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Track the impressive gains of Frax Share, Maker, Orbs, and Gnosis on November 14th in the cryptocurrency market.
Recent activities in the global cryptocurrency market have seen its capitalization experience a 0.63% intraday decrease, resting at $1.4 trillion. Conversely, the overall market volume has seen a notable 27.57% increase, reaching $61.85 billion during the same timeframe.
Biggest Crypto Gainers Today – Top List
Breaking down the market activity, the decentralized finance (DeFi) sector contributed $6.5 billion, comprising 10.51% of the total cryptocurrency market volume over the past 24 hours. Meanwhile, stablecoins play a substantial role, representing $54.45 billion or 88.04% of the total market volume during the same period.
1. Frax Share (FXS)
Frax Share (FXS) is priced at $7.56, marking a 13.05% increase in the last 24 hours. The 24-hour trading volume is $243.10M, with a market cap of $566.91M and a market dominance of 0.04%.
Moreover, the current sentiment regarding Frax Share’s price prediction is bullish, complemented by a Fear & Greed Index reading of 69 (Greed). Over the past year, the price has demonstrated a noteworthy 67% increase. As such, it outperformed 67% of the top 100 crypto assets during this period.
Furthermore, the current circulating supply is 75.02M FXS out of a maximum supply of 99.90M FXS, resulting in a yearly inflation rate of 362.81%. This is equivalent to creating 58.81M FXS in the last year.
https://t.co/gnEI5kjDki has reached out & confirmed https://t.co/cADe5RLjqv & https://t.co/AcTF8hlzaS domains are now routed back to their proper nameservers & configuration. We’ve been told they’ll explain what led to the incident after they conduct a full investigation tomorrow https://t.co/h1eE11P5wZ
— Frax Finance ¤⛓️¤ (@fraxfinance) November 1, 2023
Analyzing the token technically, FXS trades above its 200-day simple moving average. Moreover, the coin’s recent market activity tilts towards 16 green days in the last 30 days, 53% of the observed period. The project exhibits high liquidity, as indicated by its market cap, placing it among the top crypto gainers today.
2. Maker (MKR)
Over the past year, Maker has demonstrated a significant 111% increase in its price. Therefore, positioning itself as an outperformer among 77% of the top 100 crypto assets. Currently, Maker is trading above its 200-day simple moving average, indicating a positive market trend. The project boasts high liquidity, as evidenced by its market cap.
As of today, Maker’s price is $1,407.19, with a 24-hour trading volume of $285.01M and a market cap of $1.38B. Notably, it holds a market dominance of 0.10%, launching it into the top crypto gainers today. Over the past 24 hours, the MKR price has increased by 9.14%.
Based on current market sentiment, Maker’s price prediction leans towards a bullish outlook. The Fear & Greed Index stands at 69, indicating a state of greed among investors.
Spark's total value locked has exceeded $1 billion.
→ https://t.co/lrl0rpw8vw pic.twitter.com/6kSpmTS2QJ
— Maker (@MakerDAO) November 13, 2023
In terms of supply, Maker’s circulating supply is currently 977,631 out of a maximum supply of 1.01 million. Within the DeFi Coins sector, Maker holds the 7th position, ranked 13th in the Ethereum (ERC20) Tokens sector.
3. MultiversX (EGLD)
MultiversX is valued at $45.51, indicating a 5.20% increase in the last 24 hours. The 24-hour trading volume is $154.69 million, contributing to a market capitalization of $1.08 billion, with a market dominance of 0.08%.
The current sentiment around MultiversX (Elrond) is bullish, as the prevailing price prediction sentiment indicates. The Fear & Greed Index registers a value of 69, suggesting a state of greed. MultiversX (Elrond) currently holds the 27th position in the Layer 1 sector by market capitalization.
Analyzing its trading patterns, MultiversX (Elrond) has demonstrated resilience by consistently trading above the 200-day simple moving average. Over the last 30 days, it has experienced 18 green days, constituting 60% of the observed period. The project exhibits high liquidity based on its market cap.
4. Immutable (IMX)
Immutable X is currently valued at $1.182884, with a 24-hour trading volume of $331.19 million. Its market cap is $1.48 billion, and it holds a market dominance of 0.10%. Over the past 24 hours, the IMX price has increased by 7.81%.
Furthermore, market sentiment indicates a bullish trajectory for Immutable X’s price. Similarly, the Fear & Greed Index is at 69, signifying a state of greed. Moreover, Immutable X’s circulating supply is currently at 1.25 billion IMX out of a maximum supply of 2.00 billion IMX.
Last year, the yearly supply inflation rate was 432.04%, creating 1.02 billion IMX in the Layer 2 sector. Likewise, Immutable X holds the current rank of #2 based on market cap.
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Immutable, the leading web3 gaming platform, is joining forces with Ubisoft's Strategic Innovation Lab to create a new gaming experience to further unlock benefits for players through the power of web3.
This is another significant… pic.twitter.com/x3XvHwP0Zd
— Immutable (@Immutable) November 9, 2023
Over the last 30 days, Immutable X has experienced 20 green days, constituting 67% of the period and reflecting consistent positive trends. Additionally, the project exhibits high liquidity based on its market cap.
5. Bitcoin ETF Token (BTCETF)
The Bitcoin ETF Token project has emerged as a new entrant in the cryptocurrency domain, specifically focusing on leveraging the potential approval of a Bitcoin Exchange-Traded Fund (ETF). The project’s central objective is to consolidate this opportunity into a singular token, providing investors with a channel to increase their exposure to this development.
🌐Grayscale Bitcoin Trust aims for a spot #ETF transformation, narrowing its discount to the slimmest since inception.
Recent legal strides and @BlackRock $BTC ETF entry fuel optimism. Are you bullish on the future of #Crypto ETFs?#BitcoinETF has also now raised over $500K!🪙 pic.twitter.com/HaKz0g6BLw
— BTCETF_Token (@BTCETF_Token) November 13, 2023
Notably, the BTCETF project concentrates exclusively on the ETF approval process. Thus implying the potential for more substantial returns due to its relatively modest market capitalization.
The BTCETF project has raised $545,428 out of its $856,800 funding goal, indicating a discernible level of interest from buyers. Additionally, it currently holds a position among the top crypto gainers today. For prospective investors, the two-day timeframe until the projected price increase is highlighted as a window of opportunity to consider.
6. Orbs (ORBS)
Orbs (ORBS) currently holds a price of $0.049146, indicating a 7.23% increase in the past 24 hours. The cryptocurrency boasts a market cap of $155.68M, with a 24-hour trading volume of $137.46M and a market dominance of 0.01%. Similarly, a 30-day rally has placed it among the top crypto gainers today.
According to Orb’s price prediction, current market sentiment leans towards bullish, with a Fear & Greed Index indicating 69 (Greed).
Furthermore, supply metrics for ORBS reveal a circulating supply of 3.17B out of a maximum supply of 10.00B ORBS. The yearly supply inflation rate is 10.11%, creating 290.95M ORBS over the last year. Based on market cap, Orbs holds the 78th position in the Ethereum (ERC20) Tokens sector.
🌐Grayscale Bitcoin Trust aims for a spot #ETF transformation, narrowing its discount to the slimmest since inception.
Recent legal strides and @BlackRock $BTC ETF entry fuel optimism. Are you bullish on the future of #Crypto ETFs?#BitcoinETF has also now raised over $500K!🪙 pic.twitter.com/HaKz0g6BLw
— BTCETF_Token (@BTCETF_Token) November 13, 2023
Notably, Orbs witnessed a substantial 130% price increase in the past year, outperforming 82% of the top 100 cryptocurrencies. Furthermore, ORBS has demonstrated comparative outperformance against Bitcoin and Ethereum. Moreover, the current trading position is above the 200-day simple moving average, indicating a positive trend.
7. Gnosis (GNO)
In the past 24 hours, Gnosis (GNO) has observed a 5.95% increase in its price. The Market sentiment also reflects a bullish outlook, with the Fear & Greed Index registering at 69 (Greed).
Likewise, Gnosis maintains a circulating supply of 2.59 million GNO out of a maximum supply of 3.00 million GNO. The yearly supply inflation rate is 0.39%, creating 10,001 GNO last year. Regarding market capitalization, Gnosis holds the 15th position in the DeFi Coins sector. Furthermore, it is ranked 31st in the Ethereum (ERC20) Tokens sector.
We're excited to announce our speakers for #DSS23
🎙️@FrancescoRenziA from @Superfluid_HQ will be delivering a talk on the Main Stage ''Why Fees are good?''
⭐️@Superfluid_HQ is a revolutionary asset streaming protocol that enables real-time crypto transfers, utilized by DAOs,… pic.twitter.com/SVOs5gMtKK
— GnosisDAO (@GnosisDAO) November 13, 2023
Analyzing its recent performance, Gnosis has experienced a noteworthy 90% price increase over the last year, surpassing 73% of the top 100 crypto assets in terms of performance. Additionally, the cryptocurrency is trading above the 200-day simple moving average, with 18 green days in the last 30 days, reflecting a positive trend of 60%. The current positioning of Gnosis near its cycle high underscores, propelling it into the top crypto gainers today.
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