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August 7 – The crypto market is currently reflecting a bullish undertone, with nearly all major coins registering gains over the past 24 hours. The top “Hot Coins” list shows strong activity, especially among altcoins, signaling growing risk appetite among investors.
Top hot coins in crypto in the last 24 hours
Binance Coin (BNB)
BNB holds the number one spot on Binance’s hot coins list, trading at $775.01 after a modest 1.17% increase over the past 24 hours. While the gain isn’t dramatic, BNB’s price stability reflects consistent investor confidence in Binance’s native asset, likely supported by the platform’s continued dominance and utility-driven demand. It remains a go-to token for those seeking less volatility during altcoin surges.
Bitcoin (BTC)
Bitcoin (BTC) follows closely in second place, with a price of $116,484.39 and a 24-hour gain of 1.76%. BTC continues to serve as the anchor for the entire market, its upward momentum, although not explosive, indicates solid institutional backing and sustained optimism. The price action suggests accumulation and long-term holding rather than speculative trading.
Ethereum (ETH)
Ethereum (ETH) comes in at third place and shows a notably stronger performance, rallying 6.19% to hit $3,845.95. This move positions ETH as one of the top large-cap gainers for the day. Its price surge likely reflects increasing interest in its upcoming developments and sustained use in DeFi, NFTs, and layer-2 ecosystems. ETH appears to be reclaiming its narrative as a growth asset, not just a utility token.
Other notable coins
XRP claims the fourth position, trading at $3.07 with a 3.25% increase in the last 24 hours. It has consistently shown resilience, and today’s positive movement hints at growing confidence in Ripple’s global payment solutions. Though its gains are smaller than some others, XRP’s upward trend keeps it in the top tier of market movers.
Dogecoin (DOGE) ranks fifth, trading at $0.21388 after a 5.94% increase. As always, DOGE’s rally appears to be fueled by retail sentiment and social media buzz. Its consistent comeback into the spotlight proves its unique place in the market, part meme, part momentum coin, and always full of surprises.
Solana (SOL) sits at number six, showing a 3.07% uptick and trading at $170.96. SOL continues to benefit from strong ecosystem growth and a reputation for fast, efficient transactions. While today’s gain isn’t groundbreaking, it reflects steady accumulation and investor faith in Solana’s long-term potential as a viable Ethereum competitor.
In seventh place, SUI makes a big move with an 8.48% surge, bringing its price to $3.74. As a relatively newer blockchain, SUI is gaining attention for its unique architecture and developer-friendly design. Its impressive growth today suggests increased user interest and possibly the early signs of deeper market integration.
PEPE takes the eighth position, climbing 4.83% to reach $0.00001086. Despite being a meme coin, PEPE continues to find space in traders’ portfolios. Its volatility often provides quick trading opportunities, and today’s gain suggests it’s still being actively speculated on within meme coin circles.
BIO, ranked ninth, is easily the day’s biggest star with a jaw-dropping 48.72% gain. Now trading at $0.0873, this explosive move could be the result of hype cycles, low market cap momentum, or a sudden injection of community interest. Either way, such rapid growth makes it both highly attractive and highly risky, perfect for short-term plays but requiring close monitoring.
Finally, Cardano (ADA) rounds out the list at number ten, trading at $0.7651 with a 4.64% gain. ADA’s steady performance today reflects slow but healthy momentum. Often seen as a long-term, research-focused project, Cardano’s consistent upward moves show that investor interest remains alive, even if it tends to build slower than flashier coins.