Over the past few days, DeSci digital currencies have been attracting considerable attention, emerging as a popular subject following the trend of memecoins.
This innovative crypto sector has experienced a notable uptick in trading volume, garnering interest from various investors.
One standout performer in this realm is Aimedis [AIMX], which has spearheaded the movement by registering an impressive 200% surge in value over a 24-hour period.
Surge in DeSci Crypto Market Cap and Trading Volume
Recent data from CoinGecko indicates that the market capitalization of DeSci cryptocurrencies has surged by over 47% within a day, reaching close to $1.3 billion.
Concurrently, trading volume has witnessed a significant spike, escalating to approximately $464 million.
Among the top-performing tokens within this category, VitaDAO [VITA] has demonstrated remarkable growth over the past week, experiencing an increase of over 200%.
With a current trading value of around $5.20, VITA has achieved a market capitalization exceeding $3.8 million. Nevertheless, Aimedis has stood out as the most prominent performer in both short-term and weekly growth measurements.
AIMX Leads the Surge in DeSci Crypto
Aimedis has attracted attention by soaring 216% in price within the last 24 hours, climbing from $0.0017 to $0.005 at the time of this report. Its value has also surged by 417% over the past week, propelling its market capitalization to nearly $1.9 million.
Additionally, AIMX has experienced an unprecedented upsurge in trading activity, skyrocketing by over 7,100% in the previous day alone.
Currently, AIMX boasts a trading volume of approximately $687K, establishing itself as the most active and top-performing token in the DeSci crypto sector.
DeSci Crypto: The Future Trend Post Memecoins Era?
The recent uptrend in DeSci crypto metrics signifies that this sector is gaining heightened traction within the market.
While memecoins retain dominance with a market capitalization of about $125 billion and daily trading volumes nearing $32 billion, DeSci tokens are carving a niche for themselves with their distinct utilities.
If this positive momentum continues, DeSci tokens could witness sustained expansion, presenting investors with opportunities in a sector focused on tangible real-world applications rather than mere speculation.
As the buzz around DeSci intensifies, its potential to compete with other major crypto categories becomes increasingly apparent.