Crypto bounce sees Waves, Internet Computer gain 80%–110% on rebound
Price rebounds following the recent market crash exceeded 100% as the market was subject to a volatile bounce. The ripples created by the cryptocurrency market crash, which saw $1.1 trillion evacuate the global market capitalization in a matter of days, continued to reverberate on Thursday as a majority of coins experienced notable rebounds.
After losing 64% of its value since May 12, when it fell from $40.50 to $14.43, the multipurpose blockchain project Waves experienced a 95% bounce for its native WAVES token earlier on Thursday. WAVES' price climbed to $28.09 shortly prior to publication, in effect paring the coin’s weekly losses to just over 25% for the time being.
Internet Computer, a recent entrant to the top 10 by market capitalization, also saw a strong bounce with its native ICP token. ICP's price soared to over $600 just after it commenced trading on May 10. By Wednesday, the coin's price had fallen to $100 — a loss of 81%.
But by Thursday, ICP had rebounded to the tune of 117%, climbing to a price of $217. The coin’s daily trading volume rose to its highest value to date, with over $1.6 billion worth of ICP changing hands on the day. Bounces like these are not unexpected during tumultuous times in the cryptocurrency market, and many day traders rejoice in the opportunities afforded them by such attractive, yet dangerous, volatility.
Bitcoin’s (BTC) bounce was less pronounced, but it still managed to gain close to 30% on its then value of $31,000 as it climbed back to over $40,000. The price of recent gainer Dogecoin (DOGE) sank 67% over the course of the previous seven days, dropping to the $0.23 range after peaking at $0.73 just days earlier. Dogecoin’s 78% rebound from $0.23 to $0.420 was notable on Thursday, as it saw the coin price return to a humorous peak previously set by traders on April 20, or 4/20 day.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 63.6% | 72 | $94 946.35 | -1.99% | -3.49% | $1 879 016 687 741 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 72% | 59 | $3 575.36 | -2.95% | 2.11% | $430 624 929 405 |  |
|
| 3 |  USDT |
Tether predictions | 94.4% | 1 | $1.000262 | -0.03% | -0.05% | $134 157 311 196 |  |
|
| 4 |  XRP |
XRP predictions | 57.2% | 88 | $2.25 | 16.57% | 50.45% | $128 289 215 796 |  |
|
| 5 |  SOL |
Solana predictions | 66.4% | 74 | $223.27 | -5.51% | -12.09% | $106 085 511 812 |  |
|
| 6 |  BNB |
Binance Coin predictions | 80% | 32 | $631.81 | -3.91% | -5.46% | $90 986 391 967 |  |
|
| 7 |  DOGE |
Dogecoin predictions | 54.8% | 93 | $0.405291 | -4.20% | -5.89% | $59 590 838 072 |  |
|
| 8 |  USDC |
USD Coin predictions | 91.2% | 1 | $1.000189 | 0.02% | 0.03% | $39 974 395 797 |  |
|
| 9 |  ADA |
Cardano predictions | 59.6% | 84 | $1.064892 | -0.46% | 0.23% | $37 362 685 623 |  |
|
| 10 |  AVAX |
Avalanche predictions | 66.4% | 69 | $45.61 | 3.47% | -0.72% | $18 667 651 203 |  |
|
| 11 |  TRX |
TRON predictions | 62.8% | 80 | $0.204134 | -2.14% | -3.32% | $17 617 491 272 |  |
|
| 12 |  SHIB |
SHIBA INU predictions | 57.2% | 94 | $0.000028 | -5.47% | 7.80% | $16 741 735 529 |  |
|
| 13 |  TON |
Toncoin predictions | 70.4% | 62 | $6.38 | -5.38% | 1.76% | $16 248 957 424 |  |
|
| 14 |  XLM |
Stellar predictions | 57.6% | 89 | $0.504331 | -0.88% | -4.26% | $15 167 763 632 |  |
|
| 15 |  DOT |
Polkadot predictions | 58% | 84 | $8.50 | -6.02% | -5.92% | $12 953 160 129 |  |
