Dogecoin

Cardano

Toncoin

PEPE

Conflux

<ul> 
 <li>Toncoin (TON), Cardano (ADA), and Conflux (CFX) defy the market slump, showcasing resilience with gains.</li> 
 <li>TON bucks the trend with a 20% monthly gain overtaking Dogecoin as the 8th largest crypto.</li> 
</ul> 
The global cryptocurrency market has displayed a notable downtrend recently. Following a substantial price surge, Bitcoin (BTC) briefly <a href="https://thenewscrypto.com/bitcoin-btc-shoots-5-rally-a-sign-of-rebound/" target="_blank" rel="noreferrer noopener">climbed</a> above $63,700 before experiencing a decline that mirrored the overall market trend. In the past 24 hours, the global crypto market saw a bearish reversal, dropping over 2.32% to $2.26 trillion. 
Despite the widespread downturn, a few altcoins, including Toncoin (TON), Conflux (CFX), and Cardano (ADA), have managed to post gains.&nbsp; 
<h3 class="wp-block-heading" id="h-top-crypto-gainers-of-the-day">Top Crypto Gainers of the Day</h3> 
Toncoin emerged as the top third <a href="https://coinmarketcap.com/gainers-losers/" target="_blank" rel="noreferrer noopener nofollow">performer</a>, with a 2.66% increase in the last 24 hours, adding to its week-long ascent of 7% and erasing previous losses. While most assets saw declines in their monthly performance, TON continued its rally and recorded a 20% increase. This upward movement has let Toncoin surpass Dogecoin, becoming the 8th largest cryptocurrency by market cap. 
At the time of writing, <a href="https://thenewscrypto.com/toncoin-ton-price-prediction/" target="_blank" rel="noreferrer noopener">TON is trading</a> at $7.96 with a market cap of $19.59 billion, now 3% below its all-time high of $8.24. The recent traction for Toncoin can result from its listing on Kazakhstani exchanges and increased investments from Pantera Capital. 
Cardano has also showcased <a href="https://thenewscrypto.com/cardano-ada-price-poised-for-recovery-as-investor-optimism-remains-strong/" target="_blank" rel="noreferrer noopener">notable growth</a>, climbing 3.87% to a peak of $0.4219. This surge has boosted its market cap to $14.85 billion, with a 22% rise in daily trading volume. The recent uptick is likely driven by anticipated network upgrades and increased on-chain activity, suggesting bullish sentiment despite market volatility. 
Conflux has been another standout, rising 6.63% in the last 24 hours to a high of $0.1752, topping the gainers list. Over the past week, Conflux has <a href="https://thenewscrypto.com/conflux-cfx-price-prediction/" target="_blank" rel="noreferrer noopener">surged</a> over 10%, with a current market cap of $730 million. However, the daily trading volume for Conflux decreased by 28%, indicating some caution among traders. 
Overall, while the broader crypto market faces fluctuations and regulatory challenges, select altcoins are showing bullish momentum. 
Highlighted Crypto News Today:&nbsp; 
<a href="https://thenewscrypto.com/dormant-pepe-whale-activity-sparks-attention-amid-price-decline/" target="_blank" rel="noreferrer noopener">Dormant PEPE Whale Activity Sparks Attention Amid Price Decline</a>

Toncoin and Cardano Lead Gains Amid Crypto Market Slump

Table of Contents

TheNewsCrypto

Other articles published on Jul 3, 2024

Tapswap Delays Token Launch And Airdrop To The Third Quarter

TapSwap token launch, airdrop delayed to Q3 2024: What’s going on?

Anyone Integrates peaq Data Streams Using Synternet to Power Privacy Applications (3 Jul)

UK Young Voters Concerned About Crypto’s Future in Election

Bitcoin Faces Market Volatility and Expert Analysis

What Will be My Portfolio if PENDLE Price Hits 40?

Join our free newsletter for daily crypto updates!