XVG, EOS, ONT: These 3 Cryptos Are Leading the Market Recovery

The crypto market is finally showing signs of life after a painful first quarter.

The total value of all cryptocurrencies, also known as total market capitalization, jumped above $300 billion on Thursday and was last seen at $325 billion, the highest level since March 26, according to CoinMarketCap.

The total market capitalization has jumped 31 percent in the week ended Friday.

The much-needed relief rally in the broad crypto markets could be associated with bitcoin's 21 percent weekly gain.

A look at the performance of the top 25 cryptocurrencies by market capitalization reveals that verge's XVG token has outperformed its peers.

Note that the sell-off could be sharp if the announcement fails to meet heightened market expectations.

All-time high: $18.71.Closing price on April 6: $5.89.Current market price: $9.17.Rank as per market capitalization: 5.

The developers recently announced an eosDAC airdrop to the EOS token holders and the lure of making free money via airdrop seems to have put a bid under the token.

All-time high: $4.77.Closing price on April 6: $3.06.Current market price: $4.68.Rank as per market capitalization: 22.

Ontology's ONT token has made it to the list of top 25 cryptocurrencies by market capitalization in just four weeks from inception.