Deutsch 한국어 日本語中文 Español Français Հայերեն Nederlands Русский Italiano Português Türkçe

Monthly Market Review: CORE, NEO, PENDLE, ENA, TON

14d ago•

bullish:

bearish:

April has been quite an eventful month in the crypto space, as evidenced by the events over the period. From the Bitcoin halving event to Doge Day, many crypto coins saw massive price movements in reaction to the events.

Core DAO Price Review

Core DAO (CORE) emerged as this month’s top gainer, evidenced by its impressive performance over the past 30 days. The Core DAO price has recorded an incredible 100% surge over the period, holding a spot price of $2.26 as of press time.

Core DAO’s pump over the month can be attributed to recent partnerships by the community, which has since seen more enthusiasm for the token. Just recently, Full Force launched its launchpad on CORE DAO to introduce an Engage to Invest Launchpad to the Core community. This adds to the long list of activities by the token’s community this month.

Full Force is now officially a @Coredao_Org Launchpad!

We're excited to launch on the Core blockchain, introducing our first-of-its-kind Engage to Invest Launchpad to the Core community.

Interested in accessing premier Core DAO launches?

Sign up at https://t.co/FIV6Sjs5TC… pic.twitter.com/OHNTBCefgD
— Full Force (@Fullforce_io) April 25, 2024

Neo Price Review

Neo (NEO) is also another top gainer for April. The token stole the spotlight several times this past month, having capped impressive runs. The Neo price has recorded a notable 10.04% surge over the period, holding a spot price of $18.16 as of press time.

NEO’s impressive run over the month can be attributed to its testnet launch among other announcements made over the period. On April 22, Neo and Beta launched their TestNet with features including consensus node election & reward distribution for governance. It also featured a Bridge from Neo X to Neo N3.

Pendle Price Review

Pendle (PENDLE) is another top gainer this month, having also managed an impressive run over the past 30 days. The Pendle price has recorded a notable 29.01% surge over the period, holding a spot price of $5.55 as of press time.

Pendle’s surge over the period can be attributed to its new sUSDe pool (25 July 2024 maturity) with 20x Sats/day plus USDe staking yield. LPs in the soon-to-mature sUSDe pool can roll over their yield streak to earn more Sats at an even higher rate. This development has since seen increased attention on the token.

Ethena Price Review

Ethena (ENA) is another top gainer this month, evidenced by its impressive performance over the period. The Ethena price has recorded a notable 22.6% surge over the period, holding a spot price of $0.8552 as of press time.

Ethena’s pump over the period can be attributed to recent token listings on significant exchanges, which have stirred enthusiasm in its community. On April 25, the token announced a listing on Coinbase.

Toncoin Price Review

Toncoin (TON) has also made it among the month’s top gainers amid several impressive runs in the last few days. The Toncoin price has recorded a notable 5.4% surge over the period, holding a spot price of $5.44 as of press time.

Toncoin’s surge over the month can be attributed to a recent partnership by the community. On April 26, the TON community announced they had partnered with KuCoin to launch the Community Incentives which included learning and earning opportunities and trading competitions campaign to celebrate $USDt’s launch on TON.