Three mid-cap and micro-cap cryptocurrency tokens posted significant gains during trading sessions this week as market volatility drove activity toward higher-risk digital assets, according to market data.
Summary
- Basic Attention Token jumped over 19% in 24 hours following Brave Browser’s announcement of 101 million monthly active users, with on-chain transfers up 72% and trading volume more than doubling.
- Turbo rose 57% in a single session after breaking a two-month downtrend, fueled by high social media buzz and a technical breakout, showing strong correlation with Bitcoin price action.
- Nubila, a decentralized infrastructure project, posted the largest percentage gain thanks to new exchange listings and Binance Alpha airdrop distributions, boosting liquidity and investor interest.
Basic Attention Token, Turbo, and Nubila Network recorded notable price increases, supported by user growth announcements, sector momentum, and exchange listings, respectively.
Basic Attention Token
BAT climbed more than 19% in 24 hours, extending a multi-day rally. The increase followed an announcement from Brave Browser stating the platform surpassed 101 million monthly active users and 42 million daily users. On-chain data showed transfers rising 72%, according to blockchain analytics.
The token moved above a technical resistance level, with the Relative Strength Index near 74. Trading volume increased more than 200%, partially attributed to a Biconomy trading contest, according to exchange data.
Turbo
Turbo rose 57% in one session after breaking a two-month downtrend. Volume data indicated a sudden spike that coincided with the price moving above a key technical level.
The token’s RSI reached approximately 74, while social media activity related to the token increased, according to sentiment tracking platforms.
Historical data shows Turbo maintains a correlation of around 0.87 with Bitcoin, according to market analysis.
Nubila
Nubila Network, a micro-cap decentralized physical infrastructure network project, recorded the most significant percentage gain among the three tokens. The token began trading on several exchanges between November 3 and November 5, creating increased liquidity access.
The project focuses on decentralized environmental data sourced through sensor networks for decentralized finance and artificial intelligence applications. Volume increased following Binance Alpha airdrop distributions, according to trading data.
The price movements reflect broader patterns of capital rotation into higher-volatility assets during periods of cryptocurrency market fluctuation. Technical indicators suggest varying levels of momentum sustainability across the three tokens, with RSI readings indicating potential for consolidation periods ahead.
Source link