The cryptocurrency price rose by 24%, maintaining yesterday's market performance. The leading gainer was Space ID, which rose by as much as 17.94%. In contrast, Huobi Token was the biggest loser today, falling by 16.21% during the same period.
Today’s Biggest Crypto Gainers – Top 5 List
Pendle has been a star performer over the past year, gaining an astonishing 3205.81%. Meanwhile, Bitcoin Minetrix has raised more than $10 million in funding in just a few months. Likewise, the price of Bitcoin has surpassed $45,000, reaching its highest level since the launch of the peer-to-peer exchange-traded fund (ETF).
1. Tribe (TRIBE)
Tribe emerged as the top cryptocurrency gainer today, with a gain of 39.07% to $0.460051. The gain has caught the attention of investors who are keen to add to their cryptocurrency collections as its price is close to all-time highs. Moreover, Tribe’s neutral price prediction suggests that holders are optimistic about the bullish outlook. Moreover, the Fear and Greed Index is at 72, showing that the market activity is quite active.
Furthermore, Tribe’s market cap now stands at $203 million, up 22.50%. Likewise, there has been a significant increase in intraday trading volume, up 9.98% to $578,244. Furthermore, Tribe’s price remains well above its cycle low, up 218.61%.
On a year-to-date basis, Tribe has shown impressive growth with a price increase of 78%. Notably, this growth exceeds the 72% of the top 100 coins. Furthermore, it is currently trading above the 200-day simple moving average, indicating a positive trend.
2. Bitcoin SV (BSV)
BSV emphasizes its scalability and readiness for blockchain application development. As a result, it becomes an attractive option for developers seeking a platform that will grow along with user adoption. Developers can build on BSV because it guarantees low transaction fees and fast processing.
Currently, BSV is priced at $77.86, having gained 5.17% in the past 24 hours, reflecting positive investor sentiment. With a market share of 0.09%, BSV continues to gain ground in the cryptocurrency market. Moreover, its yearly price gain is 86%, showing steady growth.
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3. Beam (BEAM)
The integration of the Immutable zkEVM testnet and mainnet for the Beam platform is a major milestone. As a result, Sphere becomes the first marketplace to achieve this feat. As a result, every collectible released on the Immutable zkEVM mainnet or testnet is now accessible on the Sphere platform.
As expected, the integration triggered a surge in activity, pushing up Beam’s price by 12.711 TP3T to $0.020127. Additionally, trading volume grew significantly, surging by 147.171 TP3T to $34,148,988, placing Beam at 129th place on the rankings.
Moreover, Beam is developing strong partnerships and a solid community support. Therefore, Beam shows the potential for future growth. Analysts expect the price of BEAM token to exceed $0.701 to become the top cryptocurrency gainer today.
4. eCash (XEC)
eCash’s progress last month was a major catalyst for it to become the top cryptocurrency gainer today. Last month, eCash’s Cashtab wallet received a major upgrade, specifically a QR code scanning feature optimized for iOS devices on non-Safari browsers. This means faster scanning times, a welcome improvement for users.
It is worth noting that eCash has maintained its momentum this month, with a price of $0.00003446. In the past 24 hours, the price of XEC has increased by 5.79%, indicating that investors hold positive sentiment. In addition, the Fear/Greed Index is currently at 72, indicating that the market is slightly tilted towards greed.
Furthermore, eCash has been trading above the 200-day simple moving average with 17/30 green candles, showing a positive trend in price increases. This represents 57% during the observation period. With indicators pointing towards oversold conditions, prices are likely to rise in the short term, providing investors with an opportunity to consider the option.
5. Flow (FLOW)
The Flow network has seen a significant increase in transaction volume, reaching a staggering 509.4 million transactions. Compared to last week, the volume has increased by more than 42.96%. This suggests that there may be an increase in adoption or interest after two weeks of reduced activity or recent announcements.
This massive growth translated into a significant increase in the number of transactions, with weekly transactions rising from 2 million to nearly 2.2 million. This shows continued activity within the Flow network and a significant increase in transaction volume.
In addition, Flow has more than 4.2 million transactions, with 138,000 active users and more than 3,000 new accounts. Today, the price of Flow soared to $0.802687, with an increase of 7.54%. In addition, Flow has had 18 trading days of gains in the past 30 days, accounting for 60% of all trading days. At the same time, the price of Flow has been trading above the 200-day simple moving average.
Likewise, this positive performance extends to its token sale price, with Flow demonstrating a market share of 0.07%. These metrics highlight Flow’s resilience and growth potential within the cryptocurrency market.
6. Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix is redefining key roles in cloud mining practices. With a focus on transparency, user autonomy, and token security, Bitcoin Minetrix aims to lead the way in tokenized cloud mining.
Impressively, the Bitcoin Minetrix presale got off to a strong start. In just a few months, it has already raised over $10 million, catching the attention of investors who recognize its potential.
In addition, Bitcoin Minetrix’s unique approach to mining has attracted the interest of investors who want to participate in promising crypto assets early. However, due to the limited supply during the pre-sale phase, many people may miss out.
With a soft cap of over $15 million set over 39 phases, investors are incentivized to act quickly, especially with only one day left in pre-sale phase 24. During the current phase, investors can purchase 1 BTCMTX for $0.0133, providing an acceptable entry point for potential holders.
7. THORChain (RUNE)
THORChain is a newcomer in the decentralized asset exchange space, designed to simplify value transfer in the DeFi world. Its features, including unique one-way state anchoring and cross-chain asset exchange, are eye-catching.
In addition, THORChain's ecosystem is thriving, with a total locked value of more than $280 million and the value of its native token RUNE reaching $1.5 billion. Today, the price of RUNE reached $5.29, an increase of 14.57%. In addition, RUNE has grown by 187% in the past year.
This puts it above the 88% of the top 100 tokens including Bitcoin and Ethereum. In addition, THORChain has been trading above the 200-day simple moving average and performing well relative to its token sale price. It has had 16 positive trading days in the past 30 days, showing positive investor sentiment.
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Today's Top 10 Cryptocurrency Gainers
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