Trump’s victory raises hope for the cryptocurrency sector. Cro, Ada, Doge, ENA and Neiro were the top players last week
When Donald Trump won the 2024 US presidential election, the cryptocurrency market saw a huge surge. Optimism about pro-cryptic policies under the Trump administration has boosted investors’ confidence, with major cryptocurrencies unveiling strong profits each week.
Last week’s major winners included Cro, Ada, Doge, ENA and Neiro. These coins show significant price fluctuations, indicating a positive market response to the political scene and a larger cryptocurrency ecosystem.
Source: (CMC)
CRO
Crypto.com’s native token, Cronos (CRO), has surged 115%, reaching a new high as investors responded to the positive political situation. Trump’s support for cryptocurrency during his campaign gives us new confidence in the future of the US crypto business. Regulation clarity is expected, and investors are increasingly confident in projects such as Crypto.com.
At the time of writing, CRO has grown by $0.1466, 17.56% over the past 24 hours, with a market capitalization of $41.1 billion and a 24-hour trading volume of $316.82 million.
Source: (CMC)
Cardano (ADA)
Cardano (ADA) saw a major breakthrough over the weekend, jumping from $0.32 on November 4 to $0.58 on November 10, representing a 105.89% increase. Spike has boosted investors’ confidence in the ADA after months of performance and regulatory issues following the retirement of SEC Chairman Gary Gensler. Charles’ video posting on X has had a major impact. The ADA is currently trading at $0.6021, marching in the red, down 3.28% from 24 hours. He is the second highest winner in the last 7 days.
Source: (CMC)
dogecoin (doge)
Doge, a meme coin that has captivated the public’s interest, has seen its value rise by 84.86%. Its origins are in humor, but Doge’s resolve and community-driven growth is a top performance, especially given Trump’s rage about the promise of blockchain technology. The social media effect of masks after the election is important. Meme currency demonstrates the ability of major companies to withstand change.
At the time of writing, Doge is trading at $0.2884, up 17.48% over the last 24 hours, with a market capitalization of $427 billion and $18.85 billion.
Source: (CMC)
Esena (Ena)
Ena has recently escaped from the falling triangle, indicating the possibility of a fierce turnaround. Analysts estimate that ENA will rise 100%-120% as trading volumes increase 63.42% and open interest rises 22.15%. Euler Labs’ expansion of collateral options and consistent transaction activity contribute to the growing demand for ENA.
At the time of writing, ENA had traded at $0.645, up 14.68% over the past 24 hours, with a market capitalization of $1.8 billion and trading volume of $10.1 billion.
Source: (CMC)
neiro (neiro)
Neiro, a privacy and decentralisation project, gained traction last week following a major update to its ecosystem. This improvement has increased privacy features and transaction speed, which has contributed significantly to its value. Neiro’s continued development distinguishes it as a leader in the privacy coin market. With all this happening now, Neiro is trading at $0.002403, facing Red March in the last 24 hours, at 10.11%.
Source: (CMC)
With the increased stability and certainty surrounding future cryptography, traders and investors are confident that these top winners will continue to outperform in the coming weeks. Political change and increased institutional involvement are considered the main accelerators of the digital assets sector.