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24% of coins are engulfed in green candlesticks, consolidating yesterday’s market performance. Leading the top gainer’s pack is Space ID, boasting an impressive 17.94% surge. In contrast, Huobi Token takes the spotlight as today’s biggest loser, plummeting by 16.21% within the same timeframe.
Biggest Crypto Gainers Today – Top List
Pendle has emerged as the star performer over the past year, hitting a staggering gain of 3,205.81%. Meanwhile, Bitcoin Minetrix has surpassed the secured over $10 million in funding in just a few months. Similarly, Bitcoin exceeded $45,000, reaching its highest level since the day following the launch of spot ETFs.
1. Tribe (TRIBE)
Tribe has made the top crypto gainers today after surging 39.07% to hit $0.460051. This uptick has grabbed the attention of investors keen on adding to their coin collections as it trades near its circle high. Moreover, Tribe’s neutral price prediction indicates holders are also optimistic about a bull. In addition, the Fear & Greed Index of 72 shows substantial market activity.
Furthermore, Tribe’s market cap now stands at $203,023,739, showing a 22.50% increase. Similarly, the intraday trading volume also saw a notable uptick, rising by 9.98% to $578,244. Also, Tribe remains substantially above its cycle low by 218.61%.
On a year-to-date basis, Tribe has shown impressive growth, with its price surging by 78%. Notably, this output betters 72% of the top 100 tokens. Moreover, it is currently trading above its 200-day simple moving average, indicating a positive trend.
2. Bitcoin SV (BSV)
BSV emphasizes its scalability and readiness for blockchain application development. Hence, it makes it an attractive option for developers seeking a platform to grow alongside user adoption. Coupled with the assurance of low transaction fees and swift processing, developers can build on BSV, knowing it offers scalability.
Currently priced at $77.86, BSV has experienced a 5.17% increase in the last 24 hours, reflecting positive sentiment among investors. With a market dominance of 0.09%, BSV continues to assert its presence in the crypto market. Moreover, its year-on-year price surge of 86% indicates steady growth and stability.
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— BSV Blockchain (@BSVBlockchain) February 8, 2024
Furthermore, BSV’s high greed score of 72 suggests significant trading activity in the market. Additionally, BSV is above its 200-day SMA, indicating a positive trend in its price.
3. Beam (BEAM)
Sphere, the marketplace for Beam, has integrated the Immutable zkEVM testnet and mainnet. This milestone means Sphere becomes the first marketplace to achieve this feat. Consequently, every collection launched on the Immutable zkEVM mainnet or testnet will now be accessible on the Sphere platform.
As expected, this integration has sparked a surge in activity, driving up Beam’s price by 12.71% to $0.020127. Furthermore, trading volume has grown substantially, soaring by 147.17% to reach $34,148,988 and securing Beam’s position at #129.
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— Merit Circle (@MeritCircle_IO) February 5, 2024
Moreover, Beam is developing robust partnerships and a solid community rallying behind it. As such, Beam exhibits promising potential for future growth. Also, analysts foresee the BEAM Coin’s price surpassing $0.701 as it enters the top crypto gainers today.
4. eCash (XEC)
eCash’s strides last month have been a significant catalyst for its entry into the top crypto gainers today. Last month, eCash’s Cashtab Wallet saw substantial upgrades, particularly with its QR code scanning feature optimized for iOS devices on non-Safari browsers. This promises faster scan times, which is a welcome improvement for users.
Notably, eCash has maintained its momentum this month with a price of $0.00003446. Over the past 24 hours, the price of XEC has increased by 5.79%, indicating a positive sentiment among investors. In addition, the Fear/Greed Index currently stands at 72, suggesting a slight inclination towards greed in the market.
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— eCash (@eCashOfficial) February 6, 2024
Furthermore, eCash has been trading above its 200-day SMA, with 17/30 green candlesticks showing positive price movements. This represents 57% of the observed period. With indicators pointing to oversold conditions, there’s a possibility of a price increase shortly, providing an opportunity for investors to consider their options.
5. Flow (FLOW)
Flow network has seen a significant surge in transaction volume, reaching an impressive 509.4 million transactions. This surge represents an increase of over 42.96% compared to the previous week. Hence, it suggests a potential uptick in adoption or interest following two weeks of reduced activity or recent announcements.
This substantial growth translates to a significant jump in transaction numbers, with transactions soaring from a previous 2 million to nearly 2.2 million in the past week alone. This indicates sustained activity within the Flow network, with a considerable influx of transactions.
Furthermore, Flow boasts over 4.2 million transactions, with an impressive 138,000 active users and over 3,000 new accounts. Today, the price of Flow has surged to $0.802687, a 7.54% intraday rally. In addition, Flow has experienced 18 green days out of the last 30, accounting for 60% of the trading days. Meanwhile, Flow’s price consistently traded above the 200-day simple moving average.
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FLIP 237 outlines a contract protocol enabling arbitrary token bridging atomically between Flow and FlowEVM
Here's an illustration of how it will work: pic.twitter.com/cOXFxggWjj
— Flowverse 🌊 – Discover Flow Blockchain (@flowverse_) February 9, 2024
Similarly, this positive performance extends to its token sale price, with Flow demonstrating a market dominance of 0.07%. These metrics highlight Flow’s resilience and potential for growth within the cryptocurrency market.
6. Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix is emerging as a key player in redefining cloud mining practices. With a focus on transparency, user autonomy, and token security, Bitcoin Minetrix aims to lead the way in tokenized cloud mining.
On an impressive note, the Bitcoin Minetrix presale is off to a promising start. Having secured over $10 million in funding in just a few months, it garners attention from investors who recognize its potential.
Moreover, Bitcoin Minetrix’s unique approach to mining has caught the interest of investors looking to get involved early in a promising crypto asset. However, many may miss out on the opportunity with a limited supply available advantage of the presale phase.
Stage 24 of #BitcoinMinetrix ends in 2 days!
Difference between #ASIC and #GPU mining:
💻ASIC mining specializes in specific algorithms, offering high efficiency.
🖥️GPU mining, on the other hand, is versatile, suitable for various algorithms but with lower efficiency for each. pic.twitter.com/QIcy6edaMB
— Bitcoinminetrix (@bitcoinminetrix) February 8, 2024
With a soft cap set above $15 million spread across 39 stages, investors are incentivized to act quickly, especially as Stage 24 of the presale ends in just one day. At the current stage, investors can purchase 1 BTCMTX for $0.0133, providing an accessible entry point for potential stakeholders.
Visit Bitcoin Minetrix presale.
7. THORChain (RUNE)
THORChain, a newcomer in the decentralized asset exchange arena, aims to simplify value transfer in the DeFi world. Its features, including a unique one-way state peg and cross-chain asset swaps, make it noteworthy.
Moreover, THORChain’s ecosystem is thriving, with a TVL exceeding $280 million and its native token, RUNE, valued at $1.5 billion. The token trades at $5.29 today, marking a 14.57% intraday rally. In addition, RUNE has grown by 187% over the past year.
Say a user wants to wrap 99 Bitcoin
But $WBTC pool is only 71 WBTC deep
So THORChain streams the swap and easily handles the trade with minimal slippageNative asset rails meets capital efficiency pic.twitter.com/DfxgwFjM43
— THORChain (@THORChain) February 7, 2024
On this note, it has outstripped 88% of the top 100 coins, including Bitcoin and Ethereum. Furthermore, THORChain has consistently traded above its 200-day SMA and has experienced positive performance compared to its token sale price. Over the last 30 days, it has seen 16 green days, indicating favorable sentiment among investors.
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