In this article, we’ll review the top 10 gainers of March, with the leadership of CFX and XRP marking an 11-month-high.
March brought unexpected movements to the crypto markets, with some top US banks collapsing within just two weeks. Some digital assets could quickly recover as the total crypto market cap reached the $1.1 trillion mark again.
The top three gainers of March are conflux (CFX), mask network (MASK) and XDC network (XDC). The assets have risen by 93.9%, 69.5% and 57.6%, respectively. While CFX and XDC are still in the green zone, MASK has dropped by 6.7% in the past 24 hours, according to CoinMarketCap (CMC) data.
Moreover, bitcoin (BTC) and ethereum (ETH) could make it to the list after tumbling on March 28, when the US Commodity Futures Trading Commission (CFTC) took legal action against the largest crypto exchange, Binance.
Interestingly, the top two cryptocurrencies by market cap reacted similarly to the uncertainty in the financial markets over the past week, per CMC data. BTC and ETH could make it to this list with 22.1% and 10.2% gains over the last 30 days.
In addition to that, XRP could even observe its 11-month-high on March 29, reaching the $0.57 mark. XRP’s price dropped by 1.7% in the past 24 hours while ranking fourth on this list due to its 41.8% gains this month.
Stellar (XLM), stacks (STX) and PAX gold (PAXG) could also make it to the list with 17.2%, 9.7% and 9.9% gains in March.