{"id":18258,"date":"2024-12-30T12:46:17","date_gmt":"2024-12-30T12:46:17","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2024\/12\/30\/nft-tokens-gainers-of-the-week-23-dec-29-dec\/"},"modified":"2024-12-30T12:46:17","modified_gmt":"2024-12-30T12:46:17","slug":"nft-tokens-gainers-of-the-week-23-dec-29-dec","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2024\/12\/30\/nft-tokens-gainers-of-the-week-23-dec-29-dec\/","title":{"rendered":"NFT\/Tokens Gainers of the Week (23 Dec \u2013 29 Dec)"},"content":{"rendered":"

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This was an interesting week for NFTs and crypto, with some lesser-known names popping up alongside recent heavyweights. NFTs and tokens both saw incredible growth in raw market caps, unusually defiant for such volatile markets. The Pudgy ecosystem stole the spotlight in NFTs, with Pudgy Rods catapulting 74.5%. Meanwhile, among the tokens, Phala Network delivered an astonishing 264.15% surge.<\/span><\/p>\n

These leaps occurred amid year-end trading dynamics that often amplify sudden rallies, particularly in the face of fresh news, exchange listings, or community events that generate hype. As we approach a new calendar year, speculators wonder whether these gains foreshadow sustained momentum or if profit-taking will temper excitement. In our weekly recap, we\u2019ll take a look at what drove these notable performances.<\/span><\/p>\n

Biggest NFT Gainers<\/strong><\/h2>\n

This week\u2019s NFT <\/span>data comes from CoinGecko<\/span><\/a> and highlights the projects whose market caps rose significantly this week. A trio of collections under the Pudgy umbrella leads the pack, reflecting strong brand synergy and robust community interest. Read on for a quick look at each standout.<\/span><\/p>\n

Pudgy Penguins<\/strong><\/h3>\n

This week, the Pudgy Penguins brand once again proved its resilience and broad appeal among collectors. Despite already holding a strong position in the NFT market, the original Penguins collection achieved a healthy +32% growth in market cap. Observers credit consistent community engagement and ongoing brand expansions\u2014such as real-world merchandise partnerships\u2014for fueling renewed interest.<\/span><\/p>\n

<\/p>\n

Source: CoinGecko<\/p>\n<\/div>\n

Lil Pudgys<\/strong><\/h3>\n

Lil Pudgys, an offshoot collection featuring smaller, cuter versions of the signature birds, climbed +29.4%. The relative affordability of Lil Pudgys compared to their parent collection continues to draw newcomers seeking exposure to the Pudgy ecosystem without the steep entry costs. Their recent boost in sales volume also suggests a strong pipeline of new buyers intrigued by Pudgy collectibles\u2019 potential future developments.<\/span><\/p>\n

\"Lil<\/p>\n

Source: CoinGecko<\/p>\n<\/div>\n

Pudgy Rods<\/strong><\/h3>\n

The biggest NFT success story this week, by far, is perhaps the least-known of the Pudgy ecosystem, Pudgy Rods. The market cap on this collection shot up a staggering +74.5% in just seven days. Originally overlooked by some mainstream NFT watchers, the Rods have now captured attention as holders anticipate broader tie-ins with the Pudgy brand. Some speculate that these Rods could unlock future in-collection utilities or special events, making them prime targets for speculators. While it remains to be seen how far this momentum can carry, the Pudgy ecosystem\u2019s triple gains this week suggest that dedicated fans and strategic brand moves continue to bolster its position at the forefront of the NFT scene.<\/span><\/p>\n

\"Pudgy<\/p>\n

Source: CoinGecko<\/p>\n<\/div>\n

Biggest Crypto Gainers<\/strong><\/h2>\n

For token performance, we turned to <\/span>data from CryptoSlate<\/span><\/a> to pinpoint the top three gainers over the same period. These crypto assets posted notable percentage increases, thanks to a mix of utility, announcements, and favorable market sentiment. Check out the quick summaries below to see what drove their growth.<\/span><\/p>\n

Phala Network ($PHA)<\/strong><\/h3>\n

Phala Network made the most dramatic statement, soaring an astonishing +264.15% in market cap over the past week. PHA\u2019s privacy-focused, blockchain-based cloud computing services appear to have caught the market\u2019s eye as more organizations look for ways to secure sensitive data on decentralized platforms. Rumors of upcoming partnerships and exchange listings likely helped fuel this massive rally.<\/span><\/p>\n

\"Source:<\/p>\n

Source: CryptoSlate<\/p>\n<\/div>\n

Bitget Token ($BGB)<\/strong><\/h3>\n

Bitget Token took second place with a notable +90.97% jump. BGB has become increasingly popular among active traders, aided by Bitget Exchange\u2019s growing user base and promotional campaigns aimed at expanding its ecosystem. News around potential product updates and improved trading incentives may have triggered fresh investor demand.<\/span><\/p>\n

\"Bitget<\/p>\n

Source: CryptoSlate<\/p>\n<\/div>\n

GMT ($GMT)<\/span><\/h3>\n

Rounding out the list is GMT, up +38.56%. While not as eye-popping as the gains from Phala Network or BGB, GMT\u2019s performance stands out in a market that has otherwise seen pockets of consolidation. Some credit GMT\u2019s steady climb to its unique method of earning crypto through physical activity, as well as expansions in staking rewards, and newly released utility features that keep current holders and new users engaged.\u00a0<\/span><\/p>\n

\"GMT<\/p>\n

Source: CryptoSlate<\/p>\n<\/div>\n

A Closer Look at the Big Picture<\/strong><\/h2>\n

The final week of December often sees shifting liquidity and thinner trade volumes as investors lock in profits or realign portfolios ahead of the new year. Yet these lighter conditions can also set the stage for outsized price moves when fresh catalysts\u2014like partnerships, listings, or ecosystem launches\u2014catch the market off-guard. For the biggest gainers, momentum and community backing played vital roles, helping them stand out from other projects that largely traded sideways.<\/span><\/p>\n

Notably, we continue to see NFT ecosystems delivering multi-collection synergy, as shown by the rise of Pudgy Penguins, Lil Pudgys, and Pudgy Rods. This \u201ccollective brand effect\u201d often boosts engagement and speculation across multiple drops. On the token side, Phala Network\u2019s astronomical jump exemplifies how a specialized use case (privacy-focused cloud services) can quickly excite both retail and institutional buyers. Meanwhile, regulatory sentiment remains a wild card, with some analysts cautioning that sudden policy news could unsettle markets at any time.<\/span><\/p>\n

Wrapping Up<\/strong><\/h2>\n

From the Pudgy ecosystem\u2019s triple surge to Phala Network\u2019s remarkable rally, this week saw vibrant gains propelled by strong community interest and timely market catalysts. Whether these projects can maintain momentum into the new year hinges on continued utility growth, strategic partnerships, and investor sentiment. As the holiday season wraps up, both NFT and crypto traders should stay alert for sudden shifts in liquidity and regulatory developments that may reshape the market outlook once again.<\/span><\/p>\n

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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This was an interesting week for NFTs and crypto, with some lesser-known names popping up alongside recent heavyweights. NFTs and tokens both saw incredible growth in raw market caps, unusually defiant for such volatile markets. The Pudgy ecosystem stole the spotlight in NFTs, with Pudgy Rods catapulting 74.5%. Meanwhile, among the tokens, Phala Network delivered […]<\/p>\n","protected":false},"author":1,"featured_media":18259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2024\/12\/GAINER-OF-THE-WEEK-23.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/18258"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=18258"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/18258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/18259"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=18258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=18258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=18258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}