As bitcoin pumps these Altcoins are doing better.

According to CoinMarketCap, the value of the global crypto market is 2.29 trillion dollars, which showed an increase of 3.50% in the previous day. Excluding stablecoins, 96% of the Top 100 tokens are posting gains, with only LEO, Gnosis, Axelar, and Celestia remaining in the dark realm with losses of less than 1.2%.

Bitcoin is up more than 4% in the last 24 hours and above $61,800 at the time of writing, so the week will close in at least one day.

There are also 64 top coins posting better percentage gains than BTC: ORDI, TON and BONK are among the top performers, each of which has seen impressive price movements in the last 24 hours.

ORDI cryptocurrency, which operates in a standard protocol ecosystem based on blockchain technology, is the best-performing token among 100 in terms of last-day price increases. ORDI went from $35.50 to $41.60, a 17.55% gain in the last 24 hours. The coin is erasing last week's losses and is now down less than 2.5% over the past seven days.

Despite being a young coin, ORDI is having an amazing time. The short term trend is bearish, EMA55 is above EMA10. This is considered leverage because traders need to hold the coin for a longer period of time to be profitable. It also shows a strong ADX of 26 points.

Today's rise is keeping the price above the EMA 55, however, this could reduce the breach between the two EMAs and trigger a bullish breakout in the next few days.

Interestingly, ORDI may test new resistance near $53 for an additional 30% recovery. However, if the market trend continues, it could dive to the 38% test support around $25.50.

The second best token in the Top 100 is Toncoin (Ton), a native Telegram project of The Open Network that was started by Telegram and transferred to the open source community after a legal battle with the SEC. The ton is up 9.76% in the last 24 hours, from $5 to $5.52. Ton erased last week's losses, recording a weekly gain of 3.2%—9.2% over the past 30 days.

In terms of fundamentals, there is some hype surrounding TON after crypto VC firm Pantera Capital, which has over $5 billion in assets, announced an investment in the TON blockchain. Pantera did not disclose the amount of money they spent on the development of the TON network, but did not mince words praising the blockchain and its potential.

“Since Ton is widely used in the Telegram network, we believe it has the potential to introduce crypto to the masses,” Pantera Capital said in its official announcement yesterday.

The tone seems a bit stronger than the ORDI, hinting at a calmer swagger. The price broke through the EMA10 resistance, proving to be bullish at least in the short term. The RSI at 50 points indicates a balance of power, and the Compressive Momentum indicator is pointing to the end of a bearish trend and the beginning of a bullish push. The coin is currently testing weak resistance and the operating margin is low.

A shock would put the ton in a zone near $6 with a 12% spike.

Another interestingly performing coin is BONK, a Solana-based meme coin that has gained popularity in the recent crypto bull run. The coin is up 9.75% in the last 24 hours, from $0.00002467 to $0.00002716. It also erased last week's losses, rising 3.3% over the past 7 days and 16.9% over the past 30 days.

Bonk is currently trading sideways and has been since mid-March. The coin has been hovering unusually between $0.00002950 and $0.00001940 in mid-April. ADX is basically weak due to price behavior without any trend. However, the Compressive Momentum Indicator indicates bullish pressure that could turn into a persistent bullish trend.

Bullish and bearish conditions are marked by horizontal channel support and resistance. An optimistic performance takes the coin up 9% to $0.00002950, ​​and a pessimistic performance drops the coin 25% to $0.00001940.

Edited by Ryan Ozawa.