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front pageToday's NewsThe biggest cryptocurrencies gainers today: Pendle, Celestia, Chainlink, Optimism

The biggest cryptocurrencies gainers today: Pendle, Celestia, Chainlink, Optimism

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Recent observations of the cryptocurrency market show mixed trends, with about 18% of digital currencies showing a positive trend. Among the biggest cryptocurrency gainers today, Marlin stands out, having grown by 20.61% in the past 24 hours. However, Render Token has experienced a period of decline, falling by 8.85% in the past same period, becoming the biggest loser.

Biggest Crypto Gainers – Ranking List

Additionally, Dogwifhat has performed exceptionally well over the past year, posting a staggering 4600.39% gain. Meanwhile, Liechtenstein Cryptoassets has been a star so far in 2022, surging 170.06%. Meanwhile, debate is still raging over the optimal Bitcoin allocation in a diversified portfolio following the launch of the new spot BTC ETF in January.

1. Pendle (PENDLE)

Investors are keeping a close eye on PENDLE as cryptocurrency gainers rise today. Pendle’s rise is supported by investors’ predictions of the Greed Index, which shows 60 (greed). Meanwhile, Pendle’s current price is $3.12, having gained 11.10% in the past 24 hours. Likewise, its market cap increased by 10.95% to $7,442,438, ranking 85th.

Furthermore, Pendle has gained attention through its innovative AMM that supports assets with time decay. Therefore, this provides users with greater control over future returns. In addition, Pendle's year-to-date price has soared by 38,70%, surpassing the 99% of the top 100 coins including Bitcoin and Ethereum.

2. Celestia (TIA)

Recent market dynamics clearly show a bullish trend for TIA, with the coin showing strength at the $17 support level. Therefore, analysts predict that TIA could surge to $30 once Bitcoin’s market behavior turns positive.

Furthermore, TIA price has experienced a bullish run on the back of positive sentiment, breaking above $16 and continuing to attract buyers over the past 24 hours, pushing the price to $18.1, an increase of 2.2% from yesterday. However, the market needs to be closely monitored as there is expected selling pressure around $20, which could lead to a decline. If the price sustains above $20, it may positively signal continued buying momentum. However, if the price breaks below the ascending support line, it may push the relative strength index (RSI) to the oversold zone, further increasing selling pressure.

3. Chainlink (LINK)

Chainlink’s native token LINK has entered the list of today’s top cryptocurrency gainers, indicating the potential for price increases. As a result, analysts believe that LINK is poised to rise and target well above the current trading price.

Turning to the analysis, experts highlight that LINK has recently entered a breakout zone. Along this line, this suggests a possible rise to $47.15, marking a significant 153% growth. Furthermore, LINK managed to close last week at the critical $16.54 level, which suggests a further rise to $29 is possible.

4. Optimism (OP)

Optimism has made remarkable progress ahead of the Bitcoin halving in 2024, making it the largest cryptocurrency gainer today. Recent news shows that Optimism has partnered with Orderly Network to enhance its functionality and attract more users. Despite the decline in its transaction value from $4.20 to $3.16, OP remains an important player in the Ethereum ecosystem. Against this backdrop, it is expected to attract more players and funds.

In addition, PO’s integration with Orderly Network triggered an 800% increase in the number of addresses, indicating that interest in the platform is growing. In addition, Optimism’s market capitalization is $29,249,576,626, demonstrating strong market performance.

5. Blur (BLUR)

Blur (BLUR) is rapidly gaining momentum in the cryptocurrency space due to its innovative Ethereum NFT trading platform. The platform’s decentralized approach features multiple features, including one-click acquisition, real-time price updates, and easily accessible portfolio management tools.

Following a major airdrop by the NFT community and the introduction of instant royalty access and token-based rewards for creators, Blur (BLUR) has quickly attracted a vibrant and dedicated user base. This surge in activity has made Blur (BLUR) a formidable competitor in the expanding NFT market with a promising future.

Blur (BLUR) is priced at $0.589758 and has gained 3.18% in the past 24 hours. Moreover, it is trading above its 200-day moving average. Blur (BLUR) has high liquidity in terms of market capitalization and market share, with a market share of 0.01%, which has attracted the attention of investors.

6. Sponge V2 ($SPONGE V2)

The Sponge project will add a new member to the cryptocurrency space, Sponge V2, introducing a unique staking earning method through ERC-20 tokens on the Ethereum network. This innovative approach combines Sponge VI with V2, providing users with unprecedented token transition and utility enhancement opportunities.

What is staking? Staking is when a user locks tokens in a smart contract for a period of time to earn additional tokens. With Sponge V2, users actively stake $SPONGE to earn $SPONGEV2. Therefore, this marks a significant shift from its previous model.

The key features of Sponge V2 include staking rewards, where users actively stake $SPONGE to reserve an equal amount of $SPONGEV2. In addition, the staked $SPONGE tokens will be subject to a permanent VI lock. Therefore, it emphasizes the future-proofing of the project by phasing out VI tokens after the release of V2.

In addition, the utility of $SPONGE V2 is not limited to staking rewards, but also introduces a customized game (Play-to-Earn, P2E) in the Sponge ecosystem. This game allows users to earn $SPONGEV2 tokens by participating and ranking.

In addition, the Sponge team aims to cater to different audiences by offering free and paid versions of P2E games. The free version provides casual entertainment, while the paid version allows users to actively use $SPONGEV2 tokens to purchase game credits, enhancing their earning potential in the game.

Visit Sponge V2

7. Manta Network (MANTA)

The recent market correction has pushed MANTA towards the solid $2.70 support level, suggesting that an up move could soon follow. Analyzing the volume and relative strength index (RSI) indicators shows a promising outlook, with MANTA having the potential to reach $5. Currently, MANTA is trading at $2.83, having gained 3.36% in the past 24 hours.

Furthermore, the token has performed positively compared to its initial sale price, trading close to its cycle high of $2.84. In addition, MANTA has strong liquidity based on its market capitalization, providing an attractive opportunity for cryptocurrency enthusiasts.

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Top 10 Crypto Gainers
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