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The top crypto gainers today feature WEMIX, THORChain, Polymath, and NEO. These standout performers have potential investment opportunities for investors.
Bitcoin dominance experienced a -0.18% decrease in the past 24 hours, bringing it to its current level of 51.97%. This metric offers insights into Bitcoin’s relative influence compared to other cryptocurrencies in the market.
Biggest Crypto Gainers Today – Top List
Over the last 24 hours, the total trading volume within the cryptocurrency market has amounted to $226.62 billion. This figure represents a 12.85 % intraday decrease, signifying a notable decrease in trading activity during this time frame.
1. Ark (ARK)
Ark consolidated its recent bullish run by claiming the top spot among the top crypto gainers today. The coin is trading at $1.153860, with an intraday trading volume of $959.92 million and a market capitalization of $203.87 million. Ark commands a market dominance of 0.02%, experiencing a substantial 22.78% price increase over the last 24 hours.
The current sentiment surrounding Ark’s price prediction is bullish, and the Fear & Greed Index reflects a score of 68. Therefore indicating a sense of greed among market participants.
Welcome to November and to our newest Weekly Development Reporthttps://t.co/rY3pQfWJkX pic.twitter.com/UuTgEbCMUy
— ARK.io (@ArkEcosystem) November 3, 2023
Ark’s supply metrics show a circulating supply of 176.68 million ARK tokens out of a maximum supply of 161.28 million. Furthermore, the yearly supply inflation rate is 24.85%, resulting in the creation of 35.17 million ARK tokens over the past year. In the Proof-of-Stake Coins sector, Ark currently holds the 20th position based on market capitalization.
2. WEMIX (WEMIX)
WEMIX Token currently trades at $1.624428, and its 24-hour trading volume is $14.38 million. Moreover, a market cap of $523.94 million sees it command a market dominance of 0.04%. Over the last 24 hours, the token’s price has seen a notable increase of 21.61%.
Looking at its historical performance, WEMIX Token achieved its all-time high of $24.58 on November 21, 2021. However, its lowest price of $0.128398 was recorded on June 22, 2021. Furthermore, the sentiment regarding WEMIX Token’s price prediction is bullish. Likewise, the Fear & Greed Index is currently at 68 (Greed).
WEMIX Token has a circulating supply of 322.54 million out of a maximum supply of 1.02 billion WEMIX. Notably, there has been a significant annual supply inflation rate of 161.73%. Therefore, this resulted in the creation of 199.31 million WEMIX tokens over the past year.
Regarding market ranking, WEMIX Token holds the 5th position in the Gaming sector and the 4th position in the Metaverse sector. These rankings and intraday percentage are #2 among the top crypto gainers today.
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— WEMIX (@WemixNetwork) November 2, 2023
In addition, the token has shown an 11% price increase over the last year. Thus outperforming 65% of the top 100 cryptocurrencies. Additionally, it’s trading above its 200-day simple moving average.
3. Polymath (POLY)
Polymath is a worthy entrant into the list of top crypto gainers today, recording a 179% rise over the last 30 days. POLY’s value is $0.336449, signifying an intraday trading volume of $1.32 million and a market capitalization of $311.22 million.
Likewise, the coin has witnessed market dominance and price increases of 0.02% and 18.08%, respectively. Moreover, the current sentiment surrounding Polymath’s price prediction is bullish. Similarly, the Fear & Greed Index indicates a score of 68, suggesting a bias toward greed.
Polymath’s circulating supply is 925.00 million POLY out of a maximum supply of 1.00 billion POLY. As such, it is ranked #41 in the Ethereum (ERC20) Tokens sector based on its market capitalization.
Exciting news! Polymath is a proud sponsor at #CAASA Annual Conference 2023 in Montreal, Nov 7-8. And our CEO, Vince Kadar, will lead a Table Talk on #Tokenization. Explore #defi, #blockchain, and the future of #digitalassets. #CAC2023https://t.co/H090YiVY41 pic.twitter.com/JNftBCzsuV
— Polymath (@PolymathNetwork) November 1, 2023
In terms of performance, Polymath has seen a 27% price increase over the past year, outperforming 79% of the top 100 crypto assets during this period. Additionally, it is trading above the 200-day simple moving average. Over the last 30 days, 17 out of 30 days have seen positive price movements, accounting for 57% of the period.
4. THORChain (RUNE)
THORChain (RUNE) is a decentralized protocol engineered to facilitate cross-chain asset exchanges without reliance on centralization. Recently, it has garnered the attention of an analyst operating under the pseudonym ‘Altcoin Sherpa,’ who suggests that RUNE might reach the $3 price point.
THORChain is trading at $3.38, with a 24-hour trading volume of $393.84 million. The token’s market capitalization is $1.14 billion, contributing to a market dominance of 0.09%. Similarly, an intraday price rally of 16.57% sees RUNE sit #4 among the top crypto gainers today.
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— THORChain (@THORChain) November 3, 2023
Furthermore, THORChain currently boasts a circulating supply of 338.59 million RUNE out of a maximum supply of 500 million. The annual supply inflation rate stands at 2.39%, resulting in the creation of 7.90 million RUNE over the past year.
5. NEO (NEO)
NEO is trading at $10.67, boasting a 24-hour trading volume of $177.97 million. The coin has a market capitalization of $752.70 million, signifying a market dominance of 0.06%. Notably, NEO has seen a substantial 15.67% increase in its price over the past 24 hours.
Moreover, NEO’s current circulating supply is 70.54 million NEO tokens out of 100.00 million NEO. In the NEO Network sector, NEO is currently holding the top rank in terms of market capitalization. Therefore placing it #5 among the top crypto gainers today.
NEO functions as a decentralized platform designed to enable the creation of smart contracts and decentralized applications (DApps). Token holders receive GAS at regular intervals, with the quantity of GAS awarded equivalent to the amount of NEO held.
#Neo Founder @dahongfei, announcing #Neo’s New Chapter: an #MEVFree, #EVM compatible sidechain, to ensure security, privacy, and a smooth experience in the increasingly complex #DeFi landscape.
The sidechain is under development. The testnet is planned to be launched at the end… pic.twitter.com/EO9Ck52qGt
— Neo Smart Economy (@Neo_Blockchain) October 27, 2023
Regarding market sentiment, NEO’s price prediction currently leans towards a bullish outlook. At the same time, the Fear & Greed Index stands at 68, signifying a state of “Greed” in the market. This suggests a positive sentiment among investors and traders.
6. Meme Kombat (MK)
Meme Kombat (MK) has gained substantial attention in the crypto world, raising $1,158,825.82 of its $1,500,000 target. As such, the project’s appeal is expected to grow as more investors become aware of this new platform.
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— Meme Kombat (@Meme_Kombat) November 2, 2023
Moreover, Meme Kombat offers an integration of staking and betting. Users can stake their MK tokens on the platform, with 30% of the total supply allocated for staking rewards. The current annual percentage yield (APY) for staking stands at an attractive 112%, which makes it an appealing feature for potential investors.
Additionally, the project allows users to engage in wagering, which adds to the utility of the MK token. As Meme Kombat progresses toward listing on a decentralized exchange, they have set aside 10% of the total supply to provide liquidity.
7. Oasis Network (ROSE)
The Oasis Network is currently priced at $0.064800, and it has witnessed a 24-hour trading volume of $105.95 million. Its market capitalization is $423.94 million, holding a market dominance of 0.03%. Over the last 24 hours, the price of the ROSE token has increased by 11.08%.
Furthermore, the current sentiment regarding Oasis Network’s price prediction is leaning towards a bullish outlook. Similarly, the Fear & Greed Index score is 68, indicating “Greed.”
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— Oasis (@OasisProtocol) November 3, 2023
Regarding token supply, there are currently 6.54 billion ROSE tokens in circulation out of a maximum supply of 10.00 billion ROSE. Notably, the current yearly supply inflation rate is 30.13%, resulting in the creation of 1.51 billion ROSE tokens in the past year. Oasis Network holds the 15th position in the Proof-of-Stake Coins sector and ranks 7th among the top crypto gainers today.
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