Top Crypto Gainers Today Dec 28 - Ethereum PoW, WOO Network, SKALE, Internet Computer

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Over the last 24 hours, the cryptocurrency market experienced a 20% positivity rate. Notably, Bitcoin SV emerged as the top crypto gainer today, with an impressive 47.53% increase.

In a year, Rollbit Coin emerged as the standout performer, showcasing a remarkable gain of 7,022.12%. In 2022, it continued its upward trend with a substantial 6,138.11% increase, showcasing consistent growth.

Biggest Crypto Gainers Today – Top List

Ether’s price experienced an upward tick on Wednesday due to heightened investor interest preceding anticipated positive developments in January. According to Coin Metrics, Ether saw a 6% uptick, while Solana’s SOL token has demonstrated strong performance in the crypto market this year, recording a 2% increase.

1. WOO Network (WOO)

The WOO Network trades at $ 0.490288 with a 24-hour trading volume of $ 214.57M. Furthermore, the coin exhibits a market cap of $ 883.37M and a market dominance of 0.05%. Over the past 24 hours, the WOO price has notably increased by 12.33%.

Furthermore, market sentiment leans towards a bullish outlook, reflected in the Fear & Greed Index at 73 (Greed). Key highlights include an impressive 315% price surge over the past year, outperforming 88% of the top 100 crypto assets. Additionally, it has showcased better performance compared to Bitcoin and Ethereum.

We are excited to announce that WOO X Spot markets will move to a designated market maker model in January, to continue to diversify counterparties, improve liquidity, and accelerate listings.

With futures already on a DMM model, this will complete our move to a more…

— WOO X (@_WOO_X) December 21, 2023

It has maintained a trading position above the 200-day simple moving average. Furthermore, the token has demonstrated positive trends compared to its token sale price. Notably, within the last 30 days, 19 instances of positive price movement. Thus, 63% of the period indicates relatively high liquidity based on market cap.

2. SKALE (SKL)

Over the past year, SKALE’s 305% increase sees it clinch the top crypto gainers today. This growth trajectory favors SKALE against 86% of the top 100 crypto assets. Hence, it has outperformed even stalwarts like Bitcoin and Ethereum during this period. Its current trading position is above the 200-day simple moving average, a trend indicator suggesting continued positive momentum.

Within the last month, SKALE experienced 16 days of gains. This figure accounts for 53% of the trading days, a testament to its recent bullish performance. It hovers near its cycle high, indicating a robust standing within the market. Moreover, its liquidity remains high, as indicated by its market cap.

SKALE Network has dominated as THE most active web3 gaming hub of 2023!

It's not just a network; it's a gaming revolution. Cheers to gas-free gaming and the epic dApps pioneering this space.👏 pic.twitter.com/8EGL4NCquI

— SKALE (@SkaleNetwork) December 18, 2023

As of the latest data, SKALE is valued at $0.087477, boasting a 24-hour trading volume of $625.05 million and a market cap of $439.51 million. It commands a market dominance of 0.03%. Notably, it has observed a surge of 35.65% in the past 24 hours.

3. Internet Computer (ICP)

ICP’s status among the top crypto gainers today reflects a price of $10.36, showcasing a 24-hour trading volume of $502.82M. The market cap stands at $4.70B, with a market dominance of 0.28%. Notably, there has been a 14.84% increase in the price within the last 24 hours.

Presently, the sentiment around price prediction is bullish. Also, the Fear & Greed Index registers at 73, indicating a level of greed in the market sentiment. Some key highlights of ICP’s performance include a 167% increase in price over the past year, outperforming 69% of the top 100 crypto assets within the same timeframe, and exhibiting stronger growth compared to Bitcoin and Ethereum.

Cycles burned is the direct economic value created by the #ICP

During the past year, we saw a significant growth in cycles burned, driven in part by the adoption of #ckBTC🔥

We also saw an increase in decentralization with 105 data centers and 117 node providers that are now… pic.twitter.com/XIqR1SWFbq

— DFINITY (@dfinity) December 28, 2023

The current trading status shows that ICP is above its 200-day simple moving average. In addition, it has a positive performance concerning its token sale price. Additionally, over the last 30 days, there have been 20 days of positive price movement, accounting for 67% of the observed period. Notably, its market cap suggests a higher level of liquidity.

4. Sponge V2 ($SPONGE V2)

Sponge V2, since its inception, has demonstrated substantial growth within the cryptocurrency market. Originally valued at $1 million, the token surged to a peak market capitalization, surpassing $100 million in 2023. It holds a market capitalization of $16 million, boasting a community of more than 11,500 holders.

https://twitter.com/spongeoneth/status/1738877238907371738?s=20

One notable feature of Sponge V2 is its Stake-to-Bridge model, which facilitates a smooth transition for $SPONGE holders to V2. This is achieved through incentivizing and retaining existing holders via staking mechanisms.

The project’s roadmap outlines plans for primary exchange listings and has garnered support from a sizable community of 30,000 members. These developments position the $SPONGE V2 project for potential growth. Therefore, it has drawn interest from prospective investors exploring opportunities in the cryptocurrency market.

5. SSV.network (SSV)

Over the past year, SSV Network has shown substantial growth, marking a 171% increase in price. Impressively, it has outperformed 70% of the top 100 crypto assets within this timeframe and has notably surpassed Bitcoin and Ethereum in performance.

Currently, SSV Network exhibits a bullish sentiment in its price prediction. This is complemented by a Fear & Greed Index of 73, indicating a trend towards greed in market sentiment.

Moreover, the asset trades above its 200-day simple moving average, signaling positive market movement. Its high liquidity, supported by its market capitalization, further solidifies its position in the market.

SSV is fully permissionless, setting a new standard for secure, distributed staking.

Discover what it means for validators and operators 👇https://t.co/tmFeyUj5OF

— SSV Network (@ssv_network) December 22, 2023

SSV Network’s price is $27.10, reflecting a 24-hour trading volume of $258.01 million. Moreover, it boasts a market capitalization of $271.00 million and has experienced a notable 10.14% increase in the last 24 hours.

6. Ethereum PoW (ETHW)

Ethereum PoW has experienced several key developments, placing it among the top crypto gainers today. Over 12 months, the token’s price surged by 29%, marking a substantial increase. It maintains a position above the 200-day simple moving average, indicating a sustained upward trend. Moreover, its market liquidity remains high, supported by its market capitalization.

Inflationary pressures have been relatively modest for Ethereum PoW, with an annual inflation rate recorded at 0.47%. This rate signifies the creation of 508,117 ETHW tokens in the past year. Notably, the token has exhibited a bullish sentiment regarding price prediction, aligning with a Fear & Greed Index indicating 73 (Greed).

Ethereum PoW holds a circulating supply of 107.82 million ETHW out of a maximum supply of 107.20 million ETHW. Ranking #46 in the Ethereum (ERC20) Tokens sector by market capitalization, the token continues to navigate its position within the market.

7. Rollbit Coin (RLB)

Rollbit Coin, valued at $ 0.146600, has seen notable activity in the past 24 hours. With a trading volume of $ 509,236 and a market cap of $ 483.33M, its market dominance is 0.03%. Over the last day, the RLB price has increased by 7.39%.

Presently, the sentiment for Rollbit Coin’s price prediction is bearish. In contrast, the Fear & Greed Index of 73 indicates greed in the market. Furthermore, the current circulating supply of Rollbit Coin stands at 3.30B RLB out of a maximum supply of 5.00B RLB. Notably, the coin has exhibited a remarkable 7,061% increase in price over the past year.

It has been 19 weeks since the RLB Dashboard began tracking Rollbot's hourly buys & burns!

9,760,236 $RLB (worth $1,619,007) were burnt last week, lowering the circulating supply by 0.32% https://t.co/M3py11s8AH pic.twitter.com/FwU0ZghLBD

— Rollbit (@rollbitcom) December 20, 2023

Hence, it surpassed 100% of the top 100 crypto assets, including Bitcoin and Ethereum. Additionally, it maintains a position above the 200-day simple moving average, indicating a positive trend.