses by accurately predicting BTC price movements.
With features like this, it’s no wonder Green Bitcoin has rapidly amassed a Twitter following of over 19,000.
As the presale heats up and exchange listings loom, this eco-friendly upstart could be one to watch.
Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
The token Green Bitcoin (GBTC) has no affiliation and is not associated in any shape or form with Grayscale’s Bitcoin Trust.
Readers are also advised to read CryptoPotato’s full disclaimer.
The post Monday’s Top Crypto Gainers: Internet Computer, Quant, Ondo, Green Bitcoin appeared first on CryptoPotato.
