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bonk
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$0.000026 7.63%
bitcoin
Bitcoin (BITCOIN)
$116,378 1.98%
ethereum
Ethereum (ETHEREUM)
$3,836 6.60%
binancecoin
BNB (BINANCECOIN)
$774.27 1.69%
solana
Solana (SOLANA)
$172.12 4.88%
ripple
XRP (RIPPLE)
$3.07 4.39%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000013 4.29%
pepe
Pepe (PEPE)
$0.000011 5.53%
bonk
Bonk (BONK)
$0.000026 7.63%
bitcoin
Bitcoin (BITCOIN)
$116,378 1.98%
ethereum
Ethereum (ETHEREUM)
$3,836 6.60%
binancecoin
BNB (BINANCECOIN)
$774.27 1.69%
solana
Solana (SOLANA)
$172.12 4.88%
ripple
XRP (RIPPLE)
$3.07 4.39%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000013 4.29%
pepe
Pepe (PEPE)
$0.000011 5.53%
bonk
Bonk (BONK)
$0.000026 7.63%
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Best Crypto Gainers Today - Conflux, Polygon, DeXe

Highlights:

  • Conflux, Polygon, and DeXe lead the pack of crypto market gainers today with strong price momentum.
  • Polygon broke out of a long downtrend, while DeXe eyes a possible 350% rally from key support.
  • DeXe is building momentum from support, with traders watching for another big breakout move.

The crypto market is sailing on a bullish ride today, as most of the tokens display positive trends. The overall market cap has surged to $3.77 trillion while the trading volume declined to $127 billion, indicating increased market activity. Amidst this positive outlook, let’s take a look at the crypto market gainers today, such as Conflux, Polygon, and DeXe.

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Crypto Market Gainers Today

1. Conflux (CFX)

The sudden upsurge in Conflux’s price boosted it by over 200% over the last 30 days. Despite attempts to take out the profits, the intensity of bulls led to an instant uptick above $0.2. Emerging as the best crypto market gainer today, CFX has gained 9.30% to trade at $0.221 with a market cap of $1.15 billion.

Best Crypto Gainers Today - Conflux, Polygon, DeXe
Source: CoinMarketCap

Conflux Network introduced v3.0.0 on August 1, adding eight new Conflux Improvement Proposals. This release improves compatibility with the Ethereum Virtual Machine and enhances the network’s performance. To retain full access to the network, node operators must upgrade by September 1.

The newer version has quicker transaction times, making it more appropriate for high-demand applications. It consists of updates to proof-of-stake rules and fixes of earlier bugs. Conflux is venturing into novel use cases of AI with the integration of native AI agents. Such updates will represent a shift in the way the platform approaches speed and functionality.

2. Polygon (POL)

Polygon has been on a solid uptrend recently, surging by almost 30% on the daily chart. As of this writing, the altcoin is trading around $0.236 after recording a 9% surge over the past 24 hours. Furthermore, its market capitalization and trading volume have surged to $2.5 billion and $237 million, respectively.

Best Crypto Gainers Today - Conflux, Polygon, DeXe
Source: CoinMarketCap

Polygon is on a recovery path after spending months on a downward trend, according to crypto analyst CryptoBusy. Between May and July, the price made a double bottom between $0.18 and $0.20. This formation established a strong support level and halted the declining trend. The price has been moved into the neckline range of $0.22 to $0.23.

Investors should monitor this zone closely since breaking above it will signal the reversal and onset of a new trend. Tokens such as POL may gain in this scenario as market focus shifts away from Bitcoin and toward Ethereum and layer-1s. Provided that interest builds, this step could be the beginning of a bigger expansion phase.

3. DeXe

DEXE has emerged as the third crypto market gainer today, with a 7% surge elevating the price to $8.42. The altcoin has surged by 12% and 8% on the weekly and monthly charts, respectively. Its market cap has climbed to $700 million despite a decline in trading volume to $14 million.

Source: CoinMarketCap

According to market analyst Smith, DeXe is indicating a strong move out of its support area. Historical upsurges of this level have led to gains of 150% and 200%. Smith now believes there is a possibility of a 350% increase. The price structure aligns with one of the main trend lines, which reinforces the structure.

History may be repeating itself, and traders should be keenly monitoring. Momentum around the support area implies a possible extension. The interest in DeXe is maintained, with previous cycles having comparable moves. According to Smith, this setup has triggered rallies in the past.

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