The past three trading days were dominated by red candles, and today only 13% of tokens are in the green zone. Among these tokens, Huobi Coin became the biggest winner, with an increase of 20.22% in the past 24 hours. On the contrary, Dogwifhat became the biggest loser today, recording a significant loss of 16.62% in the same period.
Today's Biggest Crypto Gainers - Ranking
From a broader perspective, Dogwifhat has had an outstanding year, gaining 62,50%. Meanwhile, crypto prices are recovering as Bitcoin gained 5%, adding momentum to Bitcoin’s closing week.
1. Conflux (CFX)
CFX tokens rose by more than 13% after entering into a strategic partnership with Asian venture studio BlockBooster. This partnership aims to leverage Web3 incubation opportunities within the Conflux ecosystem, with a primary focus on organizing major events for Conflux Builders. In addition, this partnership is also in line with Conflux’s overall goal of developing a versatile and user-friendly blockchain platform.
In addition, in the past trading, the price of Conflux increased by 7.23% to $0.241396. At the same time, the trading volume increased by 74% to $371.58 million. This green candle trading pushed Conflux to become the biggest cryptocurrency winner today.
A deeper analysis of the 24-hour Conflux/USD chart shows that the Conflux market is showing a bullish trend. The Awesome Oscillator, an indicator used to measure trends, is turning around from the negative zone. As a result, it is heading towards the zero line with a green histogram, indicating that the bearish sentiment on Conflux is weakening. Moreover, the Relative Strength Index (RSI) is trending upwards, indicating an upward momentum in the price of Conflux.
2. ORDI (ORDI)
ORDI has risen to become one of the biggest cryptocurrency gainers in today's trading, driven by a strong growth trajectory. According to Coinmarketcap, ORDI is valued at $56.03 with an intraday gain of 0.66%. This gain is strongly supported by a 24-hour trading volume of $715.01 million and a market share of 0.20%.
Additionally, analysts point to ORDI’s bullish outlook, especially in light of the upcoming Bitcoin halving event, which has historically sparked a bullish trend in the market. ORDI is considered a prime candidate to ride on this wave, becoming a lucrative investment opportunity.
Given these developments, investing in ORDI in the current market environment can provide investors with a path to potentially significant returns. Therefore, investors are actively keeping an eye on the coin to avoid missing out on the upcoming rally.
3. Huobi Coin (HT)
Huobi coin became the biggest cryptocurrency winner today at $2.89 per coin, with a strong intraday gain of 15.12%. In addition, HT's trading volume was $116 million and its market share was 0.03%, showing strong momentum.
Over the past month, HT’s price has increased by 11.16%. Moreover, it is trading above the 200-day simple moving average, indicating a steady and sustained growth.
Investor sentiment towards HT remains bullish, as reflected by the Greed Index at 55. Likewise, HT has had 15 green trading days in the past 30 days, highlighting the ongoing positive trading trend.
Furthermore, based on Huobi Coin’s market cap, its liquidity is high and it is available for trading on the Binance exchange. Furthermore, it is trading close to cycle highs, demonstrating its resilience and potential for further growth.
4. Celestia (TIA)
Today, Celestia is in a strong uptrend, suggesting a possible breakout above $30 on the OSMO platform. This growth comes after a run from $12 to $18 in the first two weeks of January. Despite a 20% drop from its highs, Celestia has shown impressive resilience, finding solid support at $16. Additionally, its trading volume has been steadily increasing by 20% per day, making Celestia stand out among cryptocurrencies.
According to Celestia’s roadmap, it could reach a record high of $25 by the end of January. Therefore, analysts are actively considering TIA as one of the top coins to invest in Q1 2024. Likewise, experts predict that Celestia’s price could reach $35 by the end of the year. This solidifies TIA’s position as a leading cryptocurrency with huge growth potential.
It is worth noting that Celestia is trading above its 200-day simple moving average on Binance. In addition, the circulating supply of TIA is 266.78 million. Based on the annual supply inflation rate of 65.22%, 105.31 million TIA tokens were created last year.
5. Toncoin (TON)
Toncoin has shown strong resilience over the past 24 hours, with a price increase of 2.07% pushing its value to $2.12. Trading volume reached $1.175 billion, with a market cap of $7.33 billion, showing continued investor interest.
Despite this positive momentum, the overall sentiment of Toncoin remains bearish, with the Fear & Greed Index at a neutral 54. Furthermore, its circulating supply currently stands at 346 million, with a total of 500 million TONs, and an annual supply inflation rate of 183.08%.
Furthermore, Toncoin is ranked 6th among Proof of Stake coins and 10th in the Layer 1 panel, confirming its market presence. Moreover, it is trading above its 200-day moving average on KuCoin.
6. Storj (STORJ)
Storj entered the biggest cryptocurrency gainer today, rebounding from about $0.6 and now targeting $1. As a prominent gaming project, it caught the attention of investors after becoming the biggest gainer.
Currently, Storj’s price is $0.689506, with a trading volume of $291.26 million and a market capitalization of $276.88 million, showing its expanding market share. Despite a rise of 10.96% in the past 24 hours, Storj’s market share is still 0.02%, indicating its potential for further growth.
Over the past year, Storj has shown strong price growth of 78%, outperforming other top crypto assets which have 72%. Furthermore, it continues to trade above its 200-day moving average, indicating strong liquidity based on its market cap. Furthermore, Storj’s price prediction is bullish, with a Greed Index of 55, indicating active trading.
7. Sponge V2 ($SPONGE V2)
Cryptocurrency enthusiasts and investors have reason to take notice as Sponge has launched the much-anticipated Sponge V2. It is a significant leap forward from its predecessor. Moreover, Sponge V2 incorporates the latest advancements and captures the emerging bullish trend that has made it one of the biggest cryptocurrency gainers recently.
Sponge V2 builds on the solid foundation laid by Sponge V1. By introducing significant improvements, it promises to take the Sponge ecosystem to new heights.
A key development in Sponge V2 is the integration of the Play to Earn (P2E) feature. This move is in line with the trend of incentivizing users to participate in the blockchain ecosystem. This strategic addition enhances user engagement and opens up new ways to make money within the Sponge ecosystem.
In addition, a pre-sale event is ongoing to facilitate the transition to Sponge V2 and promote community engagement, offer exclusive rewards, and implement an automatic staking system. This proactive approach aims to retain existing community members and attract new participants who are eager to explore Sponge's innovative products.
Sponge’s growth trajectory has been impressive, starting with an initial valuation of $1 million.
Sponge V2
It reached a peak market cap of over $100 million in 2023 and then stabilized at $16 million.
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Today's Top 10 Cryptocurrency Gainers
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