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Crypto Gainers of The Week: UNI, FIL, and WLD – Crypto News

Published

1 year ago

February 25, 2024

Dripp

The crypto ecosystem had an eclectic week seeing Bitcoin (BTC) soaring to a high of $52,945 on heightened sentiments surrounding spot Exchange Traded Fund (ETF) products.

With the heightened activities surrounding Bitcoin’s price action, many altcoins joined the trend, soaring to new heights when interwoven with their own personal ecosystem fundamentals. Of the altcoins that recorded expansive growths this period, Uniswap (UNI), Filecoin (FIL) and Worldcoin (WLD) stand out.

Here’s an overview of their price outlook this past week.

Uniswap (UNI)

This week in crypto, it was as if Uniswap (UNI) emerged from dormancy after it soared as high as 76% after it unveiled a change in staking mechanism to reward its adopters. At the time of writing, Uniswap is in a correction mode as its price has slipped 5.87% in the past 24 hours to $10.56.

Uniswap 7-Day Chart. Source: CoinMarketCap

Uniswap has retained a more than 38% growth over the trailing 7-day period and with its new UNI.ETH domain name embrace, the DEX platform is likely to draw more use cases that can weigh in on the price in the long term.

Filecoin (FIL)

Filecoin (FIL) showcased a breakout from dormancy this week as its price retested the $8 price mark for this first time in more than a month. At the time of writing, the decentralized file storage protocol jumped is worth $8.45, up by 8.11% in the past 24 hours.

In the past 7-days, Filecoin has jumped more than 38% and by over 78% in the past month. As a crypto with many use cases, Filecoin recently gained a validation from Solana co-founder, Anatoly Yakovenko amid both protocol’s partnership, underscoring the importance of the protocol in the crypto ecosystem.

Filecoin 7-Day Chart. Source: CoinMarketCap

Worldcoin (WLD)

Beyond gaining major traction in its Orb verification innovation, Worldcoin has been riding on the growing influence of OpenAI to chart new pathways for itself. Earlier today, Worldcoin breached the All-Time High (ATH) of $9.33 after sustaining a 24-hour growth of 5.80%.

With its parabolic growth, Worldcoin is now leading the crypto momentum after amassing an additional 60% surge in 7 days and 292% in the past month.

Worldcoin 7-Day Chart. Source: CoinMarketCap

Crypto Momentum Not Slowing Down

The spot Bitcoin ETF emergence has shifted the paradigm in the crypto ecosystem overall. Beyond the trio of Uniswap, Filecoin and Worldcoin, other altcoins also entered into the limelight in the week.

More growth pushes are projected as investors are now more confident in the market and in the long term, more upshoots might be recorded in the long term.